Wednesday, May 7, 2014

Pre-Market Levels For 7th May, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6854                                                                                Stiff Resistance / Sell All
6836                                                                                Resistance
6812-6817                                                                       Sell Zone / Buy More Above
6789-6796                                                                       Strong Resistance
6775-6785                                                                      Important Resistance 
6766-6770                                                                       Resistance
6757                                                                                Key
6741-6752                                                                       Support / Buy Zone / Weak Below
6724-6736                                                                       Good Support
6700-6710                                                                       Buy All
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Buy Above or Closer to 6748.70 Target1 - 6765  Target2 6785 Target3 - 6794  Target4 - 6822 Target5 - 6823 Target6 - 6842 Target7 - 6861 S/L 6744.70-(aggr) /6727.65-(Cons)
OR
Buy Closer to or C.O Above 6708.60 Target1 - 6745-6749 Target2 - 6765  Target3 6785 Target4 - 6794  Target5 - 6822 Target6 - 6823 Target7 - 6842 Target8 - 6861 S/L 6708.60 or Day's Low  
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Sell Below or Closer to 6744.70 Target1 - 6728  Target2 - 6709  Target3 - 6700 Target4 - 6672 Target5 - 6670 Target6 - 6651 Target7 - 6632 S/L 6748.70-(aggr) /6765.75-(Cons)
OR
Sell Closer to  or C.O Below 6784.80 Target1 - 6749-6745 Target2 - 6728  Target3 - 6709  Target4 - 6700 Target5 - 6672 Target6 - 6670 Target7 - 6651 Target8 - 6632 S/L 6784.80 or Day's High  
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If Ranged then  6724-6729 OR 6740 - 6745 to 6749 - 6754 OR 6780 -6785 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
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Banknifty Future
13340                                                                                Sell All
13174-13249                                                                    Strong Resistance  / Sell Zone
13061-13119                                                                    Stiff Resistance / Strong Above
12978-13028                                                                    Support / Buy Zone
12900-12954                                                                    Strong Buy Zone
12792-12826                                                                    Buy All
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Buy Above or Closer to 13061.30 Target1 - 13076  Target2 13104 Target3 - 13132  Target4 - 13175 Target5 - 13292 Target6 - 13351 Target7 - 13410 S/L 13053.50-(aggr) /12998.70-(Cons)
OR
Buy Closer to or C.O Above 12940.00 Target1 - 13054-13061 Target2 - 13076  Target3 13104 Target4 - 13132  Target5 - 13175 Target6 - 13292 Target7 - 13351 Target8 - 13410 S/L 12940.00 or Day's Low
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Sell Below or Closer to 13053.50 Target1 - 13039  Target2 - 13011  Target3 - 12982 Target4 - 12940 Target5 - 12823 Target6 - 12764 Target7 - 12705 S/L 13061.30-(aggr) /13116.10-(Cons)
OR
Sell Closer to  or C.O Below 13174.80 Target1 - 13061-13054 Target2 - 13039  Target3 - 13011  Target4 - 12982 Target5 - 12940 Target6 - 12823 Target7 - 12764 Target8 - 12705 S/L 13174.80 or Day's High  
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