Tuesday, November 5, 2013

Pre-Market Levels for Nifty and Bank Nifty Future for 6/11/2013

Signal is buy on dips and sell on rises. Breakout above 6350 i.e. New high in Nifty may be linked with IIP Data date , which is week end or early next week.

Nifty Future Near Month

6344-6350  Stiff Resistance
6329-6335  Strong Resistance
6313           Resistance
6304           Weak Below
6264-6266  Good Support
6240-6250  Strong Support
6215-6222  Weakness will start below / Strong Support / Buy Zone


Bank Nifty Future Near Month

12000               Sell Zone
11800-11850   Strong Resistance
11756              Stiff Resistance
11680-11700  Strong Above / Resistance
11624             Weak Below
11493             Support
11390             Good Support
11300             Very Strong Support

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