Wednesday, April 30, 2014
Update
The diametric count is about to be invalidated as confirmed with break below 6706 Nifty Spot.
Nifty Spot Hourly Update
Completion of f-leg of diametric price and time wise complete. Yesterday's low around should hold especially 6706 and crossing of 6770 would boost Nifty. It may even go to as high as 7004 in g-leg. Only break of 6665 will change the count. Close above yesterday's high i.e 6779.70 will change the bias.
Update on Nifty Future
Holding 6760 nothing to worry on Nifty Future. Crossing 6814 Nifty Future is in safe hands.
Tuesday, April 29, 2014
Update on Nifty Spot
Break of 6665.15 would confirm completion of A-leg of second corrective for Nifty Spot. Normally f-leg diametric target has been done with and only a break below 6706 would call for a bigger correction.
Pre-Market Levels For 29th April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6848-6852 Sell All
6835-6844 Sell Zone
6819-6828 Resistance
6807-6815 Strength Above
6787-6796 Weak Below
6766-6771 Big Support
6753-6758 Support / Buy Zone
6747 Strong Buy Zone
6716-6725 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6822.00 Target1 - 6839 Target2 6856 Target3 - 6867 Target4 - 6893 Target5 - 6895 Target6 - 6911 Target7 - 6929 S/L 6818.00-(aggr) /6801.85-(Cons)
OR
Buy Closer to or C.O Above 6783.70 Target1 - 6818-6822 Target2 - 6839 Target3 6856 Target4 - 6867 Target5 - 6893 Target6 - 6895 Target7 - 6911 Target8 - 6929 S/L 6783.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6818.00 Target1 - 6801 Target2 - 6784 Target3 - 6773 Target4 - 6747 Target5 - 6745 Target6 - 6729 Target7 - 6711 S/L 6822.00-(aggr) /6838.15-(Cons)
OR
Sell Closer to or C.O Below 6856.30 Target1 - 6822-6818 Target2 - 6801 Target3 - 6784 Target4 - 6773 Target5 - 6747 Target6 - 6745 Target7 - 6729 Target8 - 6711 S/L 6856.30 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6798 - 6803 to 6822 - 6827 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then 6813 - 6818 to 6851 -6856 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13309 Sell Zone
13137-13178 Resistance
12958-13014 Support Zone
12794-12856 Buy Zone
12612-12652 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13199.30 Target1 - 13214 Target2 13242 Target3 - 13270 Target4 - 13316 Target5 - 13437 Target6 - 13498 Target7 - 13558 S/L 13191.50-(aggr) /13134.95-(Cons)
OR
Buy Closer to or C.O Above 13074.50 Target1 - 13191-13199 Target2 - 13214 Target3 13242 Target4 - 13270 Target5 - 13316 Target6 - 13437 Target7 - 13498 Target8 - 13558 S/L 13074.50 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13191.50 Target1 - 13177 Target2 - 13149 Target3 - 13120 Target4 - 13074 Target5 - 12954 Target6 - 12893 Target7 - 12833 S/L 13199.30-(aggr) /13255.85-(Cons)
OR
Sell Closer to or C.O Below 13316.30 Target1 - 13199-13191 Target2 - 13177 Target3 - 13149 Target4 - 13120 Target5 - 13074 Target6 - 12954 Target7 - 12893 Target8 - 12833 S/L 13316.30
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then 13181 - 13192 to 13305 -13316 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6848-6852 Sell All
6835-6844 Sell Zone
6819-6828 Resistance
6807-6815 Strength Above
6787-6796 Weak Below
6766-6771 Big Support
6753-6758 Support / Buy Zone
6747 Strong Buy Zone
6716-6725 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6822.00 Target1 - 6839 Target2 6856 Target3 - 6867 Target4 - 6893 Target5 - 6895 Target6 - 6911 Target7 - 6929 S/L 6818.00-(aggr) /6801.85-(Cons)
OR
Buy Closer to or C.O Above 6783.70 Target1 - 6818-6822 Target2 - 6839 Target3 6856 Target4 - 6867 Target5 - 6893 Target6 - 6895 Target7 - 6911 Target8 - 6929 S/L 6783.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6818.00 Target1 - 6801 Target2 - 6784 Target3 - 6773 Target4 - 6747 Target5 - 6745 Target6 - 6729 Target7 - 6711 S/L 6822.00-(aggr) /6838.15-(Cons)
OR
Sell Closer to or C.O Below 6856.30 Target1 - 6822-6818 Target2 - 6801 Target3 - 6784 Target4 - 6773 Target5 - 6747 Target6 - 6745 Target7 - 6729 Target8 - 6711 S/L 6856.30 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6798 - 6803 to 6822 - 6827 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then 6813 - 6818 to 6851 -6856 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13309 Sell Zone
13137-13178 Resistance
12958-13014 Support Zone
12794-12856 Buy Zone
12612-12652 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13199.30 Target1 - 13214 Target2 13242 Target3 - 13270 Target4 - 13316 Target5 - 13437 Target6 - 13498 Target7 - 13558 S/L 13191.50-(aggr) /13134.95-(Cons)
OR
Buy Closer to or C.O Above 13074.50 Target1 - 13191-13199 Target2 - 13214 Target3 13242 Target4 - 13270 Target5 - 13316 Target6 - 13437 Target7 - 13498 Target8 - 13558 S/L 13074.50 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13191.50 Target1 - 13177 Target2 - 13149 Target3 - 13120 Target4 - 13074 Target5 - 12954 Target6 - 12893 Target7 - 12833 S/L 13199.30-(aggr) /13255.85-(Cons)
OR
Sell Closer to or C.O Below 13316.30 Target1 - 13199-13191 Target2 - 13177 Target3 - 13149 Target4 - 13120 Target5 - 13074 Target6 - 12954 Target7 - 12893 Target8 - 12833 S/L 13316.30
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then 13181 - 13192 to 13305 -13316 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Monday, April 28, 2014
Pre-Market Levels For 28th April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6901-6904 Sell All
6879-6889 Sell Zone / Stiff Resistance
6853-6865 Stiff Resistance
6833-6843 Strong Resistance / Strength Above
6828 Resistance
6812-6820 Weak Below
6795-6801 Support Zone
6787 Buy Zone
6763 Big Support
6747-6756 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6828.30 Target1 - 6845 Target2 6862 Target3 - 6873 Target4 - 6899 Target5 - 6901 Target6 - 6917 Target7 - 6935 S/L 6824.30-(aggr) /6808.20-(Cons)
