Monday, May 19, 2014
Update
All intraday calls try booking 50% at Target1 / 25% at Target 2 and Rest at Target3 on a day to day basis and go short / long if after achieving Target 3 if it breaks Target2 or similarly.
Update on Nifty Future
Buy Above or Closer to 7246.40 Target1 - 7263 Target2 7291 Target3 - 7307 Target4 - 7319 Target5 - 7369 Target6 - 7400 Target7 - 7431 S/L 7242.40-(aggr) /7213.25-(Cons)
One would have gone long at the above and target1 and Target2 (almost) achieved.
Prices bounce from the following level given in the Pre-Market Levels
7214-7223 More Weakness Below / Support
Area
Trading may be the only option with 80-140 points trading range minimum basis these days.
One would have gone long at the above and target1 and Target2 (almost) achieved.
Prices bounce from the following level given in the Pre-Market Levels
7214-7223 More Weakness Below / Support
Area
Trading may be the only option with 80-140 points trading range minimum basis these days.
Nifty Future Update
Nifty Future Sell call did reach the first target range 7246-7242. Further selling below 7242.4.
Nifty Future Update
Sell Closer to or C.O Below 7306.70 Target1 - 7246-7242 Target2 - 7226 Target3 - 7198 Target4 - 7182 Target5 - 7169 Target6 - 7120 Target7 - 7089 Target8 - 7057 S/L 7306.70 or Day's High .
This call is active now go long only above 6320 or near the other mentioned buy calls.
This call is active now go long only above 6320 or near the other mentioned buy calls.
Pre-Market Levels For 19th May, 2014 Working
Trade the levels, Charts can adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Fast and Big Moves Expected Nifty Future
7570 Sell All
7513-7526 Stiff Resistance
7402-7438 Sell Zone
7332-7354 Strong Resistance / Sell Zone
7308-7311 Weak Below
7275-7287 Long Above / Short Below
7214-7223 More Weakness Below / Support
Area
7173-7198 Strong Support / More Weakness
Below
7138-7142 Buy Zone
7110 Buy All
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Buy Above or Closer to 7246.40 Target1 - 7263 Target2 7291 Target3 - 7307 Target4 - 7319 Target5 - 7369 Target6 - 7400 Target7 - 7431 S/L 7242.40-(aggr) /7213.25-(Cons)
OR
Buy Closer to or C.O Above 7182.10 Target1 - 7242-7246 Target2 - 7263 Target3 7291 Target4 - 7307 Target5 - 7319 Target6 - 7369 Target7 - 7400 Target8 - 7431 S/L 7182.10 or Day's Low
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Sell Below or Closer to 7242.40 Target1 - 7226 Target2 - 7198 Target3 - 7182 Target4 - 7169 Target5 - 7120 Target6 - 7089 Target7 - 7057 S/L 7246.40-(aggr) /7275.55-(Cons)
OR
Sell Closer to or C.O Below 7306.70 Target1 - 7246-7242 Target2 - 7226 Target3 - 7198 Target4 - 7182 Target5 - 7169 Target6 - 7120 Target7 - 7089 Target8 - 7057 S/L 7306.70 or Day's High
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If Ranged then 7209 - 7214 / 7237 - 7242 to 7302 -7307 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
Banknifty Future
15737 Sell All
15414-15470 Stiff Resistance
15275-15345 Weakness Below / Buy more Above
15082-15148 Resistance Zone
14953-14957 Sell Area Below
14824-14885 Support Zone
14702-14763 Weak Below
14592-14641 Support
14265-14306 Big Support / Buy Zone
14196-14225 More Weakness Below / Major Buy
Area
14025 Buy All
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Buy Above or Closer to 14951.95 Target1 - 14966 Target2 14995 Target3 - 15023 Target4 - 15142 Target5 - 15337 Target6 - 15434 Target7 - 15531 S/L 14943.65-(aggr) /14850.55-(Cons)
