Update

Working out to be an NR4/NR7 and NR14 day. Tomorrow or day after there should be a decisive sharp move.

* NR - Narrow Range Day

Update

Exit the Nifty Shorts for the day cmp 7329.

Call For Nifty Future

Short Nifty Future positionally for 7250-60 tomorrow S/L 7350 CMP 7325.

Update

Sell Below or Closer to 7318.10 Target1 - 7301.40  Target2 - 7273.30 S/L 6331

Update on Nifty Future

Naer Target1 7338 gave another exit opportunity now.

Update

Looks a roll over and boring day on card. Action, if any, may be towards EOD or tomorrow?

Update

See Red? Caution for Longs.

Update

On volatile day's aggressive S/L's may get hit sometimes. Book 50% near Target1 (7338.8 ) again or 100% at S/L.

Update on Nifty Future

7331 Plus some stregth may come at Nifty Future. Hope all got long at cross of 7322.1 now 7344.4 (Day's High) is vital for the day.

Update

Not showing weakness yet in terms of level. As par rule we booked 50% at Target1 at 7338.8 and our S/L is 7318.1 for the rest. Nifty has left a small gap at open and may try to fill the gap. If after hitting aggressive S/L if it still goes down and come up again above 7322.1 we may look to long Nifty again.

Update

7324 will be key for Nifty Future this Week.

Update on Nifty Future

Buy call got activated and reached first Target already.

Pre-Market Levels For 28th 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 (7243-7284-7324-7348 Watch out)
7386 - 7391                                                                                         Big Resistance
7377                                                                                                    Sell Zone
7362                                                                                                    Strong Above
7322 - 7331                                                                                         Weak Below / Strong above
7313 - 7318                                                                                         Weaker below
7281 - 7286                                                                                         Much Weakness below
7262                                                                                                    Strong Support / Sell All 
7245-7249                                                                                          Buy Zone / Sell More Below 
7200                                                                                                  Strong Support / Buy Zone
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Buy Above or Closer to 7322.10 Target1 - 7338.80  Target2 7366.95 Target3 - 7391.10  Target4 - 7395.10 Target5 - 7462.05 Target6 - 7497.55 Target7 - 7533.05 S/L 7318.10-(aggr) /7284.60-(Cons)
OR
Buy Closer to or C.O Above 7249.10 Target1 - 7318.10-7322.10 Target2 - 7338.80  Target3 7366.95 Target4 - 7391.10  Target5 - 7395.10 Target6 - 7462.05 Target7 - 7497.55 Target8 - 7533.05 S/L 7249.10 or Day's Low 
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Sell Below or Closer to 7318.10 Target1 - 7301.40  Target2 - 7273.30  Target3 - 7249.10 Target4 - 7245.10 Target5 - 7178.15 Target6 - 7142.66 Target7 - 7107.15 S/L 7322.10-(aggr) /7355.60-(Cons)
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Banknifty Future(14490-14940-15106-15155)
15323 - 15328                                                                                       Big Resistance
15103 - 15108                                                                                       Weak Below / Strong above
15089 - 15094                                                                                       Weaker below
14980 - 14985                                                                                       much Weakness below

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15102.75 Target1 - 15117.30  Target2 15145.45 Target3 - 15173.60  Target4 - 15328.55 Target5 - 15558.50 Target6 - 15673.50 Target7 - 15788.50 S/L 15094.45-(aggr) /14983.60-(Cons)
OR
Buy Closer to or C.O Above 14868.65 Target1 - 15094.45-15102.75 Target2 - 15117.30  Target3 15145.45 Target4 - 15173.60  Target5 - 15328.55 Target6 - 15558.50 Target7 - 15673.50 Target8 - 15788.50 S/L 14868.65 or Day's Low
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Sell Below or Closer to 15094.45 Target1 - 15079.90  Target2 - 15051.70  Target3 - 15023.60 Target4 - 14868.65 Target5 - 14638.70 Target6 - 14523.70 Target7 - 14408.70 S/L 15102.75-(aggr) /15213.60-(Cons)
Sell Closer to  or C.O Below 15328.55 Target1 - 15102.75-15094.45 Target2 - 15079.90  Target3 - 15051.70  Target4 - 15023.60 Target5 - 14868.65 Target6 - 14638.70 Target7 - 14523.70 Target8 - 14408.70 S/L 15328.55 or Day's High  
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Nifty Spot Hourly Chart

The safety is only above 7373 Nifty Spot and breaking and holding below 7290 will be signs of worry and shorting Nifty for bear flag or H&S targets becomes necessary.