F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 31st Jan, 2014

Update

Today's close confirms 6415.25 as a top for upto election results perhaps.

3 P.M

2 P.M

Murrey Math and Options data based position - 31st Jan, 2014 1.15 P.M

1 P.M

12 Noon

Nifty Spot Hourly Channel

Strength Above Middle Channel Target Upper Channel and Weak Below Middle Channel Target Lower Channel

Nifty Spot Daily

Watch out the Fibo lines and b-d Line is the big resistance around 6140-6150  and 5970 is the immediate Target.

Update

If the Month close is below 6176.1 there is high chance for Nifty to go towards 5850 in Feb, 2014.


This was posted on

Monday, January 27, 2014

Nifty Spot has prepared the ground for the following initial targets in Feb, 2014 with inbetween oversold pullbacks. 

Target1 = 6079.95 (Achieved)
Target2 = 5985.45
Target3 = 5914.05

Let us see how far and how soon to find out what could be the next moves. Charts were suggesting this kind of correction expectancy since long.

Posted by Sandip Pal at 4:59 PM 

11 A.M

10 A.M

Pre-Market Levels For 30th January , 2014 Working

Market is oversold some pause needed.  Trend is Down.  If Market is able to close above 6176.1 Bearishness erodes.

For 30th Jan, 2014

Nifty Spot
6261                    Month Shocker
6211                    Week Shocker 
6192                    Day SAR
6147                    Selling Level / Buy Above
6110                    Day Bear S/L
6104                    Selling Level / Buy above
6074                    Long Above / Short Below
6037                    Day Bull S/L
5986                    Day Shocker

Nifty Future 
6184-6198           Sell All
6173                    Resistance
6160-6165           Sell Zone
6133-6144           Strong Resistance
6111                    Support
6097-6104           Good Support / Weak Below
6061-6080           Buy All
6046                    Strong Support

----------------------------------------------------------------

Banknifty Spot
11284                   Month Shocker
10891                   Month SAR
10675                   Week Shocker
10266                   Day Bear S/L
10153                   Long Above / Short Below
10040                   Day Bull S/L
9933                    Day Shocker

Banknifty Future
10796                   Sell All
10650                   Sell Zone
10542-10601        Sell All / Buy above
10398                   Strength Above
10342-10354        Strong Resistance
10235                   Resistance / Support
9991-10125         Support
9936                    Big Support

Update

No Updation of F&O Cues since today is expiry.  Trend is down and bias changes only when we close above the previous day high.

EOD

2 P.M

Update

Market Highly Oversold. Caution with shorts. Tomorrow close above 6176.1 is vital for Nifty else 5972.

1 P.M

Update

Market has almost done the NR4 day (Made Yesterday) target at 6040. Not much juice may be there for today.

12 Noon

11 A.M

10 A.M

Pre-Market Levels For 30th January , 2014 Working

Nifty Expiry Blue range [6063 - 6178]
Nifty Spot [6035 - 6060 -  6211]
6261                    Month Shocker
6211                    Week Shocker 
6157                    Day Bear S/L
6120                    Long Above / Short Below
6084                    Day Bull S/L
6041                    Day Shocker
6014                    Big Support

Nifty Future (--5905/6056 - 6113/6202++ as Par FnO cues)

6133-6138           Sell All
6106-6114           Stiff Resistance
6080-6086           Resistance / Buy More Above
6055-6061           Support / Resistance / Buy Above or Holding / Sell below
6033-6046           Strong Support
5979-5997           Huge Support/ Buy All / Big Weakness below

----------------------------------------------------------------

Banknifty Spot [10291- 10772]
11284                   Month Shocker
10675                   Week Shocker
10548                   Day Bear S/L
10438                   Long Above / Short Below
10327                   Day Bull S/L
10215                   Day Shocker

Banknifty Future (--10069/10327 - 10425/10576++  as Par FnO cues)
10783                   Sell All
10485-10545        Stiff Resistance / Sell Zone
10326-10335        Support / Resistance / Buy Above or Sell Below
10206-10262        Support / Sell Below
9991-10065          Buy All

Nifty Spot Alternate count

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 29th Jan, 2014

Nifty Spot EOD

Move is trending, below 6070 Nifty may become quite weak

After close of Market

Update

Nifty Future Short Call Achieved the 2nd target 6126. Entire Profit should be booked.

2 P.M

Update

Nifty Future Short call has met the First Target at 6137 (Low made6138.65). Calls for part profit booking.

1 P.M

Update

Nifty is not yet showing true color.

12 Noon

Fresh Call

Short Nifty Future Below 6157 S/L 6178 Target 6137 / 6126

11 A.M

Call For the day

Buy 6100 CE in range 65-69 Target 86 / 90  S/L 55.

10 A.M

Update

Long Positions in Nifty Future should have 6138 as S/L

Update

Bear S/L Hit. Market bias is positive 1st Half.

Pre-Market Levels For 29th January , 2014 Working

Day may be volatile with positive bias

Nifty Spot [6067  -  6218]
6261                    Month Shocker
6211                    Week Shocker 
6162                    Day Bear S/L
6133                    Day Shocker
6126                    Long Above / Short Below
6090                    Day Bull S/L

Nifty Future (--6073/6122 - 6208/6255++ as Par FnO cues)
6234-6249          Sell All
6212-6221          Sell Zone
6191-6198         Strong Resistance
6184                   Key Resistance
6161-6166         Strength Above / Buy More Above
6144-615           Long above / Will Support if crossed
6124-6138         Buy Zone
6114                  Buy All

----------------------------------------------------------------

Banknifty Spot [10366- 10811]
11284                   Month Shocker
10529                   Day Shocker
10675                   Week Shocker
10614                   Day Bear S/L
10508                   Long Above / Short Below
10401                   Day Bull S/L

Banknifty Future (--10394/1565 - 10641/10887++  as Par FnO cues)
10854-10900        Sell All
10730-10796        Stiff Resistance
10619                   Resistance / Buy More Above
10536-10553        Strength Above / Will SUpport if Crossed
11461                   Buy Holding
10346-10396        Buy All

F&O Cues

F&O Cues Updated.  Some positive initiative is visible in the data and today's low may hold for the expiry.  High volatility expected tomorrow.

Murrey Math and Options data based position - EOD 28th Jan, 2014

3 P.M

2 P.M

Update

Exiting balance longs of Nifty Future @CMP 6147

Update

S/L to cost.

Update

Part profit booking in Nifty Future @6138

Update

If Nifty holds the days Low and moves above 6126 Nifty Future may be bought for 6150-6170

1 P.M