Intra Update

Both Nifty and Bank Nifty got Support at the mentioned levels and now at the mentioned resistance level.

Nifty Intraday

                                                               6400+ is the 1st Target soon

Probable Neowave Count for Nifty

     6252 Plus closing holding will be good for Nifty watch out on or after 3 days.
    Caution needed at Higher levels especially near the all time highs.

Pre-Market Levels for Nifty and Bank Nifty Near Month Future for 31/10/2013

A ranged and lacklusture trading day expected due to Overbaught Nature of the Market and good move may come on Friday and Muhurat Trading day

Nifty Future Near Month

6321-6330    Strong Resistance
6262-6303    Stiff Resistance
6232-6253    Consolidation Area
6198-6225    Previous Resistance Turned Support Zone
6169-6191    Buy Zone


Bank Nifty Future Near Month

10620-10700   Strong Resistance

10350-10400   Stiff Resistance

11272              Strong above / Weak below

11160-11215  Support / Weak Below

10850-10980  Buy Zone