NIFTY Levels - for 18th Oct 2012:

1) Nifty Future closed @ 5667 up by 18 points.

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..

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

            Resistance @ 5640-5647,  5664-5670, 5694-5698, 5723-5730,  

            Support     @ 5597-5593,  5560-5554,  5413-5400, 5350

4) Open Interest:-  Highest OI in 5800 Call (117 lacs) & 5600 Put (80 Lacs), 5500 (85.5 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  RSI          :-        Down Trend

    ->  Stoc (14,3,3)  :-  Bearish

6) 30 min TF      :-       Downtrend

    ->  Bollinger  :-       Downtrend

    ->  MACD (9,19,6) :- Bullish

    ->  RSI          :-        Correction Rally in Down trend

    ->  Stoc (14,3,3)  :-  Correction Rally in Down trend

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

BUY & Sell: In SR Zones with Proper Candlestick patterns.. That's it..