Tuesday, September 24, 2013
Market - Rolling Over
Market roll over behavior is visible by the price movement, meaning exiting the current month and taking the desired position in the next month futures. Generally market moves in a range madly during this period.
Pre-Market View - Nifty / Bank Nifty Future
Nifty Future
Target 5984-6004 (Sell Zone & Stronger resistance)
Buy Aggressively above 5945-55 (Sell Zone & Strong resistance)
Buy more above 5927-35 (Sell Zone & Strong resistance)
Strength above /Weak below 5915
Target 1 5855-65 (Big Support / Buying zone / Sell below)
Target 2 5815-25 (Bigger Support Buying zone)
Exit all longs below this level if price sustaining below this level
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Bank Nifty Future
Target 10600-700 (Sell Zone & Stronger resistance)
Buy Aggressively above 10375-425 (Sell Zone & Strong resistance)
Buy more above 10275-10325
Strength above /Weak below 10225-45
Target 1 10150-80 (Big Support/ Buying zone / Sell below)
Target 2 9800 (Bigger Support Buying zone)
Exit all longs below this level if price sustaining below this level
Target 5984-6004 (Sell Zone & Stronger resistance)
Buy Aggressively above 5945-55 (Sell Zone & Strong resistance)
Buy more above 5927-35 (Sell Zone & Strong resistance)
Strength above /Weak below 5915
Target 1 5855-65 (Big Support / Buying zone / Sell below)
Target 2 5815-25 (Bigger Support Buying zone)
Exit all longs below this level if price sustaining below this level
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Bank Nifty Future
Target 10600-700 (Sell Zone & Stronger resistance)
Buy Aggressively above 10375-425 (Sell Zone & Strong resistance)
Buy more above 10275-10325
Strength above /Weak below 10225-45
Target 1 10150-80 (Big Support/ Buying zone / Sell below)
Target 2 9800 (Bigger Support Buying zone)
Exit all longs below this level if price sustaining below this level
SBI Cash
Target3 1681-1707 Sell Zone
Target2 1662-72 Key Resistance
Target1 1643-53 Buy more above
Buy Holding 1615-35 Sell Below
Target1 1580 Good Support / Buy may be attempted / Sell below
Target2 1555-65
Target3 1533 Good Support / Buy Zone
Gold / Silver / Crude Near Month Futures
Gold (Oct) Future
Trend - Sidewise
Target4 30620-700 Book Profit / Sell Zone
Target2 30320-30380 Sell here if can't stay above
Target1 30100 buy more above (buy Above / Resistance)
Buy Holding 29750-920 or when price moves above / Sell below
Target1 29675-750
Target2 29575-625 Buy Zone
Target3 29450-500 Buy Zone
Silver Future
Trend - Sidewise
Target6 51000-51100 Book Profit /exit area
Target5 50300-600 Book Profit /exit area
Target4 50250-350 Buy above or exit
Target3 49900-50100 Good Resistance
Target2 49500-700 (Sell if can't cross)
Target1 49400-500 buy more above
Buy Holding 49200-300 or when price moves above / Sell below
Target1 48900
Target2 48600 -700 (buy zone)
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Crude Oil Future
Trend - Sidewise to down may slowly head towards 5900-6000 levels
Target3 6630-50-66 Book Profit / Exit Zone
Target2 6575-6620 (Sell Zone/ buy above)
Target1 6545-55 Key
Target2 6324
Trend - Sidewise
Target4 30620-700 Book Profit / Sell Zone
Target2 30320-30380 Sell here if can't stay above
Target1 30100 buy more above (buy Above / Resistance)
Buy Holding 29750-920 or when price moves above / Sell below
Target1 29675-750
Target2 29575-625 Buy Zone
Target3 29450-500 Buy Zone
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Silver Future
Trend - Sidewise
Target6 51000-51100 Book Profit /exit area
Target5 50300-600 Book Profit /exit area
Target4 50250-350 Buy above or exit
Target3 49900-50100 Good Resistance
Target2 49500-700 (Sell if can't cross)
Target1 49400-500 buy more above
Buy Holding 49200-300 or when price moves above / Sell below
Target1 48900
Target2 48600 -700 (buy zone)
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Crude Oil Future
Trend - Sidewise to down may slowly head towards 5900-6000 levels
Target3 6630-50-66 Book Profit / Exit Zone
Target2 6575-6620 (Sell Zone/ buy above)
Target1 6545-55 Key
Buy Holding 6485-6525, near this some good support & weakness below
Target1 6448Target2 6324
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