Update

All Gaps got filled. We expected it yesterday.

Wednesday, June 25, 2014
Update

Nifty Spot has left 2 gaps below. One near 7546 and another near 7500 . Won't be surprised if one or both the gaps gets filled up tomorrow / day after tomorrow. Buy in dips without question. 7500 big Support zone. Derivatives data suggesting stiff resistance built up near 7600. 


Posted by Sandip Pal at 2:46 PM No comments:

Intraday Call

Buy 7500 CE at CMP 34.5 Target 43/56/67/90 S/L 15.

Update

One gap got filled in the morning. One should go long positionally in view of upcoming Budget on all dips.

Pre-Market Levels For 26th June, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Expiry Blue Upper Limit - 7642
Expiry Blue Lower Limit - 7497
Middle 7569.5 (Bullish Above / Bearish Below)
Nifty Future
Weak below 7572 and Strong above 7604.  7591-7615  Main Resistances and  7520-7525 Main Support. Day SAR is at 7589.98.
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Buy Above or Closer to 7576.90 Target1 - 7593.60  Target2 7621.75 Target3 - 7623.30  Target4 - 7649.90 Target5 - 7660.85 Target6 - 7671.80 Target7 - 7696.00 Target8 - 7720.20 S/L 7572.90-(aggr) /7550.68-(Cons)
OR
Buy Closer to or C.O Above 7526.45 Target1 - 7572.90-7576.90 Target2 - 7593.60  Target3 7621.75 Target4 - 7623.30  Target5 - 7649.90 Target6 - 7660.85 Target7 - 7671.80 Target8 - 7696.00 Target9 - 7720.20 S/L 7526.45 or Day's Low
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Sell Below or Closer to 7572.90 Target1 - 7556.20  Target2 - 7528.00  Target3 - 7526.45 Target4 - 7499.90 Target5 - 7488.95 Target6 - 7478.00 Target7 - 7453.80 Target8 - 7429.60 S/L 7576.90-(aggr) /7599.10-(Cons)
OR
Sell Closer to  or C.O Below 7623.35 Target1 - 7576.90-7572.90 Target2 - 7556.20  Target3 - 7528.00  Target4 - 7526.45 Target5 - 7499.90 Target6 - 7488.95 Target7 - 7478.00 Target8 - 7453.80 Target9 - 7429.60 S/L 7623.35 or Day's High  
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Banknifty Future
Weak below 15254 and Strong above 15318.  15308-15395 Main Resistances and 15081-15091 Main Support. Day SAR is at 15330.
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Buy Above or Closer to 15264.30 Target1 - 15279.00  Target2 15307.10 Target3 - 15335.30  Target4 - 15411.25/15423 Target5 - 15486.73 Target6 - 15562.20 Target7 - 15637.72 Target8 - 15713.20 S/L 15256.20-(aggr) /15184.76-(Cons)
OR
Buy Closer to or C.O Above 15109.25 Target1 - 15256.20-15264.30 Target2 - 15279.00  Target3 15307.10 Target4 - 15335.30  Target5 - 15411.25 Target6 - 15486.73 Target7 - 15562.20 Target8 - 15637.72 Target9 - 15713.20 S/L 15109.25 or Day's Low 
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Sell Below or Closer to 15256.20 Target1 - 15241.60  Target2 - 15213.40  Target3 - 15185.25 Target4 - 15109.25 Target5 - 15033.77 Target6 - 14958.30 Target7 - 14882.80 Target8 - 14807.30 S/L 15264.30-(aggr) /15335.74-(Cons)
OR
Sell Closer to  or C.O Below 15411.25 Target1 - 15264.30-15256.20 Target2 - 15241.60  Target3 - 15213.40  Target4 - 15185.25 Target5 - 15109.25 Target6 - 15033.77 Target7 - 14958.30 Target8 - 14882.80 Target9 - 14807.30 S/L 15411.25 or Day's High  
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Update

Stocks blog updated with daily levels.