Wednesday, July 2, 2014

Pre-Market Levels For 2nd July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and unless cleared by gap up it may trouble a lot.
Nifty Future
Weak below 7636 and Strong above 7670.  7606-7615 Main Supports and  7672-7684 (May Support, if Gap up)  and 7734-7752 Main Resistances.   7681 is Key. Day SAR is at 7573.
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Buy Above or Closer to 7664.65 Target1 - 7681.30  Target2 7707.40 Target3 - 7709.50  Target4 - 7737.65 Target5 - 7744.90 Target6 - 7752.20 Target7 - 7774.60 Target8 - 7796.95 S/L 7660.65-(aggr) /7640.25-(Cons)
OR
Buy Closer to or C.O Above 7617.90 Target1 - 7660.65-7664.65 Target2 - 7681.30  Target3 7707.40 Target4 - 7709.50  Target5 - 7737.65 Target6 - 7744.90 Target7 - 7752.20 Target8 - 7774.60 Target9 - 7796.95 S/L 7617.90 or Day's Low 
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Sell Below or Closer to 7660.65 Target1 - 7643.90  Target2 - 7617.90  Target3 - 7615.80 Target4 - 7587.65 Target5 - 7580.40 Target6 - 7573.10 Target7 - 7550.70 Target8 - 7528.35 S/L 7664.65-(aggr) /7685.05-(Cons)
OR
Sell Closer to  or C.O Below 7707.40 Target1 - 7664.65-7660.65 Target2 - 7643.90  Target3 - 7617.90  Target4 - 7615.80 Target5 - 7587.65 Target6 - 7580.40 Target7 - 7573.10 Target8 - 7550.70 Target9 - 7528.35 S/L 7707.40 or Day's High  
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Banknifty Future
Weak below 15378 and Strong above 15445.  15297-15316  Main Supports and  15494 and 15563-15612 Main Resistances.  15371 is Key. Day SAR is at 15245.
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Buy Above or Closer to 15435.70 Target1 - 15450.40  Target2 15478.50 Target3 - 15506.70  Target4 - 15578.20 Target5 - 15651.45 Target6 - 15724.70 Target7 - 15797.95 Target8 - 15871.25 S/L 15427.60-(aggr) /15358.40-(Cons)
OR
Buy Closer to or C.O Above 15285.10 Target1 - 15427.60-15435.70 Target2 - 15450.40  Target3 15478.50 Target4 - 15506.70  Target5 - 15578.20 Target6 - 15651.45 Target7 - 15724.70 Target8 - 15797.95 Target9 - 15871.25 S/L 15285.10 or Day's Low
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Sell Below or Closer to 15427.60 Target1 - 15413.00  Target2 - 15384.80  Target3 - 15356.65 Target4 - 15285.10 Target5 - 15211.85 Target6 - 15138.60 Target7 - 15065.35 Target8 - 14992.05 S/L 15435.70-(aggr) /15504.90-(Cons)
OR
Sell Closer to  or C.O Below 15578.20 Target1 - 15435.70-15427.60 Target2 - 15413.00  Target3 - 15384.80  Target4 - 15356.65 Target5 - 15285.10 Target6 - 15211.85 Target7 - 15138.60 Target8 - 15065.35 Target9 - 14992.05 S/L 15578.20 or Day's High  
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