OR
Buy Closer to or C.O Above 6790.15 Target1 - 6824-6828 Target2 - 6845 Target3 6862 Target4 - 6873 Target5 - 6899 Target6 - 6901 Target7 - 6917 Target8 - 6935 S/L 6790.15 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6824.30 Target1 - 6808 Target2 - 6790 Target3 - 6779 Target4 - 6754 Target5 - 6751 Target6 - 6736 Target7 - 6718 S/L 6828.30-(aggr) /6844.40-(Cons)
OR
Sell Closer to or C.O Below 6862.45 Target1 - 6828-6824 Target2 - 6808 Target3 - 6790 Target4 - 6779 Target5 - 6754 Target6 - 6751 Target7 - 6736 Target8 - 6718 S/L 6862.45 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6804 - 6809 to 6828 - 6833 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then 6819 - 6824 to 6857 -6862 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13555-13587 Max Target / Sell
13411-13442 Sell All
13291-13340 Sell Zone / Stiff Resistance / Strong Above
13240 Resistance
13079-13142 Resistance zone
12954-13048 Support
12891-12932 Buy Zone
12776-12852 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13138.20 Target1 - 13153 Target2 13181 Target3 - 13209 Target4 - 13256 Target5 - 13378 Target6 - 13439 Target7 - 13500 S/L 13130.50-(aggr) /13073.40-(Cons)
OR
Buy Closer to or C.O Above 13012.45 Target1 - 13130-13138 Target2 - 13153 Target3 13181 Target4 - 13209 Target5 - 13256 Target6 - 13378 Target7 - 13439 Target8 - 13500 S/L 13012.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13130.50 Target1 - 13116 Target2 - 13087 Target3 - 13059 Target4 - 13012 Target5 - 12891 Target6 - 12830 Target7 - 12769 S/L 13138.20-(aggr) /13195.30-(Cons)
OR
Sell Closer to or C.O Below 13256.25 Target1 - 13138-13130 Target2 - 13116 Target3 - 13087 Target4 - 13059 Target5 - 13012 Target6 - 12891 Target7 - 12830 Target8 - 12769 S/L 13256.25 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then 13120 - 13131 to 13245 -13256 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6901-6904 Sell All
6879-6889 Sell Zone / Stiff Resistance
6853-6865 Stiff Resistance
6833-6843 Strong Resistance / Strength Above
6828 Resistance
6812-6820 Weak Below
6795-6801 Support Zone
6787 Buy Zone
6763 Big Support
6747-6756 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6828.30 Target1 - 6845 Target2 6862 Target3 - 6873 Target4 - 6899 Target5 - 6901 Target6 - 6917 Target7 - 6935 S/L 6824.30-(aggr) /6808.20-(Cons)
OR
Buy Closer to or C.O Above 6790.15 Target1 - 6824-6828 Target2 - 6845 Target3 6862 Target4 - 6873 Target5 - 6899 Target6 - 6901 Target7 - 6917 Target8 - 6935 S/L 6790.15 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6824.30 Target1 - 6808 Target2 - 6790 Target3 - 6779 Target4 - 6754 Target5 - 6751 Target6 - 6736 Target7 - 6718 S/L 6828.30-(aggr) /6844.40-(Cons)
OR
Sell Closer to or C.O Below 6862.45 Target1 - 6828-6824 Target2 - 6808 Target3 - 6790 Target4 - 6779 Target5 - 6754 Target6 - 6751 Target7 - 6736 Target8 - 6718 S/L 6862.45 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6804 - 6809 to 6828 - 6833 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then 6819 - 6824 to 6857 -6862 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13555-13587 Max Target / Sell
13411-13442 Sell All
13291-13340 Sell Zone / Stiff Resistance / Strong Above
13240 Resistance
13079-13142 Resistance zone
12954-13048 Support
12891-12932 Buy Zone
12776-12852 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13138.20 Target1 - 13153 Target2 13181 Target3 - 13209 Target4 - 13256 Target5 - 13378 Target6 - 13439 Target7 - 13500 S/L 13130.50-(aggr) /13073.40-(Cons)
OR
Buy Closer to or C.O Above 13012.45 Target1 - 13130-13138 Target2 - 13153 Target3 13181 Target4 - 13209 Target5 - 13256 Target6 - 13378 Target7 - 13439 Target8 - 13500 S/L 13012.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13130.50 Target1 - 13116 Target2 - 13087 Target3 - 13059 Target4 - 13012 Target5 - 12891 Target6 - 12830 Target7 - 12769 S/L 13138.20-(aggr) /13195.30-(Cons)
OR
Sell Closer to or C.O Below 13256.25 Target1 - 13138-13130 Target2 - 13116 Target3 - 13087 Target4 - 13059 Target5 - 13012 Target6 - 12891 Target7 - 12830 Target8 - 12769 S/L 13256.25 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then 13120 - 13131 to 13245 -13256 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Saturday, April 26, 2014
Friday, April 25, 2014
Pre-Market Levels For 25th April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6972 Sell All
6957-6963 Resistance
6923-6933 Strong Resistance
6913-6920 Resistance / 6920 - Week T3
6895-6902 Strong Above
6870-6880 Good Support Zone / Buy Zone
6855-6860 Buy Zone
6842-6851 Buy All
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13403-13434 Sell All
13338-13353 Sell Zone
13307 Week T2
13225-13278 Strong Resistance
13140-13197 Resistance
13063-13096 Support
12882 Weak Below / Buy Zone
12740-12781 Buy All
-------------------------------------------------------------------------------------------------------------------------
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6972 Sell All
6957-6963 Resistance
6923-6933 Strong Resistance
6913-6920 Resistance / 6920 - Week T3
6895-6902 Strong Above
6870-6880 Good Support Zone / Buy Zone
6855-6860 Buy Zone
6842-6851 Buy All
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13403-13434 Sell All
13338-13353 Sell Zone
13307 Week T2
13225-13278 Strong Resistance
13140-13197 Resistance
13063-13096 Support
12882 Weak Below / Buy Zone
12740-12781 Buy All
-------------------------------------------------------------------------------------------------------------------------
Wednesday, April 23, 2014
Update on Nifty Spot
Close below 6820.75 i.e. low of today will only confirm completion of g-leg if it happens tomorrow. Bias is positive till now.
