F&O Cues

F&O Cues Updated.

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 Future Update

6850+ bullish

Update

Probably we may get a NR day today.

Update

Nifty is doing what was expected i.e. consume time without much of price.

Update on Nifty Future

6850 break will be weakness.

Monitor Nifty Future

Either 6805 or 6866 likely today, 6835.5 being the Pivot.

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. 

Update

Call for the day updated in Stocks Blog.

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