F&O Cues

F&O Cues Updated.

3 P.M

Nifty 6300 PE

Nifty 6300 Put has started yielding a bit now! Too Late.

Nifty Spot

Next Targets for Nifty Spot Holding 6175 will be 6275, 6282.

Nifty Put Update

Please exit Nifty 6300 PE @CMP 95 and close the call

Nifty Call

Buy Nifty 6300 Put @CMP 95.5  S/L 85 Target  117-120

1 P.M

Update

Longs should be careful till end of day, may be buying near the EOD is better.  Day signal is still Sell on Rises and Nifty is in Stiff resistance Zone.

Update

Below 6202 Nifty Spot will weaken to go down to 6175 Weekly Support or Lower.

12 Noon

Update

Both Nifty Spot and Future Reached the Targets of Day T1 6237 and 6260 respectively and correcting.  See Nifty Key Values table.

Update

Nifty Probably has done for the day and at best another small higher High is possible. Now it may trade between 6200-6220 and 6240-6260  Nifty Future for the Day. But weekly trend is turning up from here.

Update

Revised and updated Nifty and Banknifty Key Values.

Update

Day T1 done by nifty Spot. Sustaining above 6237 gives way for 6275 Nifty Spot.

Update

Nifty and Banknifty Key Values Updated.

Nifty has hit the bear stop loss in spot at 6175. Let the RBI policy get over. The bias is up for the day but since Tech Table has sell in rallies 6200-6210 looks good for selling / Profit Booking in Nifty Spot and the corresponding level for Nifty Future may be 6230-6244.   Let us see.

10 A.M

Opening Hour

Update

Break below 6102 and sanguinely below 6045 can confirm the bearish structure confirmation of the Diametric consideration.

Pre-Market Levels for Nifty and Banknifty Future - 18th Dec, 2013 working

Nifty Spot  6116 - Strong Support / 6175 - Strong Resistance

Nifty Future (Nifty has tested 6200 each day for last 3 days! what about today?)
6262                 Sell All
6230-6244       Very Strong Resistance / Strong Above
6215                 Sell All / Buy sustaining above
6193-6202       Strong Resistance
6185-6188       Stiff Resistance
6175                 Strength Above
6156                Hold Longs above / Sell Below
6130-6140       Good Support / Buy or Sell below
6128                 If Can't Break Good for Nifty
6106-6113       Strong Support / Buy or Sell below (Week's Important Target Zone)
6075-6093       Strong Support / Buy All

-----------------------------------------------------------------------------------------------------

Banknifty Spot  11043 - Strong Support / 11447 - Strong Resistance

Banknifty Future
11706-11733     Good Resistance
11545-11571     Very Strong Resistance / Sell ZOne
11440-11505     Stiff Resistance
11302-11379     Resistance / Stronger Above
11152-11208     Strong Above
11088                 Big Support
11044                 Important Weekly Target to be done
10978-11006     Big Support / Buy Zone
10869                 Buy All