Pre-Market - Nifty Future and Bank Nifty Future Levels for 7th Nov, 2013

Nifty Oversold in Hourly may produce bounce

FII's have started shorting Nifty Future which is worrying

Nifty Future Near Month

6360-6365      - Sell Zone / Stiff Resistance
6329-6339      - Sell Zone
6314-6322      - Stiff Resistance
6281-6291      - Resistance
6263-6267      - Weak Below
6247               - Weakness below
6219-6232      - Support / Buy Zone
6190-6200      - Last support


Bank Nifty Future Near Month

11740-11850    - Stiff Resistance
11660-11670    - Strong Resistance / Key
11560-11610    - Strong Resistance
11435-11515    - Resistance / Buy above
11321-11379    - Support
11280-11315    - Buy Zone / Sell Below
11193               - Strong buy zone