Sunday, January 19, 2014

Pre-Market Levels For 20th January , 2014 Working

Nifty Spot [6075  -  6300]
6334                Day Shocker Resistance
6295                Day Bear Stop Loss 
6287-6287      Key Resistance
6280                Strength Above
6261               Day / Month Trend Decider
6239-6243      Week Key Value / Bullish Above / Bearish Below
6228                Day Bull Stop Loss
6197               Week Trend Decider Level

Nifty Future (6134 - 6334 as Par FnO cues)

6351-6369       Sell All
6332-6339       Sell Zone
6310-6322       Stiff Resistance / Sell Zone
6286-6295       Big Resistance
6278                Series Trend Deciding / Fair Value
6267                Strong Above
6254                Weak Below
6231-6237       Good Support
6204-6214       Strong Support / Weak Below
6187                Buy all / Sell All Below
6134               Last  Support
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Banknifty Spot [10599 - 10991]
11284               Month Shocker Level
11098               Week Trend Decider Level
11059               Month Shocker
11008               Day Bear Stop Loss
10962-10973    Key Resistance
10911               Day Trend Decider
10841               Week Shocker / Key Support
10815               Day Bull Stop Loss

Banknifty Future (10702 - 11051  as Par FnO cues)

11296               Buy More Above
11188-11216    Stiff Resistance / Strength Above
11143-11160    Strong Resistance
11093-11113    Resistance
11043-11066    Resistance / Day Shocker Level
10980-11015   Consolidation Area
10879-10929   Big Support
10810              Buy All / Sell All Below
10702              Last Support

Update on Nifty Spot Monthly Chart

Nifty Struggling at the top end of the upper bollinger band last 4 months.  It should be high time to reach the middle towards 5850-5950 range atleast in next couple of Months.

Price Oscillator Divergence is quite apparent.