F&O Cues

F&O Cues Updated.

3 P.M

2 P.M

1 P.M

F&O Charts Updated

F&O Charts updated now at F&O Cues

12 Noon

Nifty Spot / Future Key Levels

Nifty Future may become weak below 6216 (Confirmed below 6198) and Nifty Spot would become weak below 6153 only. The resistance levels already given.

Nifty Spot Intraday

       Keep an eye on the New Support line for the entire upmove move continuation supports.

11 A.M

Nifty Spot Target

6181 - Target 2 Done for Nifty Spot.

Nifty Post

Longs need to be very cautious around 6250 Nifty Future and between 6180-6200 Nifty Spot.

10 A.M

Nifty Future Update

Now the resistance zone of 6198-6211 will act as support. If Nifty Future can take out 6247, which is a stiff resistance it can even target 6291-6300 (Sell Zone)

Nifty Update

Nifty has hit the upper trendline!  GDP data lined up today. 6181 next target for spot.

Nifty Spot Post

Nifty has confirmed the initial trend reversal by crossing 6123.5 in the opening itself.  Now watch the trendline resistances.

Pre-Market Levels for Nifty and Banknifty Future for 29th Nov, 2013

Month Closing Volatility Expected with upward bias

Nifty Future

6247                    Sell All
6198-6211          Very Strong Resistance / Sell Zone
6185-6188          Stiff Resistance / Sell Zone
6165                    Resistance
6152                   Weak below
6133-6145          Support 
6118-6125          Strong Support / Buy Zone
6106-6109          Buy All

Banknifty Future

11318                  Sell All
11204                  Strong Resistance / Sell Zone
11120                  Stiff Resistance
10960-11003       Strong Holding
10921-10932       Strong Support
10879-10919       Strong Buy Zone 

Nifty EOD Chart of 28th Nov, 2013

Watch the trendline resistances. Following can be the initial targets for Nifty Spot 6112 - T1 (Achieved - Yesterday) / 6181 - T2  / 6270 - T3.   Let us see how far and how fast Nifty can move to one or all of these levels. I think hitting the first target itself has prima-facie confirmed the trend reversal. One more confirmation will be cross of 6123.5 in first 3 hours(Preferably) or today.

F&O Cues

NSE data has errors and hence not published today.