Monday, June 30, 2014
Nifty Spot Hourly Chart 30/6/2014
7647.76 plus Nifty Spot can go towards 7703 and 7718. Looks b of 2nd corrective has completed.
Approaching Sell Zone with budget booster.
Approaching Sell Zone with budget booster.
Update on Banknifty Future
15191 Banknifty Future is the Key number for the week i.e. Sell below it or remain long above it and if Nifty future is unable to take out 15567 selling pressure will come at Banknifty Future this week. Watch out the day SAR level currently at 15304.5.
Update on Nifty Future
7567 Nifty Future is the Key number for the week i.e. Sell below it or remain long above it and if Nifty future is unable to take out 7681 selling pressure will come at Nifty Future this week. Watch out the day SAR level currently at 7589.98.
Update on Nify Spot
Nifty at falling channel Top now 7590-7600 (Also this is weekly Resistance Area) should provide some resistance.
Pre-Market Levels For 30th 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 7508 and Strong above 7546. 7537-7549 / 7559 / 7589 /7615 Main Resistances and 7520-7534/7508/7457-7462 Main Support. Day SAR is at 7589.98.
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Buy Above or Closer to 7545.90 Target1 - 7562.60 Target2 7590.40 Target3 - 7590.70 Target4 - 7618.90 Target5 - 7627.90 Target6 - 7636.85 Target7 - 7660.10 Target8 - 7683.35 S/L 7541.90-(aggr) /7520.65-(Cons)
OR
Buy Closer to or C.O Above 7497.40 Target1 - 7541.90-7545.90 Target2 - 7562.60 Target3 7590.40 Target4 - 7590.70 Target5 - 7618.90 Target6 - 7627.90 Target7 - 7636.85 Target8 - 7660.10 Target9 - 7683.35 S/L 7497.40 or Day's Low
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Sell Below or Closer to 7541.90 Target1 - 7525.20 Target2 - 7497.40 Target3 - 7497.05 Target4 - 7468.90 Target5 - 7459.90 Target6 - 7450.95 Target7 - 7427.70 Target8 - 7404.45 S/L 7545.90-(aggr) /7567.15-(Cons)
OR
Sell Closer to or C.O Below 7590.40 Target1 - 7545.90-7541.90 Target2 - 7525.20 Target3 - 7497.40 Target4 - 7497.05 Target5 - 7468.90 Target6 - 7459.90 Target7 - 7450.95 Target8 - 7427.70 Target9 - 7404.45 S/L 7590.40 or Day's High
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7490-7497 / 7525-7535 / 7562-7570 / 7590 /7615 Likely Trading Range
Banknifty Future
Weak below 15069 and Strong above 15144. 15145-15187/15258/15307-15323/15383-15448 Main Resistances and 15050-15075 / 14910 Main Support. Day SAR is at 15304.5.
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Buy Above or Closer to 15144.95 Target1 - 15159.60 Target2 15187.75 Target3 - 15215.90 Target4 - 15291.60 Target5 - 15366.95 Target6 - 15442.30 Target7 - 15517.65 Target8 - 15593.00 S/L 15136.85-(aggr) /15065.55-(Cons)
OR
Buy Closer to or C.O Above 14990.20 Target1 - 15136.85-15144.95 Target2 - 15159.60 Target3 15187.75 Target4 - 15215.90 Target5 - 15291.60 Target6 - 15366.95 Target7 - 15442.30 Target8 - 15517.65 Target9 - 15593.00 S/L 14990.20 or Day's Low
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Sell Below or Closer to 15136.85 Target1 - 15122.20 Target2 - 15094.10 Target3 - 15065.90 Target4 - 14990.20 Target5 - 14914.85 Target6 - 14839.50 Target7 - 14764.15 Target8 - 14688.80 S/L 15144.95-(aggr) /15216.25-(Cons)
OR
Sell Closer to or C.O Below 15291.60 Target1 - 15144.95-15136.85 Target2 - 15122.20 Target3 - 15094.10 Target4 - 15065.90 Target5 - 14990.20 Target6 - 14914.85 Target7 - 14839.50 Target8 - 14764.15 Target9 - 14688.80 S/L 15291.60 or Day's High
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For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
Weak below 7508 and Strong above 7546. 7537-7549 / 7559 / 7589 /7615 Main Resistances and 7520-7534/7508/7457-7462 Main Support. Day SAR is at 7589.98.
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Buy Above or Closer to 7545.90 Target1 - 7562.60 Target2 7590.40 Target3 - 7590.70 Target4 - 7618.90 Target5 - 7627.90 Target6 - 7636.85 Target7 - 7660.10 Target8 - 7683.35 S/L 7541.90-(aggr) /7520.65-(Cons)
OR
Buy Closer to or C.O Above 7497.40 Target1 - 7541.90-7545.90 Target2 - 7562.60 Target3 7590.40 Target4 - 7590.70 Target5 - 7618.90 Target6 - 7627.90 Target7 - 7636.85 Target8 - 7660.10 Target9 - 7683.35 S/L 7497.40 or Day's Low
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Sell Below or Closer to 7541.90 Target1 - 7525.20 Target2 - 7497.40 Target3 - 7497.05 Target4 - 7468.90 Target5 - 7459.90 Target6 - 7450.95 Target7 - 7427.70 Target8 - 7404.45 S/L 7545.90-(aggr) /7567.15-(Cons)
OR
Sell Closer to or C.O Below 7590.40 Target1 - 7545.90-7541.90 Target2 - 7525.20 Target3 - 7497.40 Target4 - 7497.05 Target5 - 7468.90 Target6 - 7459.90 Target7 - 7450.95 Target8 - 7427.70 Target9 - 7404.45 S/L 7590.40 or Day's High
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7490-7497 / 7525-7535 / 7562-7570 / 7590 /7615 Likely Trading Range
Banknifty Future
Weak below 15069 and Strong above 15144. 15145-15187/15258/15307-15323/15383-15448 Main Resistances and 15050-15075 / 14910 Main Support. Day SAR is at 15304.5.
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Buy Above or Closer to 15144.95 Target1 - 15159.60 Target2 15187.75 Target3 - 15215.90 Target4 - 15291.60 Target5 - 15366.95 Target6 - 15442.30 Target7 - 15517.65 Target8 - 15593.00 S/L 15136.85-(aggr) /15065.55-(Cons)
OR
Buy Closer to or C.O Above 14990.20 Target1 - 15136.85-15144.95 Target2 - 15159.60 Target3 15187.75 Target4 - 15215.90 Target5 - 15291.60 Target6 - 15366.95 Target7 - 15442.30 Target8 - 15517.65 Target9 - 15593.00 S/L 14990.20 or Day's Low
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Sell Below or Closer to 15136.85 Target1 - 15122.20 Target2 - 15094.10 Target3 - 15065.90 Target4 - 14990.20 Target5 - 14914.85 Target6 - 14839.50 Target7 - 14764.15 Target8 - 14688.80 S/L 15144.95-(aggr) /15216.25-(Cons)
OR
Sell Closer to or C.O Below 15291.60 Target1 - 15144.95-15136.85 Target2 - 15122.20 Target3 - 15094.10 Target4 - 15065.90 Target5 - 14990.20 Target6 - 14914.85 Target7 - 14839.50 Target8 - 14764.15 Target9 - 14688.80 S/L 15291.60 or Day's High
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