Update
6895-6960 (Max +/- 10/15 points) may be the target for diametric g-leg, if the rally continues.
Pre-Market Levels For 23rd April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6878 Sell All / 6877 - Week T2
6864-6871 Sell Zone
6843-6854 Strong Resistance / Hold Longs Above
6831-6836 Consolidation Zone / Weak Below
6815-6820 Support Zone
6795-6807 Buy Zone / Big Support
6782-6790 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6831.60 Target1 - 6848 Target2 6865 Target3 - 6876 Target4 - 6901 Target5 - 6905 Target6 - 6919 Target7 - 6937 S/L 6827.60-(aggr) /6811.70-(Cons)
OR
Buy Closer to or C.O Above 6793.80 Target1 - 6828-6832 Target2 - 6848 Target3 6865 Target4 - 6876 Target5 - 6901 Target6 - 6905 Target7 - 6919 Target8 - 6937 S/L 6793.80 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6827.60 Target1 - 6811 Target2 - 6794 Target3 - 6783 Target4 - 6758 Target5 - 6755 Target6 - 6740 Target7 - 6722 S/L 6831.60-(aggr) /6847.51-(Cons)
OR
Sell Closer to or C.O Below 6865.40 Target1 - 6832-6828 Target2 - 6811 Target3 - 6794 Target4 - 6783 Target5 - 6758 Target6 - 6755 Target7 - 6740 Target8 - 6722 S/L 6865.40 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6808 - 6813 to 6832 - 6837 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13587 Week T3
13259-13307 Sell All / 13307 - Week T2
13111-13205 Sell Zone / Hold Longs Above
12999-13078 Resistance Zone
12935-12964 Support Zone
12781-12864 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13005.70 Target1 - 13021 Target2 13049 Target3 - 13077 Target4 - 13127 Target5 - 13252 Target6 - 13314 Target7 - 13376 S/L 12998.05-(aggr) /12939.40-(Cons)
OR
Buy Closer to or C.O Above 12877.00 Target1 - 12998-13006 Target2 - 13021 Target3 13049 Target4 - 13077 Target5 - 13127 Target6 - 13252 Target7 - 13314 Target8 - 13376 S/L 12877.00 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12998.05 Target1 - 12983 Target2 - 12955 Target3 - 12927 Target4 - 12877 Target5 - 12752 Target6 - 12690 Target7 - 12627 S/L 13005.70-(aggr) /13064.30-(Cons)
OR
Sell Closer to or C.O Below 13126.70 Target1 - 13006-12998 Target2 - 12983 Target3 - 12955 Target4 - 12927 Target5 - 12877 Target6 - 12752 Target7 - 12690 Target8 - 12627 S/L 13126.70 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 12930 - 12941 to 13006 - 13017 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6878 Sell All / 6877 - Week T2
6864-6871 Sell Zone
6843-6854 Strong Resistance / Hold Longs Above
6831-6836 Consolidation Zone / Weak Below
6815-6820 Support Zone
6795-6807 Buy Zone / Big Support
6782-6790 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6831.60 Target1 - 6848 Target2 6865 Target3 - 6876 Target4 - 6901 Target5 - 6905 Target6 - 6919 Target7 - 6937 S/L 6827.60-(aggr) /6811.70-(Cons)
OR
Buy Closer to or C.O Above 6793.80 Target1 - 6828-6832 Target2 - 6848 Target3 6865 Target4 - 6876 Target5 - 6901 Target6 - 6905 Target7 - 6919 Target8 - 6937 S/L 6793.80 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6827.60 Target1 - 6811 Target2 - 6794 Target3 - 6783 Target4 - 6758 Target5 - 6755 Target6 - 6740 Target7 - 6722 S/L 6831.60-(aggr) /6847.51-(Cons)
OR
Sell Closer to or C.O Below 6865.40 Target1 - 6832-6828 Target2 - 6811 Target3 - 6794 Target4 - 6783 Target5 - 6758 Target6 - 6755 Target7 - 6740 Target8 - 6722 S/L 6865.40 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6808 - 6813 to 6832 - 6837 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13587 Week T3
13259-13307 Sell All / 13307 - Week T2
13111-13205 Sell Zone / Hold Longs Above
12999-13078 Resistance Zone
12935-12964 Support Zone
12781-12864 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13005.70 Target1 - 13021 Target2 13049 Target3 - 13077 Target4 - 13127 Target5 - 13252 Target6 - 13314 Target7 - 13376 S/L 12998.05-(aggr) /12939.40-(Cons)
OR
Buy Closer to or C.O Above 12877.00 Target1 - 12998-13006 Target2 - 13021 Target3 13049 Target4 - 13077 Target5 - 13127 Target6 - 13252 Target7 - 13314 Target8 - 13376 S/L 12877.00 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12998.05 Target1 - 12983 Target2 - 12955 Target3 - 12927 Target4 - 12877 Target5 - 12752 Target6 - 12690 Target7 - 12627 S/L 13005.70-(aggr) /13064.30-(Cons)
OR
Sell Closer to or C.O Below 13126.70 Target1 - 13006-12998 Target2 - 12983 Target3 - 12955 Target4 - 12927 Target5 - 12877 Target6 - 12752 Target7 - 12690 Target8 - 12627 S/L 13126.70 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 12930 - 12941 to 13006 - 13017 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------
Tuesday, April 22, 2014
Update on Nifty Spot
Timewise g-leg has matched with a-leg (approximately). Based on other time rules it has more time left to complete! We have to observe tomorrow's price action.
Update on Nifty Spot
My assumption on the target for g-leg of diametric has been on expectancy of g-leg = a-leg, however diametric g-leg can go above the c-e line as well. In such case the target for the g-leg comes above 6900. Ideally we have to look at the channel break to conclude completion of g-leg.
Update on Nifty Spot
Looks like that the rally from 5984.6 (14th Feb, 2014) i.e. the 2nd leg of the corrective is forming as a Bow-tie diametric and we are currently in the g leg of the diametric and ideally it should complete near 6850+/- 10/20 points and thereafter correct. Now if the correction is less than 111.6 points it could be an x-wave after diametric else it could be the b-leg after completion of a-leg of the 2nd corrective. Let's see what comes up. I would say what I have always said - trade the levels, charts can adjust.
