Positions should be closed between Nifty Spot 5700-5720 or EOD today, since Markets are closed
 up to Monday.    Nifty & Bank Nifty quite overbought now.

• Above 9820 Bank Nifty Future May show Higher strength towards 10300

•  5543+/- 10 Points is the max downside today for Nifty Spot

•  Nifty Future must hold 5550-60 to do short covering rally in the 2nd half towards EOD.  This will ensure OB conditions of the Market is taken care of.

• Since the Market is quite overbought some panic selling may happen which should be bought into.

Nifty Spot  (Positional Call, up to next week end)

Target7         5925
Target6         5850
Target5         5810
Target4         5775 (Caution near it if 5754 can't be taken out charts may require revision)
Target3         5720-40             ---------------   Due  Today ?
Target2         5680-5700         ---------------   Due  Today (Done today 6-9-2013)
Target1         5645-60            ---------------   Done Today 6-9-2013!

Dips towards 5590-5610 to be bought With 5578 (Eod Close) as Stop Loss.  Position may be help up to next Thursday / Friday 


Bank Nifty Spot  (Positional Call, up to next week end)

Target 2   11000
Target 1   10400


May be held for with 9500 (Eod close) as Stop Loss

Nifty Spot & Future

All dips towards 5600 must be bought for today, positional longs continues.