Tuesday, December 3, 2013

F&O Cues

F&O Cues updated.

Nifty EOD Chart

                                                                  Follow the falling channel.


3 P.M


Crucial Levels for the Week

Nifty Future 6283
Nifty Spot 6238
BankNifty Future 11473
Bank Nifty Spot 11380

2 P.M


1 P.M


Nifty OI Update

       6700 calls attracting speculation.

12 Noon


11 A.M


Update

6211 for Nifty Spot and
6247 for Nifty Future
will be the key for the day.

Banknifty Future and Spot Intraday Levels

Banknifty Future Day
Trading range 11457 To  11089
Sell Near 11540
Buy/Sell Near 11349 (S1/R1)
Or 11196 (S2/R2)
Or 11005 (S3/R3)


Banknifty Spot Day
Trading range 11312 To  11068
Sell Near 11367
Buy/Sell Near 11241 (S1/R1)
Or 11139 (S2/R2)
Or 11012 (S3/R3)

Nifty Spot and Future Intraday Levels

Nifty Future Day
Trading range 6280 To  6166
Sell Near 6305
Buy/Sell Near 6247 (S1/R1)
Or 6199 (S2/R2)
Or 6141 (S3/R3)

Nifty Spot Day
Trading range 6233 To  6155
Sell Near 6251
Buy/Sell Near 6211 (S1/R1)
Or 6178 (S2/R2)
Or 6137 (S3/R3)

10 A.M


Opening Hour


Nifty Spot Chart

Whether it will commence c-leg of a-b-c flat from 6342.95 or the continuation of diametric e-leg will be decided in a day or two. Close or trading below 6171 will be weak else normal sidewise correction after about 250 point move. Let's see.

Pre-Market - Nifty and Bank Nifty Future Levels for 3rd Dec, 2013

Nifty Futures
6349            Sell All
6321            Sell Zone
6314            First Target for the Week
6310            Strong Resistance
6280-6287   Crucial Target /Sell Zone / Buy More Above
6263-6273   Strong Resistance / Buy Above
6236             Buy on Dips / Sell Below      
6218-6225    Good Support / Weakness Below
6204-6210    Strong Buy 
6186-6190    Buy All
6177              Exit Longs

Banknifty Futures
11749               Second Target for the Week
11718-11733    Sell All
11614               Very Strong Resistance
11565               First Target for Week
11523               Strong Resistance       
11431-11453    Strength Above
11382               Strong Resistance 
11349               Support / Sell Below
11286-11313    Weakness Below
11249               Good Support
11170-11218    Big Support / Sell Below
11159               Exit Longs
11121-11138    Good Support / Buy Zone
11091-11095   Support / Buy All

F&O Cues

Data Errors Corrected.