Pre-Market Levels For 22nd April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6920 Week T3
6900-6908 Sell All
6887-6889 Strong Resistance
6877 Week T2
6858-6865 Sell Zone
6842-6854 Strong Resistance / Strong Above 6846
6815-6824 Good Support / Buy Zone
6795-6806 Bigger Buy Zone / Weak Below
6772-6787 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6840.15 Target1 - 6857 Target2 6876 Target3 - 6885 Target4 - 6913 Target5 - 6914 Target6 - 6933 Target7 - 6952 S/L 6836.15-(aggr) /6819.20-(Cons)
OR
Buy Closer to or C.O Above 6800.25 Target1 - 6836-6840 Target2 - 6857 Target3 6876 Target4 - 6885 Target5 - 6913 Target6 - 6914 Target7 - 6933 Target8 - 6952 S/L 6800.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6836.15 Target1 - 6819 Target2 - 6800 Target3 - 6791 Target4 - 6763 Target5 - 6762 Target6 - 6743 Target7 - 6725 S/L 6840.16-(aggr) /6857.10-(Cons)
OR
Sell Closer to or C.O Below 6876.05 Target1 - 6840-6836 Target2 - 6819 Target3 - 6800 Target4 - 6791 Target5 - 6763 Target6 - 6762 Target7 - 6743 Target8 - 6725 S/L 6876.05 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13587 Week T3
13272-13354 Sell All / 13307 Week T2
13256-13259 Month T3 / Stiff Resistance
13101-13167 Sell Zone / Resistance
13050-13077 Resistance
12954-12997 Support
12780-12876 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12999.95 Target1 - 13015 Target2 13043 Target3 - 13071 Target4 - 13125 Target5 - 13254 Target6 - 13318 Target7 - 13383 S/L 12992.35-(aggr) /12931.70-(Cons)
OR
Buy Closer to or C.O Above 12867.25 Target1 - 12992-13000 Target2 - 13015 Target3 13043 Target4 - 13071 Target5 - 13125 Target6 - 13254 Target7 - 13318 Target8 - 13383 S/L 12867.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12992.35 Target1 - 12977 Target2 - 12949 Target3 - 12921 Target4 - 12867 Target5 - 12738 Target6 - 12674 Target7 - 12609 S/L 12999.95-(aggr) /13060.60-(Cons)
OR
Sell Closer to or C.O Below 13125.05 Target1 - 13000-12992 Target2 - 12977 Target3 - 12949 Target4 - 12921 Target5 - 12867 Target6 - 12738 Target7 - 12674 Target8 - 12609 S/L 13125.05 or Day's High
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6920 Week T3
6900-6908 Sell All
6887-6889 Strong Resistance
6877 Week T2
6858-6865 Sell Zone
6842-6854 Strong Resistance / Strong Above 6846
6815-6824 Good Support / Buy Zone
6795-6806 Bigger Buy Zone / Weak Below
6772-6787 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6840.15 Target1 - 6857 Target2 6876 Target3 - 6885 Target4 - 6913 Target5 - 6914 Target6 - 6933 Target7 - 6952 S/L 6836.15-(aggr) /6819.20-(Cons)
OR
Buy Closer to or C.O Above 6800.25 Target1 - 6836-6840 Target2 - 6857 Target3 6876 Target4 - 6885 Target5 - 6913 Target6 - 6914 Target7 - 6933 Target8 - 6952 S/L 6800.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6836.15 Target1 - 6819 Target2 - 6800 Target3 - 6791 Target4 - 6763 Target5 - 6762 Target6 - 6743 Target7 - 6725 S/L 6840.16-(aggr) /6857.10-(Cons)
OR
Sell Closer to or C.O Below 6876.05 Target1 - 6840-6836 Target2 - 6819 Target3 - 6800 Target4 - 6791 Target5 - 6763 Target6 - 6762 Target7 - 6743 Target8 - 6725 S/L 6876.05 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13587 Week T3
13272-13354 Sell All / 13307 Week T2
13256-13259 Month T3 / Stiff Resistance
13101-13167 Sell Zone / Resistance
13050-13077 Resistance
12954-12997 Support
12780-12876 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12999.95 Target1 - 13015 Target2 13043 Target3 - 13071 Target4 - 13125 Target5 - 13254 Target6 - 13318 Target7 - 13383 S/L 12992.35-(aggr) /12931.70-(Cons)
OR
Buy Closer to or C.O Above 12867.25 Target1 - 12992-13000 Target2 - 13015 Target3 13043 Target4 - 13071 Target5 - 13125 Target6 - 13254 Target7 - 13318 Target8 - 13383 S/L 12867.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12992.35 Target1 - 12977 Target2 - 12949 Target3 - 12921 Target4 - 12867 Target5 - 12738 Target6 - 12674 Target7 - 12609 S/L 12999.95-(aggr) /13060.60-(Cons)
OR
Sell Closer to or C.O Below 13125.05 Target1 - 13000-12992 Target2 - 12977 Target3 - 12949 Target4 - 12921 Target5 - 12867 Target6 - 12738 Target7 - 12674 Target8 - 12609 S/L 13125.05 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Monday, April 21, 2014
Nifty Future Call worked appropriately
Nifty Future Buy call got active near 6801.95 (low for the day was 6801.2) and has made upto target3 (6847). In Pre-market level 6848-6857 had been specified as Stiff Resistance and Sell All Zone, Nifty made a high of 6849.60 in that range only and got sold off towards late hours.
