Friday, May 23, 2014

Update

Now seemingly support development in progress near 7300.

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 on Nifty Future

Holding above 7356.15 will be bullish.

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

Lot of Weakness will come sustaining below 7350 for Nifty Future.

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

Update on Nifty Future

7386 Level Crucial for for holding or Selling Nifty Future.

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.

Update

Unless and until Nifty Future Breaks 7356 we need not worry.

Update on Nifty Future

Bullish if sustains above 7324 only.

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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Update

Commodities Blog Updated with Calls for the day 23rd May, 2014.

Update

Stocks Blog Updated with call for the day 23rd May, 2014.