Sunday, December 29, 2013

Pre-Market Levels for 30th December (Monday), 2013 Working (Market Volume Profile based)

Nifty Future
6417                  Sell All
6402                  Important Month Target
6376                   Strength Above / Sell Below
6359-6367         Sell More Below / Buy Holding
6325-6330         Support
6308                  Strong Support
6285-6295         Buy Level / Very Good Support
6262-6266         Buy All

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Banknifty Future
11853                  Sell All
11738                  Important Month Target
11680-11707       Sell All  
11609-11632       Strength Above / Sell Below
11543-11578       Sell More Below
11438-11485       Support
11364-11378       Strong Support / Weak Below
11236-11302       Buy All / Strong Support
11070                  Buy All






Note

Stocks and Commodities Blog Updated.

Banknifty Spot - Update on Monthly Chart implications

                                                                 Monthly Chart
The Earlier slow MACD Divergence had given good fall as can bee seen in the chart. Price is still below Month PSAR at 12196

Nifty Spot - Update on Weekly and Monthly Chart implications

                                                                      Weekly Chart
OBV reaching all time time High.  Correction is nearing or at best ranged bound and upside should be capped unless OBV is smoothened and lowered




                                                                     Monthly Chart
                                                            Price Divergence in Slow MACD