Pre-Market Levels for Nifty and Bank Nifty Future 29/10/2013

Nifty Near Month Future (Near Month)

6202            - Stiff Resistance
6172-6181   - Resistance
6135-6152   - Resistance / Sell Zone / Buy Above
6122            - Strength Above
6115             - Key Number / Buy Above / Sell Below
6070-6076   - Support
6040-6046    - Strong Support / Buy Zone
6007             - Support


Bank Nifty Future (Near Month)

11026              - Resistance
10900-10930  - Stiff Resistance
10841-10887  - Resistance
10769-10818  - Strength Above
10700             - Support
10440-10500  - Support
10300-10370  - Strong Support

Nifty Daily Chart

   d - leg may take 8 - 15 days or more

Nifty EOD Update

    c-leg Looks Complete ?

Bank Nifty Developing Monthly Market (Volume) Profile as on EOD, 28th Oct, 2013

   Bank Nifty looking weak and below 10750 it may Target 10200-10300 as well

Banknifty Weekly Volume Profile EOD 28/10/2013

     Bank Nifty Looking Weak and below 10700 it may target 10500

Nfity Spot Update

Strong Above 6126 and weak below 6116. Tomorrow may give the right opportunity to initiate longs.

Nifty Developing Monthly Market (Volume) Profile as on 2.18 P.M 28th Oct, 2013

Nifty Spot Update

Close below or sustaining below 6116 may invite more selling.

Nifty Spot Important Levels as on 1.23 P.M 28th Nov, 2013, based on OI Data

Nifty Update

Nifty is getting Oversold on very short term a good bounce may be expected soon. There is no real weakness as yet just passing time for the big event.

Pre-Market Levels Nifty, Bank Nifty Spot & Near Month Futures - Reposted

Nifty has signalled buy in Dips & Sell on Rises.  Caution with Bank Nifty. RBI policy Week.

Nifty Spot

6285             - Sell Zone
6250             - Resistance
6220-6226   - Strong Resistance
6189-6200   - Resistance
6169-6176   - Key Resistance  / Sell Zone / Buy More Above
6152-6161   - Resistance / Buy Above
6105            - Support / Buy Zone / Sell Below
6070            - Support Buy Zone

Nifty Future

6250-6266         - Resistance / Sell Zone
6215-6226         - Grinder
6190                  - Getting Stronger above
6177-6181         - Key Zone / Stiff Resistance / May Support if Crossed
6148                  - Weak below / Sell below
6110-6115         - Support
6075-6082        - Support / Buy Zone
6042                  - Buy Zone

Bank Nifty Spot

11400-11500      - Sell Zone
11300                  - Resistance
11000-11100      - Resistance / Key Zone
10882-10940      - Support / Resistance
10700/10750      - Good Support
10500-10600      - Strong Support
10300                 -  Buy Zone

Bank Nifty Future

10600-11700     - Stiff Resistance
11200-11300     - Resistance
11000-11050     - Key Resistance / Strong Above
10800-10900     - Support / Resistance
10700                - Weak Below
10450-10550     - Support
10350-10380     - Very Good Support

OI Chart as on 12.22 P.M Intraday 28th Oct, 2013

OI Data Analysis

6000 and 6100 Supports strengthening

6200 and  6300 Resistance Building

Speculation in 5800 and 6400

OI Chart Nifty Future

Nifty Future Volume Profile Chart - Week

Data Structure of Nifty Future as par Market (Volume) Profile

Weakness below 6145 and strength above 6169 Nifty Future

Nifty Future Call

Enter Long at 6148 & Also at 6135 Target1  6179, Target2 6190, Target3 6215-6226 SL 6125

Time Theory

In-between 12 P.M - 2 P.M the directional move may start.

Intra Update Nifty Future

Nifty Future Backed off from the Key Resistance Zone / Stiff Resistance Zone and has made a high of 6181.