Sunday, April 20, 2014
Saturday, April 19, 2014
Pre-Market Levels For 21st April, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6848-6857 Sell All / Stiff Resistance
6839-6843 Sell Zone
6826 Resistance
6799-6807 Key Zone
6785-6795 Consolidation Zone
6763-6770 Strong Support / Weak Below / Buy Zone
6748-6753 Support
6737 Buy Zone
6721-6732 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6801.95 Target1 - 6819 Target2 6839 Target3 - 6847 Target4 - 6875 Target5 - 6878 Target6 - 6897 Target7 - 6917 S/L 6797.95-(aggr) /6780.50-(Cons)
OR
Buy Closer to or C.O Above 6761.05 Target1 - 6798-6802 Target2 - 6819 Target3 6839 Target4 - 6847 Target5 - 6875 Target6 - 6878 Target7 - 6897 Target8 - 6917 S/L 6761.05 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6797.95 Target1 - 6781 Target2 - 6761 Target3 - 6753 Target4 - 6725 Target5 - 6722 Target6 - 6703 Target7 - 6683 S/L 6801.95-(aggr) /6819.40-(Cons)
OR
Sell Closer to or C.O Below 6838.85 Target1 - 6802-6798 Target2 - 6781 Target3 - 6761 Target4 - 6753 Target5 - 6725 Target6 - 6722 Target7 - 6703 Target8 - 6683 S/L 6838.85 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13141-13259 Sell All
13057-13064 Sell Zone
12928-12955 Key
12856-12898 Strong Resistance / Vital if holds above
12709-12773 Buy Zone
12588-12631 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12832.40 Target1 - 12847 Target2 12875 Target3 - 12904 Target4 - 12959 Target5 - 13090 Target6 - 13156 Target7 - 13221 S/L 12824.80-(aggr) /12763.15-(Cons)
OR
Buy Closer to or C.O Above 12697.75 Target1 - 12825-12832 Target2 - 12847 Target3 12875 Target4 - 12904 Target5 - 12959 Target6 - 13090 Target7 - 13156 Target8 - 13221 S/L 12697.75 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12824.80 Target1 - 12810 Target2 - 12782 Target3 - 12754 Target4 - 12698 Target5 - 12567 Target6 - 12501 Target7 - 12436 S/L 12832.40-(aggr) /12894.05-(Cons)
OR
Sell Closer to or C.O Below 12959.45 Target1 - 12832-12825 Target2 - 12810 Target3 - 12782 Target4 - 12754 Target5 - 12698 Target6 - 12567 Target7 - 12501 Target8 - 12436 S/L 12959.45 or Day's High
-------------------------------------------------------------------------------------------------------------------------
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
6848-6857 Sell All / Stiff Resistance
6839-6843 Sell Zone
6826 Resistance
6799-6807 Key Zone
6785-6795 Consolidation Zone
6763-6770 Strong Support / Weak Below / Buy Zone
6748-6753 Support
6737 Buy Zone
6721-6732 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6801.95 Target1 - 6819 Target2 6839 Target3 - 6847 Target4 - 6875 Target5 - 6878 Target6 - 6897 Target7 - 6917 S/L 6797.95-(aggr) /6780.50-(Cons)
OR
Buy Closer to or C.O Above 6761.05 Target1 - 6798-6802 Target2 - 6819 Target3 6839 Target4 - 6847 Target5 - 6875 Target6 - 6878 Target7 - 6897 Target8 - 6917 S/L 6761.05 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6797.95 Target1 - 6781 Target2 - 6761 Target3 - 6753 Target4 - 6725 Target5 - 6722 Target6 - 6703 Target7 - 6683 S/L 6801.95-(aggr) /6819.40-(Cons)
OR
Sell Closer to or C.O Below 6838.85 Target1 - 6802-6798 Target2 - 6781 Target3 - 6761 Target4 - 6753 Target5 - 6725 Target6 - 6722 Target7 - 6703 Target8 - 6683 S/L 6838.85 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13141-13259 Sell All
13057-13064 Sell Zone
12928-12955 Key
12856-12898 Strong Resistance / Vital if holds above
12709-12773 Buy Zone
12588-12631 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12832.40 Target1 - 12847 Target2 12875 Target3 - 12904 Target4 - 12959 Target5 - 13090 Target6 - 13156 Target7 - 13221 S/L 12824.80-(aggr) /12763.15-(Cons)
OR
Buy Closer to or C.O Above 12697.75 Target1 - 12825-12832 Target2 - 12847 Target3 12875 Target4 - 12904 Target5 - 12959 Target6 - 13090 Target7 - 13156 Target8 - 13221 S/L 12697.75 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12824.80 Target1 - 12810 Target2 - 12782 Target3 - 12754 Target4 - 12698 Target5 - 12567 Target6 - 12501 Target7 - 12436 S/L 12832.40-(aggr) /12894.05-(Cons)
OR
Sell Closer to or C.O Below 12959.45 Target1 - 12832-12825 Target2 - 12810 Target3 - 12782 Target4 - 12754 Target5 - 12698 Target6 - 12567 Target7 - 12501 Target8 - 12436 S/L 12959.45 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Thursday, April 17, 2014
Update on Nifty Spot
If this upmove is the e-leg of the extracting triangle, it should not under any circumstances cross or touch 6833.80 and any one of the following upto a maximum below 6833.8 can be it's target :
Target 4 - Anything below 6833.8
Target 3 - 6800.07
Target 2 - 6796.70
Target 1 - 6769.38
Target 4 - Anything below 6833.8
Target 3 - 6800.07
Target 2 - 6796.70
Target 1 - 6769.38
and thereafter it should correct by minimum 169-273 Points plus time correction is also needed. The moment we cross 6833.80 the assumption is out.
Update on Nifty Future
As we can see unless 6734.2 is broken there isn't any worry today for a sell off, infact if Nifty crosses the day's high it would try to do the higher targets.
