Update

Weakness continuing and  no bias change i.e. still in Downtrend.  6700 (-) EOD closing in Nifty Future may bring in more selling.

Update on Nifty Spot

6737.65+ EOD closing will give bias change for Nifty Spot.

Pre-Market Levels For 5th 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
6842-6848                                                                        Stiff Resistance / Sell All
6807-6815                                                                        Big Resistance
6785-6795                                                                        Sell Zone
6768-6775                                                                        Resistance
6752-6759                                                                        Key Zone
6735-6745                                                                        Strength Above
6718-6724                                                                        Support Zone 
6692-6702                                                                        Strong Support / Weak Below
6683-6687                                                                        Good Support
6639-6649                                                                        Buy All

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Buy Above or Closer to 6728.70 Target1 - 6745  Target2 6766 Target3 - 6774  Target4 - 6802 Target5 - 6806 Target6 - 6826 Target7 - 6846 S/L 6724.70-(aggr) /6706.80-(Cons)
OR
Buy Closer to or C.O Above 6686.95 Target1 - 6725-6729 Target2 - 6745  Target3 6766 Target4 - 6774  Target5 - 6802 Target6 - 6806 Target7 - 6826 Target8 - 6846 S/L 6686.95 or Day's Low
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Sell Below or Closer to 6724.70 Target1 - 6708  Target2 - 6687  Target3 - 6680 Target4 - 6652 Target5 - 6647 Target6 - 6627 Target7 - 6607 S/L 6728.70-(aggr) /6746.60-(Cons)
OR
Sell Closer to  or C.O Below 6766.45 Target1 - 6729-6725 Target2 - 6708  Target3 - 6687  Target4 - 6680 Target5 - 6652 Target6 - 6647 Target7 - 6627 Target8 - 6607 S/L 6766.45 or Day's High  
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If Ranged then  6703 - 6708 to 6729 - 6734 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then  6720 - 6725 to 6761 -6766 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour

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Banknifty Future
13215-13243                                                                     Strong Resistance
13105-13118                                                                     Resistance / Strength Above
12898-12968                                                                     Support Zone / Vital zone
12799                                                                                Weak Below
12619-12651                                                                     Buy All

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Buy Above or Closer to 12937.90 Target1 - 12953  Target2 12981 Target3 - 13009  Target4 - 13062 Target5 - 13189 Target6 - 13253 Target7 - 13317 S/L 12930.20-(aggr) /12870.25-(Cons)
OR
Buy Closer to or C.O Above 12806.50 Target1 - 12930-12938 Target2 - 12953  Target3 12981 Target4 - 13009  Target5 - 13062 Target6 - 13189 Target7 - 13253 Target8 - 13317 S/L 12806.50 or Day's Low
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Sell Below or Closer to 12930.19 Target1 - 12915  Target2 - 12887  Target3 - 12859 Target4 - 12806 Target5 - 12679 Target6 - 12615 Target7 - 12551 S/L 12937.90-(aggr) /12997.85-(Cons)
OR
Sell Closer to  or C.O Below 13061.61 Target1 - 12938-12930 Target2 - 12915  Target3 - 12887  Target4 - 12859 Target5 - 12806 Target6 - 12679 Target7 - 12615 Target8 - 12551 S/L 13061.60 or Day's High  
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Update

Calls for the day updated in Stocks and Commodities Blog.