Nifty Spot Update

                     Facing resistance at the earlier trend-line which it broke down.

Nifty Spot Update

                               Channel Breakout Happening.

Nifty at Channel Top

          Nifty at Channel Top and breakout of the channel may confirm e-leg .

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

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.

Update on Nifty Spot

Close above 6748 (Prev. Day High) will change the bias to positive.

Update

Falling Wedge giving moves.

Falling Wedge in Nifty Spot Hourly ?

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
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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  
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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  
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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


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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
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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  
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Update

Call for the day 17th April, 2014 Updated in Commodities Blog.

Update

Call for the day 17th April, 2014 updated in Stocks Blog.