Monday, November 25, 2013

F&O Cues - Updated

F&O Cues updated.

FII's have net shorted. Caution required tomorrow specially in the 2nd half.


3 P.M


Nifty Spot

6093 Nifty Spot will be important for today and week.

Reposting the Pre-Market Levels for Nifty and Bank Nifty Future

Nifty got resistance in the 2nd time in the mentioned zone in the  higher selling range and same is happening with Banknifty

Nifty Future [Fair Value 6137 (Near) / 6179 (Series)]

6150             Strong Resistance
6122-6131    Sell Zone
6100             Resistance
6086-6094    Sell Zone / Buy Above
6055-6064    Buy above / Sell Zone
6037              Buy Above
6025-6032    Strength Above
6012             Sell Below
5956-5971    Strong Support / Buy Zone / Sell Below
5930-5950    Stronger Support / Buy Zone / Sell Below
5901              Buy Zone

Bankifty Future [Fair Value 11000 (Near) / 11098 (Series)]

11262-11340    Sell All
11081-11124    Sell Zone / Stronger Resistance
10882-10913    Sell Zone / Stiff Resistance
10867               Key Number / Buy ABove / Sell Below
10828-10844   Consolidation
10750-10763   Buy Above
10660-10670   Good Support / Sell Below
10469-10481   Strong Support / Buy Zone / Sell Below
10347              Strong Buy Zone

2 P.M


Nifty Future

Nifty Future could reach the expected target of 6100

Nifty Spot Crutial Level for the day

6093 is the crutial level for Nifty Spot not just for today but for the entire week

Nifty Future

Exit longs at cost + Brokarage @CMP 6077

Update

Nifty Spot Weak sustaining below 6050 and Nifty Future Weak Sustaining below 6064

Nifty Future

Buying may be attempted here @cmp 6070 with Stop Loss of 6050 Target 6085 - T1 /  6100 - T2

1 P.M


12 Noon


Nifty Spot Update

To Change the trend / Bias from -ve to +ve Nifty must close above 6050

Neutral Triangle Completed as 1st Corrective ?

Nifty has probably completed the 1st corrective from 6,342.95  as an Neutral Triangle and now doing an x-wave ? Target may be Channel Top or nearby ?


11 A.M


Reposting the Pre-Market Levels for Nifty and Bank Nifty Future

Got Resistance in the expected level. May attempt Fair value (Near-6137) and also Fair Value (Series - 6179) today / tomorrow or during the week.  This upmove is probably an x-wave(?)

Nifty Future [Fair Value 6137 (Near) / 6179 (Series)]

6150             Strong Resistance
6122-6131    Sell Zone
6100             Resistance
6086-6094    Sell Zone / Buy Above
6055-6064    Buy above / Sell Zone
6037              Buy Above
6025-6032    Strength Above
6012             Sell Below
5956-5971    Strong Support / Buy Zone / Sell Below
5930-5950    Stronger Support / Buy Zone / Sell Below
5901              Buy Zone

Bankifty Future [Fair Value 11000 (Near) / 11098 (Series)]

11262-11340    Sell All
11081-11124    Sell Zone / Stronger Resistance
10882-10913    Sell Zone / Stiff Resistance
10867               Key Number / Buy ABove / Sell Below
10828-10844   Consolidation
10750-10763   Buy Above
10660-10670   Good Support / Sell Below
10469-10481   Strong Support / Buy Zone / Sell Below


10347              Strong Buy Zone

Nifty Spot Intraday Chart - Watch the Channel and retracement time


Nifty Spot Levels today

6089/ 6116 / 6158         - Strong Resistances
6034 /6049/6061/6071   - Supports

Nifty and Bank Nifty Future Support for the Day from Here

 Nifty Future will give Strong Support At / Near  6064
 Banknifty Future will give Strong Support At / Near 10867

10 A.M


9.20 A.M


Update

Hourly Chart update in Menu item Nifty