Pre-Market Levels For 17th April, 2014 Working
Trade the levels, Charts can adjust
Nifty Future
6773-6777 Huge Resistance
6750-6758 Stiff Resistance
6735-6739 Strength Above
6722-6725 Key
6714 Support / Weak Below
6684-6689 Support
6659-6664 Buy All / Sell All below
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6699.30 Target1 - 6716 Target2 6734 Target3 - 6744 Target4 - 6771 Target5 - 6772 Target6 - 6790 Target7 - 6808 S/L 6695.30-(aggr) /6678.85-(Cons)
OR
Buy Closer to or C.O Above 6660.40 Target1 - 6695-6699 Target2 - 6716 Target3 6734 Target4 - 6744 Target5 - 6771 Target6 - 6772 Target7 - 6790 Target8 - 6808 S/L 6660.40 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6695.30 Target1 - 6679 Target2 - 6660 Target3 - 6650 Target4 - 6624 Target5 - 6622 Target6 - 6605 Target7 - 6587 S/L 6699.31-(aggr) /6715.75-(Cons)
OR
Sell Closer to or C.O Below 6734.20 Target1 - 6699.30-6695 Target2 - 6679 Target3 - 6660 Target4 - 6650 Target5 - 6624 Target6 - 6622 Target7 - 6605 Target8 - 6587 S/L 6734.20 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
12742-12811 Sell All
12685-12735 Strength Above / Strong Resistance
12659 Key
12614-12639 Buy Zone
12489-12551 Very Strong Support / Sell All Below
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12607.65 Target1 - 12623 Target2 12651 Target3 - 12679 Target4 - 12728 Target5 - 12852 Target6 - 12914 Target7 - 12976 S/L 12600.10-(aggr) /12541.80-(Cons)
OR
Buy Closer to or C.O Above 12479.72 Target1 - 12600-12608 Target2 - 12623 Target3 12651 Target4 - 12679 Target5 - 12728 Target6 - 12852 Target7 - 12914 Target8 - 12976 S/L 12479.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12600.10 Target1 - 12585 Target2 - 12557 Target3 - 12529 Target4 - 12480 Target5 - 12356 Target6 - 12294 Target7 - 12231 S/L 12607.65-(aggr) /12665.90-(Cons)
OR
Sell Closer to or C.O Below 12728 Target1 - 12608-12600 Target2 - 12585 Target3 - 12557 Target4 - 12529 Target5 - 12480 Target6 - 12356 Target7 - 12294 Target8 - 12231 S/L 12728.00 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Nifty Future
6773-6777 Huge Resistance
6750-6758 Stiff Resistance
6735-6739 Strength Above
6722-6725 Key
6714 Support / Weak Below
6684-6689 Support
6659-6664 Buy All / Sell All below
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6699.30 Target1 - 6716 Target2 6734 Target3 - 6744 Target4 - 6771 Target5 - 6772 Target6 - 6790 Target7 - 6808 S/L 6695.30-(aggr) /6678.85-(Cons)
OR
Buy Closer to or C.O Above 6660.40 Target1 - 6695-6699 Target2 - 6716 Target3 6734 Target4 - 6744 Target5 - 6771 Target6 - 6772 Target7 - 6790 Target8 - 6808 S/L 6660.40 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6695.30 Target1 - 6679 Target2 - 6660 Target3 - 6650 Target4 - 6624 Target5 - 6622 Target6 - 6605 Target7 - 6587 S/L 6699.31-(aggr) /6715.75-(Cons)
OR
Sell Closer to or C.O Below 6734.20 Target1 - 6699.30-6695 Target2 - 6679 Target3 - 6660 Target4 - 6650 Target5 - 6624 Target6 - 6622 Target7 - 6605 Target8 - 6587 S/L 6734.20 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
12742-12811 Sell All
12685-12735 Strength Above / Strong Resistance
12659 Key
12614-12639 Buy Zone
12489-12551 Very Strong Support / Sell All Below
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12607.65 Target1 - 12623 Target2 12651 Target3 - 12679 Target4 - 12728 Target5 - 12852 Target6 - 12914 Target7 - 12976 S/L 12600.10-(aggr) /12541.80-(Cons)
OR
Buy Closer to or C.O Above 12479.72 Target1 - 12600-12608 Target2 - 12623 Target3 12651 Target4 - 12679 Target5 - 12728 Target6 - 12852 Target7 - 12914 Target8 - 12976 S/L 12479.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12600.10 Target1 - 12585 Target2 - 12557 Target3 - 12529 Target4 - 12480 Target5 - 12356 Target6 - 12294 Target7 - 12231 S/L 12607.65-(aggr) /12665.90-(Cons)
OR
Sell Closer to or C.O Below 12728 Target1 - 12608-12600 Target2 - 12585 Target3 - 12557 Target4 - 12529 Target5 - 12480 Target6 - 12356 Target7 - 12294 Target8 - 12231 S/L 12728.00 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Wednesday, April 16, 2014
Extracting Triangle Probability in Nifty Spot
Probably we are in d-leg of the extracting traingle after which the e-leg will again go towards 6800.
The e-leg has to be less than 168.65 points. Preferably between 104 - 135 points.
Nifty Spot Hourly Chart
Mark the down-trending channel and any dip below 6692 Nifty Spot will suggest forthcoming weakness. Making a new higher high without breaking 6692 will deviate the assumptions.
Tuesday, April 15, 2014
Pre-Market Levels For 15th April, 2014 Working
Trade the levels, Charts can adjust
Nifty Future
6857-6862 Big Sell Zone
6845-6849 Strong Resistance / Buy More Above
6830-6842 Sell Zone / Buy More Above
6817-6826 Resistance / Buy More Above
6804-6813 Real Strength Above
6785-6795 Strength Above
6780 Key
6761-6768 Strong Support / Real Weakness below
6757 Sell Below
6733-6748 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6805.55 Target1 - 6822 Target2 6836 Target3 - 6850 Target4 - 6868 Target5 - 6879 Target6 - 6884 Target7 - 6901 S/L 6801.55-(aggr) /6787.40-(Cons)
OR
Buy Closer to or C.O Above 6771.20 Target1 - 6802-6806 Target2 - 6822 Target3 6836 Target4 - 6850 Target5 - 6868 Target6 - 6879 Target7 - 6884 Target8 - 6901 S/L 6771.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6801.55 Target1 - 6785 Target2 - 6771 Target3 - 6757 Target4 - 6739 Target5 - 6729 Target6 - 6723 Target7 - 6707 S/L 6805.55-(aggr) /6819.70-(Cons)
OR
Sell Closer to or C.O Below 6835.90 Target1 - 6805.56-6802 Target2 - 6785 Target3 - 6771 Target4 - 6757 Target5 - 6739 Target6 - 6729 Target7 - 6723 Target8 - 6707 S/L 6835.90 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13183-13283 Stiff Resistance
