Tuesday, October 8, 2013

Pre-Market View 9/10/2013

Nifty Future  (5900 Spot Key for the Day / 5993 Spot Strong Resistance)


6121             -   Stiff Resistance
6064-6085    -   Stiff Resistance
6035-6045    -   Resistance
6010-6019    -   Resistance / Sell Zone
5974-5995     -  Strong Resistance / Sell Zone


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5952-5964    -  Important Support / Resistance  i.e Buy above or Sell Below
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5926             -    Support
5884-5896    -   Good Support  - Buy Zone / Sell Below
5874-5878    -   Good Support
5856-5868    -   Very Good Support          
5846             -    Support

5814             -    Strong Support

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Bank Nifty Future (10360  Spot is the Key for the Day)

10850-11000   -    Stiff Resistance
10700-10770   -    Stiff Resistance
10440               -    Strong Above this
10334-10356    -    Stiff Resistance
10265-10278    -    Importance Zone

10170                -    Key Support

9950-10050       -   Strong Support
9700-9800         -   Support
9600-96             -   Sell Below
9400                  -   Support

Intra Update

Exit longs @cmp 5977

Nifty Future Update

Longs taken closer to 5954 may be booked @CMP 5967

Intraday Call Nifty Future

Enter Long Nifty Future AT 5978 and also at 5954 target  6014 - T1 / 6042-46 T2 / 6074-84 T3

Book 25% profit at each level and update Stop loss to next level after reaching higher level

* Buy/Sell call valid for a range  of   +/- 4/5 points from the target Buying / Selling Price

Pre-Market View 8/10/2013

Nifty Near Month Future  (Nifty spot 5930 - Trend Decider for today)

6118                    Strong  Resistance
6070-6084           Strong Resistance
6042-6046           Sell Zone / Stiff Resistance
5992-6014           Resistance Zone / Support Zone if crossed
5966-82               Support / Resistance

5936-54               Strong above / weak below 

5910-5915           Key Support / Weakness will begin below
5878-5894           Support Zone / Sell Below
5857                    Very Good Support Zone / Sell more below

Exit LOngs & Sell below this level
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Bank Nifty Near Month Future  (Bank Nifty Spot 10271 - Trend Decider for Today)

111200-11500  Strong Resistance / Sell zone
10800-900         Sell Zone / Buy Above
10560-10700     Resistance

10270-10370    Strong above / weak below

10000-10100    Key Support / Weakness will begin below

Exit long & Sell below this level