Wednesday, January 1, 2014

Pre-Market Levels for 1st January , 2014 Working

The observation is that like 6200 last month,  Nifty Future base support is at 6300 this month and sustaining much below 6300 is difficult as par FII derivatives data and sustaining  much below it 
continuously may lead to 6100 Levels.

Nifty Future [6254-6352 as par F&O Cues]
6432                    Month T1
6417                    Sell All
6402                    Important Month Target
6394                    Resistance
6365-6376           Very Strong Resistance / Sell Zone
6352                    Strong above
6338-6346           Buy Zone / Sell Below
6308-6316          Good Support
6292-6302          Buy All
6281                   Big Support

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Bank Nifty Future [11300-11475 as par F&O Cues]
11853                  Month T1
11707-11738      Sell All (11738 Important Month Target)
11634-11662      Sell Zone
11514-11561      Very Strong Resistance
11473                  Strong Above
11436-11446      Support
11364-11396      Big Support / Sell Below
11316                 Weak Below
11211-11230      Buy All

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