Friday, June 27, 2014

Update

Staying light and doing least intraday trading till budget is necessary it seems.

Update

Nifty Laying in Sell Zone since break of  7536 and achieved Target1 also.  Below 7530 we remain in bear zone.

Update

Pre-Market Levels Updated. Nifty Future is in Buy call area.

Nifty Spot Hourly Chart EOD 26th June, 2014

Nifty May be doing a complex corrective or a diametric in b-leg :

Pre-Market Levels For 27th June, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
Weak below 7532 and Strong above 7547.  7559-7564  Main Resistances and  7472-7490 Main Support. Day SAR is at 7589.98.
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Buy Above or Closer to 7540.00 Target1 - 7556.70  Target2 7584.85 Target3 - 7585.50  Target4 - 7613.00 Target5 - 7622.95 Target6 - 7632.95 Target7 - 7656.70 Target8 - 7680.40 S/L 7536.00-(aggr) /7514.26-(Cons)
OR
Buy Closer to or C.O Above 7490.55 Target1 - 7536.00-7540.00 Target2 - 7556.70  Target3 7584.85 Target4 - 7585.50  Target5 - 7613.00 Target6 - 7622.95 Target7 - 7632.95 Target8 - 7656.70 Target9 - 7680.40 S/L 7490.55 or Day's Low  
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Sell Below or Closer to 7536.00 Target1 - 7519.30  Target2 - 7491.20  Target3 - 7490.55 Target4 - 7463.00 Target5 - 7453.05 Target6 - 7443.05 Target7 - 7419.30 Target8 - 7395.60 S/L 7540.00-(aggr) /7561.75-(Cons)
OR
Sell Closer to  or C.O Below 7585.45 Target1 - 7540.00-7536.00 Target2 - 7519.30  Target3 - 7491.20  Target4 - 7490.55 Target5 - 7463.00 Target6 - 7453.05 Target7 - 7443.05 Target8 - 7419.30 Target9 - 7395.60 S/L 7585.45 or Day's High  
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Banknifty Future
Weak below 15197 and Strong above 15271.  15281-15291 Main Resistances and 15097-15119 Main Support. Day SAR is at 15330.
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Buy Above or Closer to 15216.66 Target1 - 15231.30  Target2 15259.45 Target3 - 15287.60  Target4 - 15364.15 Target5 - 15439.90 Target6 - 15515.70 Target7 - 15591.45 Target8 - 15667.25 S/L 15208.55-(aggr) /15136.85-(Cons)
OR
Buy Closer to or C.O Above 15061.05 Target1 - 15208.55-15216.66 Target2 - 15231.30  Target3 15259.45 Target4 - 15287.60  Target5 - 15364.15 Target6 - 15439.90 Target7 - 15515.70 Target8 - 15591.45 Target9 - 15667.25 S/L 15061.05 or Day's Low
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Sell Below or Closer to 15208.55 Target1 - 15193.90  Target2 - 15165.80  Target3 - 15137.60 Target4 - 15061.05 Target5 - 14985.30 Target6 - 14909.50 Target7 - 14833.75 Target8 - 14757.95 S/L 15216.66-(aggr) /15288.35-(Cons)
OR
Sell Closer to  or C.O Below 15364.15 Target1 - 15216.66-15208.55 Target2 - 15193.90  Target3 - 15165.80  Target4 - 15137.60 Target5 - 15061.05 Target6 - 14985.30 Target7 - 14909.50 Target8 - 14833.75 Target9 - 14757.95 S/L 15364.15 or Day's High  
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Update

Stocks Blog Updated.