Nifty and Banknifty Spot and Future Targets for the remaining part of the Week - 3/12 - 6/12, 2013

Nifty Future Week
Buy above 6217
Weekly Target 1 - 6314
Target 2 - 6375
Target 3 - 6473
S/L - 6177
If unable to cross 6283
Revised Target - 6116
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Nifty Spot Week
Buy above 6173
Weekly Target 1 - 6269
Target 2 - 6330
Target 3 - 6427
S/L - 6134
If unable to cross 6238
Revised Target - 6073
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Banknifty Future Week
Buy above 11273
Weekly Target 1 - 11565
Target 2 - 11749
Target 3 - 12041
S/L - 11159
If unable to cross 11473
Revised Target - 10977
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Banknifty Spot Week
Buy above 11182
Weekly Target 1 - 11470
Target 2 - 11651
Target 3 - 11939
S/L - 11070
If unable to cross 11380
Revised Target - 10890

F&O Cues

F&O Cues updated.  It Seems things are likely to be quite volatile this month.

Nifty Spot EOD

                  Above 6238 Extracting Triangle may get ruled out.

4 P.M

3 P.M

2 P.M

Banknifty Future and Spot Weekly Call

Banknifty Future Weekly Call

Buy above 11273 Weekly Target 1 - 11565 Target 2 - 11749 Target 3 - 12041 S/L - 11159 / If unable to cross 11473 Revised Target - 10977

Sell below 11269 Weekly Target 1 - 10977 Target 2 - 10794 Target 3 - 10502 S/L - 11384 / If unable to break 11069 Revised Target - 11565

Banknifty Spot Weekly Call
Buy above 11182 Weekly Target 1 - 11651 Target 2 - 11939 Target 3 - 00 S/L - 11291 / If unable to cross 11470 Revised Target - 10981

Sell below 11178 Weekly Target 1 - 10981 Target 2 - 10890 Target 3 - 10709 S/L - 11380 / If unable to break 11070 Revised Target - 11651

Nifty Future and Spot Weekly Call

Nifty Future Weekly Call
Buy above 6217 Weekly Target 1 - 6314 Target 2 - 6375 Target 3 - 6473 S/L - 6177 / If unable to cross 6283 Revised Target - 6116

Sell below 6213 Weekly Target 1 - 6116 Target 2 - 6055 Target 3 - 5957 S/L - 6253 / If unable to break 6147 Revised Target - 6314

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Nifty Spot Weekly Call

Buy above 6173 Weekly Target 1 - 6330 Target 2 - 6427 Target 3 - 00 S/L - 6209 / If unable to cross 6269 Revised Target - 6104

Sell below 6169Weekly Target 1 - 6104 Target 2 - 6073 Target 3 - 6012 S/L - 6238 / If unable to break 6134 Revised Target - 6330

1 P.M

          Data Error in 12 Noon stands corrected here.

12 NOON

Nifty Spot Update

Nifty Spot has however taken the bear stop loss for the day at 6220(See 11 A.M Table) and can target 6246 if it sustains above 6220.

Nifty Future Update

Nifty Future is in danger zone above 6248 and whether it would go to 6297 around or not today is a question. As of now with the data situation w.r.t friday closing Nifty is vernarable to selling pressure.
6237-6247 is the buying zone for the day.

11 A.M

Nifty Spot update

6212.4 Crossed may be treated as positive and now 6238 (If crossed) and next 6270

Bank Nifty Future and Spot Levels for the Day

Bank Nifty Future - Day
Expected Trading range       11473 To  11069
Sell Near                            11355 Or  11565
Buy Near                            11187

Bank Nifty Spot - Day
Expected Trading range      11380 To  10981
Sell Near                            11470
Buy Near                            11263 Or 11097

* Levels once cleared can be interchangably used as buying or Selling Levels

Nifty and Nifty Future Expected Levels for the day

Nifty Future - Day
Expected Trading range   6283 To  6147
Sell Near                        6243  Or 6283 or 6314
Buy Near                        6187


Nifty Spot - Day
Expected Trading range   6238 To  6104
Sell Near                        6238 Or  6269
Buy Near                        6199 Or 6143

* Levels once cleared can be interchangably used as buying or Selling Levels

10 A.M

Intraday Post

6212.4 and 6238 Crossing is important and next target becomes the next earlier mentioned last pending initial target for Nifty Spot 6112 - T1 (Achieved - Last Thursday) / 6181 - T2  (Achived on Last Friday) / 6270 - T3.  Correction likely if unable to cross this level between 6212-6238.

Opening Hour

USDINR Weekly Levels 2/12 - 6/12, 2013

USDINR Weekly Levels 2/12 - 6/12, 2013

65.62              Sell Everything
65.23              Sell All
63.85-63.95   Sell Zone
63.30             Week Key / Sell Zone / Buy Above
63.19-63.24   Strong Resistance
62.94-62.99   Good Resistance
62.72-62.77   Weak Below
62.57-62.61   Strength Above / Sell Below
62.47             Resistance / Strength Above
62.31-62.40   Week Key / Buy Above / Sell Below
61.83-61.86   Good Support
61.62-61.73   Strong Buy Zone
61.19             Strong Buy Zone
59.91             Buy All