EOD

F&O Cues

F&O Cues Updated.

Market is Net Short again similar to yesterday EOD. Sell on rallies likely.  6000 has been good support as of now. Exiting shorts near 6000 is preferable.  Similarly 6100 is resisting strongly till now. Let us see how market pans out.

3 P.M

2 P.M

Nifty behaving as par expectation

EOD yesterday  it was suggested that market has net shorts in Nifty and bias has been negative since open.  Gaps have not been filled above and below the present price till now. Bull stop loss was 6071(Hit) and sustaining below it Nifty Spot travel towards 6030 and holding it prices may attempt the day high once again.

1 P.M

12 Noon

11 A.M

Alternate View

If Nifty Falls from here without reaching the channel top then the e-leg of the triangle may still be incomplete.

10 A.M

Nifty Spot For the Week

Bullish  Above 6093
Bearish Below 6093

1st Hour

Pre-Market Levels for Nifty and Bank Nifty for 26th November, 2013

Nifty Future [Fair Value 6121 (Near) / 6174 (Series)]

6219             Sell All
6198             Very Strong Resistance
6174-6181    Strong Resistance
6159-6167    Resistance
6146             Strong Resistance
6114-6130    Stiff Resistance / Buy Above
6094-6108    Good Strong Support / Weakness below
6078-6088    Support / Sell Below
6050-6060    Good Support
6033-6043    Last support / Sell Below
6016             Buy All


Banknifty Future [Fair Value 10977 (Near) / 11092 (Series)]

11336              Sell All
11233             Stiff Resistance
11125-11134  Consolidation
11045-11074  Support / Weakness below
10951-10961  Very Good Support
10894-10917  Support
10763-10804  Strong Buy / Sell All below
10660-10675  Strong Support/ Buy Zone