NIFTY Levels - for 07th Nov 2012:

1) NF closed @ 5773 & NS ticked above 5730. A strong Closing indeed.

2) Pattern:- Up Channel forming in 30 min chart & NF Closing at the Upper end. Breakout can give move in either direction.

3) Nifty Future SR Levels/ Zones for Intraday :- 

            Resistance @ 5785-5793, 5804-5810, 5857-5860

            Support     @ 5767-5757, 5737-5733, 5714-5711, 5698-5694, 5670-5664

4) Open Interest:-  Highest OI in 5900 Call (71 lacs) & 5600 Put (72 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation to Up trend

    ->  RSI          :-        Uptrend, so Buy all Dips

    ->  MACD (9,19,6) :- Bullish Crossover

    ->  Stoc (14,3,3)  :-  Bullish, going to be overbought

6) 30 min TF      :-      

    ->  Bollinger  :-        Uptrend

    ->  RSI          :-        Uptrend

    ->  Stoc (14,3,3)  :-  Uptrend, going to be overbought

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

GAP has not been filled.. so a new Trend emerging - & thats Up

BUY : Intraday If 5730 broken in NS, BUY with SL 5710, TGT 5750, 5800.

SELL: Intraday If 5730 not broken in NS.