13040-13137 Sell All
13009 Resistance
12902-12970 Resistance / Real Weakness Below
12832 Key
12742-12795 Support Zone
12586-12643 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12911.26 Target1 - 12926 Target2 12954 Target3 - 12982 Target4 - 13031 Target5 - 13154 Target6 - 13216 Target7 - 13278 S/L 12903.64-(aggr) /12845.77-(Cons)
OR
Buy Closer to or C.O Above 12784.10 Target1 - 12904-12911 Target2 - 12926 Target3 12954 Target4 - 12982 Target5 - 13031 Target6 - 13154 Target7 - 13216 Target8 - 13278 S/L 12784.10 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12903.65 Target1 - 12889 Target2 - 12861 Target3 - 12832 Target4 - 12784 Target5 - 12661 Target6 - 12599 Target7 - 12537 S/L 12911.25-(aggr) /12969.15-(Cons)
OR
Sell Closer to or C.O Below 13030.80 Target1 - 12911.26-12904 Target2 - 12889 Target3 - 12861 Target4 - 12832 Target5 - 12784 Target6 - 12661 Target7 - 12599 Target8 - 12537 S/L 13030.80 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Nifty Future
6857-6862 Big Sell Zone
6845-6849 Strong Resistance / Buy More Above
6830-6842 Sell Zone / Buy More Above
6817-6826 Resistance / Buy More Above
6804-6813 Real Strength Above
6785-6795 Strength Above
6780 Key
6761-6768 Strong Support / Real Weakness below
6757 Sell Below
6733-6748 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6805.55 Target1 - 6822 Target2 6836 Target3 - 6850 Target4 - 6868 Target5 - 6879 Target6 - 6884 Target7 - 6901 S/L 6801.55-(aggr) /6787.40-(Cons)
OR
Buy Closer to or C.O Above 6771.20 Target1 - 6802-6806 Target2 - 6822 Target3 6836 Target4 - 6850 Target5 - 6868 Target6 - 6879 Target7 - 6884 Target8 - 6901 S/L 6771.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6801.55 Target1 - 6785 Target2 - 6771 Target3 - 6757 Target4 - 6739 Target5 - 6729 Target6 - 6723 Target7 - 6707 S/L 6805.55-(aggr) /6819.70-(Cons)
OR
Sell Closer to or C.O Below 6835.90 Target1 - 6805.56-6802 Target2 - 6785 Target3 - 6771 Target4 - 6757 Target5 - 6739 Target6 - 6729 Target7 - 6723 Target8 - 6707 S/L 6835.90 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13183-13283 Stiff Resistance
13040-13137 Sell All
13009 Resistance
12902-12970 Resistance / Real Weakness Below
12832 Key
12742-12795 Support Zone
12586-12643 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12911.26 Target1 - 12926 Target2 12954 Target3 - 12982 Target4 - 13031 Target5 - 13154 Target6 - 13216 Target7 - 13278 S/L 12903.64-(aggr) /12845.77-(Cons)
OR
Buy Closer to or C.O Above 12784.10 Target1 - 12904-12911 Target2 - 12926 Target3 12954 Target4 - 12982 Target5 - 13031 Target6 - 13154 Target7 - 13216 Target8 - 13278 S/L 12784.10 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12903.65 Target1 - 12889 Target2 - 12861 Target3 - 12832 Target4 - 12784 Target5 - 12661 Target6 - 12599 Target7 - 12537 S/L 12911.25-(aggr) /12969.15-(Cons)
OR
Sell Closer to or C.O Below 13030.80 Target1 - 12911.26-12904 Target2 - 12889 Target3 - 12861 Target4 - 12832 Target5 - 12784 Target6 - 12661 Target7 - 12599 Target8 - 12537 S/L 13030.80 or Day' High
-------------------------------------------------------------------------------------------------------------------------
Call for the Day on CNX-IT Future 1 Month
CNX IT - 1 MONTH
Buy Above or Closer to 9360.90 Target1 - 9377 Target2 9405 Target3 - 9425 Target4 - 9433 Target5 - 9492 Target6 - 9526 Target7 - 9559 S/L 9355.40-(aggr) /9324.70 -(Cons)
OR
Buy Closer to or C.O Above 9291.20 Target1 - 9355-9361 Target2 - 9377 Target3 9405 Target4 - 9425 Target5 - 9433 Target6 - 9492 Target7 - 9526 Target8 - 9559 S/L 9291.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 9355.39 Target1 - 9339 Target2 - 9311 Target3 - 9291 Target4 - 9283 Target5 - 9224 Target6 - 9191 Target7 - 9157 S/L 9360.91-(aggr) /9391.62-(Cons)
OR
Sell Closer to or C.O Below 9425.10 Target1 - 9360.91-9355 Target2 - 9339 Target3 - 9311 Target4 - 9291 Target5 - 9283 Target6 - 9224 Target7 - 9191 Target8 - 9157 S/L 9425.10 or Day' High
Buy Above or Closer to 9360.90 Target1 - 9377 Target2 9405 Target3 - 9425 Target4 - 9433 Target5 - 9492 Target6 - 9526 Target7 - 9559 S/L 9355.40-(aggr) /9324.70 -(Cons)
OR
Buy Closer to or C.O Above 9291.20 Target1 - 9355-9361 Target2 - 9377 Target3 9405 Target4 - 9425 Target5 - 9433 Target6 - 9492 Target7 - 9526 Target8 - 9559 S/L 9291.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 9355.39 Target1 - 9339 Target2 - 9311 Target3 - 9291 Target4 - 9283 Target5 - 9224 Target6 - 9191 Target7 - 9157 S/L 9360.91-(aggr) /9391.62-(Cons)
OR
Sell Closer to or C.O Below 9425.10 Target1 - 9360.91-9355 Target2 - 9339 Target3 - 9311 Target4 - 9291 Target5 - 9283 Target6 - 9224 Target7 - 9191 Target8 - 9157 S/L 9425.10 or Day' High
Monday, April 14, 2014
Sunday, April 13, 2014
Friday, April 11, 2014
Pre-Market Levels For 11th April, 2014 Working
Trade the levels, Charts can adjust
Nifty Future
6882 Sell All
6860-6864 Sell Zone / 6864 - Week T2
6847-6654 Stiff Resistance
6830-6840 Strong Resistance
6825 Long Above / Short Below
6810 Weak Below
6800-6806 Strong Support
6789-6792 Stronger Support
6761-6774 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6827.10 Target1 - 6844 Target2 6856 Target3 - 6872 Target4 - 6888 Target5 - 6900 Target6 - 6903 Target7 - 6919 S/L 6823.05-(aggr) /6809.35-(Cons)
OR
Buy Closer to or C.O Above 6793.65 Target1 - 6827 Target2 - 6844 Target3 6856 Target4 - 6872 Target5 - 6888 Target6 - 6900 Target7 - 6903 Target8 - 6919 S/L 6793.65
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6823.05 Target1 - 6806 Target2 - 6794 Target3 - 6778 Target4 - 6762 Target5 - 6750 Target6 - 6747 Target7 - 6731 S/L 6827.05-(aggr) /6840.75-(Cons)
OR
Sell Closer to or C.O Below 6856.40 Target1 - 6823 Target2 - 6806 Target3 - 6794 Target4 - 6778 Target5 - 6762 Target6 - 6750 Target7 - 6747 Target8 - 6731 S/L 6856.40
