F&O cues Page started

Started  F&O cues page today.  Please have a look it is useful.

Nifty Spot and Future Update

Nifty Spot     6055-6065            is buy zone with Stop loss of 6040 and
Nifty Future  6085-6095/6100   is buy zone  with Stop loss of 6075

for the time being. Since there will be 3 days of holiday, positions may be closed EOD.

Update

Expected trip to channel top has happened.    End of the data didn't give big room for optimism. The highest that Nifty Spot can do this round may be 6150 (+/- 10-15 Points) and before that 6100-6110 is a big resistance.  6055- may break the move up strength for Nifty spot

Update

Nifty At Hourly Channel Top.

Update on Nifty Future

Got  resistance in the mentioned strong resistance zone 6102-6126 (High 6118.95). Now 6066-6085 will act as support.  Today Nifty has to do 2 days job in 1 day i.e. for Thursday and Friday (being Holiday tomorrow).  6100-6110 Nifty Spot should be strong resistance.

Diametric / Extracting Triangle

Diametric view is almost negated as the time factor is becoming important. However not breaking 5904 may being in Diametric into picture. Today if Nifty trades above and closes above the high of yesterday 6042.25 will change the bias to +ve.

Pre-Market Levels Nifty and Banknifty Future for 14th Nov, 2013 working

Nifty Future Levels for the day

6160-6170    Stiff Resistance
6140-6148    Strength above / Resistance
6102-6126    Strong Resistance / Sell Zone / Buy above
6078-6085    Good Resistance
6066-6072    Strength Above
6034-6044    Strong Above / Buy and Hold
6000             Big Support
5976             Strong Buy


Bank Nifty Future Levels for the day

11300-11350    Sell Zone
11000-11100    Stiff Resistance / Buy Above
10860-10900    Strong Resistance / Buy Above
10650-10700    Strong Above / Buy and Hold
10525-10565    Support
10320-10360    Strong Support