OR
Buy Closer to or C.O Above 14753.30 Target1 - 14944-14952 Target2 - 14966 Target3 14995 Target4 - 15023 Target5 - 15142 Target6 - 15337 Target7 - 15434 Target8 - 15531 S/L 14753.30 or Day's Low
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Sell Below or Closer to 14943.65 Target1 - 14929 Target2 - 14901 Target3 - 14873 Target4 - 14753 Target5 - 14559 Target6 - 14462 Target7 - 14364 S/L 14951.95-(aggr) /15045.05-(Cons)
OR
Sell Closer to or C.O Below 15142.30 Target1 - 14952-14944 Target2 - 14929 Target3 - 14901 Target4 - 14873 Target5 - 14753 Target6 - 14559 Target7 - 14462 Target8 - 14364 S/L 15142.30 or Day's High
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For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Fast and Big Moves Expected Nifty Future
7570 Sell All
7513-7526 Stiff Resistance
7402-7438 Sell Zone
7332-7354 Strong Resistance / Sell Zone
7308-7311 Weak Below
7275-7287 Long Above / Short Below
7214-7223 More Weakness Below / Support
Area
7173-7198 Strong Support / More Weakness
Below
7138-7142 Buy Zone
7110 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7246.40 Target1 - 7263 Target2 7291 Target3 - 7307 Target4 - 7319 Target5 - 7369 Target6 - 7400 Target7 - 7431 S/L 7242.40-(aggr) /7213.25-(Cons)
OR
Buy Closer to or C.O Above 7182.10 Target1 - 7242-7246 Target2 - 7263 Target3 7291 Target4 - 7307 Target5 - 7319 Target6 - 7369 Target7 - 7400 Target8 - 7431 S/L 7182.10 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7242.40 Target1 - 7226 Target2 - 7198 Target3 - 7182 Target4 - 7169 Target5 - 7120 Target6 - 7089 Target7 - 7057 S/L 7246.40-(aggr) /7275.55-(Cons)
OR
Sell Closer to or C.O Below 7306.70 Target1 - 7246-7242 Target2 - 7226 Target3 - 7198 Target4 - 7182 Target5 - 7169 Target6 - 7120 Target7 - 7089 Target8 - 7057 S/L 7306.70 or Day's High
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 7209 - 7214 / 7237 - 7242 to 7302 -7307 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
Banknifty Future
15737 Sell All
15414-15470 Stiff Resistance
15275-15345 Weakness Below / Buy more Above
15082-15148 Resistance Zone
14953-14957 Sell Area Below
14824-14885 Support Zone
14702-14763 Weak Below
14592-14641 Support
14265-14306 Big Support / Buy Zone
14196-14225 More Weakness Below / Major Buy
Area
14025 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 14951.95 Target1 - 14966 Target2 14995 Target3 - 15023 Target4 - 15142 Target5 - 15337 Target6 - 15434 Target7 - 15531 S/L 14943.65-(aggr) /14850.55-(Cons)
OR
Buy Closer to or C.O Above 14753.30 Target1 - 14944-14952 Target2 - 14966 Target3 14995 Target4 - 15023 Target5 - 15142 Target6 - 15337 Target7 - 15434 Target8 - 15531 S/L 14753.30 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 14943.65 Target1 - 14929 Target2 - 14901 Target3 - 14873 Target4 - 14753 Target5 - 14559 Target6 - 14462 Target7 - 14364 S/L 14951.95-(aggr) /15045.05-(Cons)
OR
Sell Closer to or C.O Below 15142.30 Target1 - 14952-14944 Target2 - 14929 Target3 - 14901 Target4 - 14873 Target5 - 14753 Target6 - 14559 Target7 - 14462 Target8 - 14364 S/L 15142.30 or Day's High
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Update on Nifty Spot
g-leg completed or not will be confirmed only after a move below f-leg low i.e. around 7080 area of Nifty spot otherwise g-leg is likely to be a flat or a triangle.
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