Friday, October 4, 2013

Nifty Future Update

Sellers active in 5980-6010 Zone.  Let us see if Nifty is able to close above yesterday's High else closing may be weak.

Intra Post - Nifty Future Update

Raise Stop to 5892 for Balance

Intraday

Book Profit in Longs 50% @CMP 6003

Intraday

Nifty May be bought here CMP@5978 with 5960 Stop Loss for 30-50 ponits

Pre-Market View Reposted

5940-60/5966/5980 Nifty Spot will be Stiff Resistance & 5865-75 Good Support for the day 

Nifty Near Month Future 

6046-62         Stiff Resistance
6027-38         Resistance / Sell Zone
5994-6015     Resistance / Buy above
5966-69         Resistance / Sell zone
5941               Resistance Zone / Support Zone

5921-5925      Strong above / weak below

5909-5913      Key Support / Weakness will begin below
5871-5893      Support Zone / Sell Below
5845-50          Very Good Support Zone / Sell more below


===============================================================
10200-10250 Bank Nifty Spot will be the trend decider for the day

Bank Nifty Near Month Future

10800-900      Strong Resistance / Sell zone
10585-10650   Good Resistance
10420-10520   Resistance Zone / Buy Above

10280-10350    Strong above / weak below

10100-10200    Key Support / Weakness will begin below
9950-10000      Strong Support Zone / Sell Below

EOD - 3/10/2013