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13235-13259 Month T3 / Sell All
13098-13167 Stiff Resistance
13063 Resistance
12938-13028 Support Zone
12842-12880 Support
12747-12807 Buy All / Weak Below / Crucial
12688-12733 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13009.78 Target1 - 13025 Target2 13053 Target3 - 13081 Target4 - 13125 Target5 - 13243 Target6 - 13302 Target7 - 13362 S/L 13002.12-(aggr) /12946.67-(Cons)
OR
Buy Closer to or C.O Above 12887.39 Target1 - 13010 Target2 - 13025 Target3 13053 Target4 - 13081 Target5 - 13125 Target6 - 13243 Target7 - 13302 Target8 - 13362 S/L 12887.39
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13002.12 Target1 - 12987 Target2 - 12959 Target3 - 12931 Target4 - 12887 Target5 - 12769 Target6 - 12710 Target7 - 12650 S/L 13009.78-(aggr) /13065.23-(Cons)
OR
Sell Closer to or C.O Below 13124.51 Target1 - 13002 Target2 - 12987 Target3 - 12959 Target4 - 12931 Target5 - 12887 Target6 - 12769 Target7 - 12710 Target8 - 12650 S/L 13124.51
-------------------------------------------------------------------------------------------------------------------------
Nifty Future
6882 Sell All
6860-6864 Sell Zone / 6864 - Week T2
6847-6654 Stiff Resistance
6830-6840 Strong Resistance
6825 Long Above / Short Below
6810 Weak Below
6800-6806 Strong Support
6789-6792 Stronger Support
6761-6774 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6827.10 Target1 - 6844 Target2 6856 Target3 - 6872 Target4 - 6888 Target5 - 6900 Target6 - 6903 Target7 - 6919 S/L 6823.05-(aggr) /6809.35-(Cons)
OR
Buy Closer to or C.O Above 6793.65 Target1 - 6827 Target2 - 6844 Target3 6856 Target4 - 6872 Target5 - 6888 Target6 - 6900 Target7 - 6903 Target8 - 6919 S/L 6793.65
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6823.05 Target1 - 6806 Target2 - 6794 Target3 - 6778 Target4 - 6762 Target5 - 6750 Target6 - 6747 Target7 - 6731 S/L 6827.05-(aggr) /6840.75-(Cons)
OR
Sell Closer to or C.O Below 6856.40 Target1 - 6823 Target2 - 6806 Target3 - 6794 Target4 - 6778 Target5 - 6762 Target6 - 6750 Target7 - 6747 Target8 - 6731 S/L 6856.40
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
13235-13259 Month T3 / Sell All
13098-13167 Stiff Resistance
13063 Resistance
12938-13028 Support Zone
12842-12880 Support
12747-12807 Buy All / Weak Below / Crucial
12688-12733 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13009.78 Target1 - 13025 Target2 13053 Target3 - 13081 Target4 - 13125 Target5 - 13243 Target6 - 13302 Target7 - 13362 S/L 13002.12-(aggr) /12946.67-(Cons)
OR
Buy Closer to or C.O Above 12887.39 Target1 - 13010 Target2 - 13025 Target3 13053 Target4 - 13081 Target5 - 13125 Target6 - 13243 Target7 - 13302 Target8 - 13362 S/L 12887.39
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13002.12 Target1 - 12987 Target2 - 12959 Target3 - 12931 Target4 - 12887 Target5 - 12769 Target6 - 12710 Target7 - 12650 S/L 13009.78-(aggr) /13065.23-(Cons)
OR
Sell Closer to or C.O Below 13124.51 Target1 - 13002 Target2 - 12987 Target3 - 12959 Target4 - 12931 Target5 - 12887 Target6 - 12769 Target7 - 12710 Target8 - 12650 S/L 13124.51
-------------------------------------------------------------------------------------------------------------------------
Today Being NR4/NR7 Day, the following becomes applicable
For Nifty Spot
Target
Buy > 6,821 6,886
Sell < 6,775 6,711
Target
Buy > 6,821 6,886
Sell < 6,775 6,711
Thursday, April 10, 2014
Update
Price behavior as expected. Nifty somewhat paused. Lot of time left for this leg of up-move which is on as long as price holds above 6725.15 Nifty Spot. Last hour selling was heavy, hence friday also there may be some consolidation expected. Important thing to note that is Nifty closing should not be below 6777.3 tomorrow to keep the uptrend intact and 6725.15 should hold.
Nifty spot Targets pending are :
Target 2 - 6881 / 6687
Target 1 - 6833
We got an NR day today NR4 and NR7. Hence tomorrow also there is a probability of one more NR day.
Nifty spot Targets pending are :
Target 2 - 6881 / 6687
Target 1 - 6833
We got an NR day today NR4 and NR7. Hence tomorrow also there is a probability of one more NR day.
Monitor Nifty Future
Either 6805 or 6866 likely today, 6835.5 being the Pivot.
6805 - 6821 - 6835.50 - 6850 - 6866
6805 - 6821 - 6835.50 - 6850 - 6866
Update on Nifty Spot
As par calculations Nifty will take 4.5 to 7 days plus for achieving the mentioned spot targets. It has moved very fast to the first Target (6798) and has almost reached near second target (6833) in 1 days Plus. Unless it is doing something else some time spending is needed without much of price. Therefore even if Nifty achieves the 2nd target soon it may have to pause a while thereafter.
Pre-Market Levels For 10th April, 2014 Working
Trade the levels, Charts can adjust
Nifty Future
6863-6872 Sell All / 6864 - Week T2
6854 Month T2
6847-6850 Strong Resistance / Sell Zone
6807-6810 Support
6791-6801 Support / Buy Zone
6774-6784 Big Support / Buy Zone
6764-6770 Buy All / Sell Below
Banknifty Future
13259 Month T3 / Sell All
13144-13175 Sell Zone
13054-13113 Strong Resistance / 13064 - Month T2
12940-12997 Support
12839-12901 Weak Below
12733-12780 Buy Zone
12643-12698 Buy All
Nifty Future
6863-6872 Sell All / 6864 - Week T2
6854 Month T2
6847-6850 Strong Resistance / Sell Zone
6807-6810 Support
6791-6801 Support / Buy Zone
6774-6784 Big Support / Buy Zone
6764-6770 Buy All / Sell Below
Banknifty Future
13259 Month T3 / Sell All
13144-13175 Sell Zone
13054-13113 Strong Resistance / 13064 - Month T2
12940-12997 Support
12839-12901 Weak Below
12733-12780 Buy Zone
12643-12698 Buy All
Wednesday, April 9, 2014
Subscribe to:
Posts (Atom)