Friday, May 23, 2014
Watch out for the below call if time remains +/- 5-10 Points allowed
Buy Above or Closer to 7295.70 Target1 - 7312.40 Target2 7340.55 Target3 - 7356.10 Target4 - 7368.70 Target5 - 7418.55 Target6 - 7449.80 Target7 - 7481.00 S/L 7291.70-(aggr) /7262.50-(Cons)
Update
50% profit booking after 20 points fall , 25% more after 30-35 points fall and balance at 50 points fall or Break of S/L 7356.15.
Update
Now another selling level has come :
Sell Closer to or C.O Below 7356.15 Target1 - 7295.70-7291.70 S/L Day High (is Little too High) or 7386
Sell Closer to or C.O Below 7356.15 Target1 - 7295.70-7291.70 S/L Day High (is Little too High) or 7386
Update on Nifty Future
Weakness below 7356. If Nifty opens above Target1 and takes support near it one can initiate long there itself with Buy Above or Closer to Level as Stop Loss.
Pre-Market Levels For 23rd 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
Nifty Future
7373-7386 Sell All
7362 Resistance
7351 -7356 Sell Zone / Stiff Resistance/ Buy
More Above
7296 - 7301 Support Zone
7283 - 7292 Buying Support /Sell Below
7258 - 7263 Buy Zone / Sell Below
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Buy Above or Closer to 7295.70 Target1 - 7312.40 Target2 7340.55 Target3 - 7356.10 Target4 - 7368.70 Target5 - 7418.55 Target6 - 7449.80 Target7 - 7481.00 S/L 7291.70-(aggr) /7262.50-(Cons)
OR
Buy Closer to or C.O Above 7231.25 Target1 - 7291.70-7295.70 Target2 - 7312.40 Target3 7340.55 Target4 - 7356.10 Target5 - 7368.70 Target6 - 7418.55 Target7 - 7449.80 Target8 - 7481.00 S/L 7231.25 or Day's Low
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Sell Below or Closer to 7291.70 Target1 - 7275.00 Target2 - 7246.90 Target3 - 7231.27 Target4 - 7218.70 Target5 - 7168.85 Target6 - 7137.60 Target7 - 7106.40 S/L 7295.70-(aggr) /7324.90-(Cons)
OR
Sell Closer to or C.O Below 7356.15 Target1 - 7295.70-7291.70 Target2 - 7275.00 Target3 - 7246.90 Target4 - 7231.25 Target5 - 7218.70 Target6 - 7168.85 Target7 - 7137.60 Target8 - 7106.40 S/L 7356.15 or Day's High
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Banknifty Future
15609 Week T1
15452-15522 Stiff Resistance
15082-15126 Big Support
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Buy Above or Closer to 15124.55 Target1 - 15139.10 Target2 15167.25 Target3 - 15195.40 Target4 - 15322.55 Target5 - 15524.70 Target6 - 15625.75 Target7 - 15726.85 S/L 15116.25-(aggr) /15019.35-(Cons)
OR
Buy Closer to or C.O Above 14918.25 Target1 - 15116.25-15124.55 Target2 - 15139.10 Target3 15167.25 Target4 - 15195.40 Target5 - 15322.55 Target6 - 15524.70 Target7 - 15625.75 Target8 - 15726.85 S/L 14918.25 or Day's Low
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Sell Below or Closer to 15116.25 Target1 - 15101.70 Target2 - 15073.60 Target3 - 15045.40 Target4 - 14918.25 Target5 - 14716.10 Target6 - 14615.05 Target7 - 14513.95 S/L 15124.55-(aggr) /15221.50-(Cons)
OR
Sell Closer to or C.O Below 15322.55 Target1 - 15124.55-15116.25 Target2 - 15101.70 Target3 - 15073.60 Target4 - 15045.40 Target5 - 14918.25 Target6 - 14716.10 Target7 - 14615.05 Target8 - 14513.95 S/L 15322.55 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
Nifty Future
7373-7386 Sell All
7362 Resistance
7351 -7356 Sell Zone / Stiff Resistance/ Buy
More Above
7296 - 7301 Support Zone
7283 - 7292 Buying Support /Sell Below
7258 - 7263 Buy Zone / Sell Below
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Buy Above or Closer to 7295.70 Target1 - 7312.40 Target2 7340.55 Target3 - 7356.10 Target4 - 7368.70 Target5 - 7418.55 Target6 - 7449.80 Target7 - 7481.00 S/L 7291.70-(aggr) /7262.50-(Cons)
OR
Buy Closer to or C.O Above 7231.25 Target1 - 7291.70-7295.70 Target2 - 7312.40 Target3 7340.55 Target4 - 7356.10 Target5 - 7368.70 Target6 - 7418.55 Target7 - 7449.80 Target8 - 7481.00 S/L 7231.25 or Day's Low
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Sell Below or Closer to 7291.70 Target1 - 7275.00 Target2 - 7246.90 Target3 - 7231.27 Target4 - 7218.70 Target5 - 7168.85 Target6 - 7137.60 Target7 - 7106.40 S/L 7295.70-(aggr) /7324.90-(Cons)
OR
Sell Closer to or C.O Below 7356.15 Target1 - 7295.70-7291.70 Target2 - 7275.00 Target3 - 7246.90 Target4 - 7231.25 Target5 - 7218.70 Target6 - 7168.85 Target7 - 7137.60 Target8 - 7106.40 S/L 7356.15 or Day's High
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Banknifty Future
15609 Week T1
15452-15522 Stiff Resistance
15082-15126 Big Support
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Buy Above or Closer to 15124.55 Target1 - 15139.10 Target2 15167.25 Target3 - 15195.40 Target4 - 15322.55 Target5 - 15524.70 Target6 - 15625.75 Target7 - 15726.85 S/L 15116.25-(aggr) /15019.35-(Cons)
OR
Buy Closer to or C.O Above 14918.25 Target1 - 15116.25-15124.55 Target2 - 15139.10 Target3 15167.25 Target4 - 15195.40 Target5 - 15322.55 Target6 - 15524.70 Target7 - 15625.75 Target8 - 15726.85 S/L 14918.25 or Day's Low
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Sell Below or Closer to 15116.25 Target1 - 15101.70 Target2 - 15073.60 Target3 - 15045.40 Target4 - 14918.25 Target5 - 14716.10 Target6 - 14615.05 Target7 - 14513.95 S/L 15124.55-(aggr) /15221.50-(Cons)
OR
Sell Closer to or C.O Below 15322.55 Target1 - 15124.55-15116.25 Target2 - 15101.70 Target3 - 15073.60 Target4 - 15045.40 Target5 - 14918.25 Target6 - 14716.10 Target7 - 14615.05 Target8 - 14513.95 S/L 15322.55 or Day's High
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