Wednesday, April 30, 2014

Update

The diametric count is about to be invalidated as confirmed with break below 6706 Nifty Spot.

Update

Next hurdle and booster level above is  6850-6860 Nifty Future.

Update on Nifty Spot

Once Nifty keep sustaining above 6770 is should get legs.

Nifty Spot Hourly Update

Completion of f-leg of diametric price and time wise complete. Yesterday's low around should hold especially 6706 and crossing of 6770 would boost Nifty. It may even go to as high as 7004 in g-leg. Only break of 6665 will change the count. Close above yesterday's high i.e 6779.70 will change the bias.

Update on Nifty Future

Holding 6760 nothing to worry on Nifty Future.  Crossing 6814 Nifty Future is in safe hands.

Update

Call for the day 30th April, 2014 Updated in Stocks Blog.

Tuesday, April 29, 2014

F&O Cues

F&O Cues Updated.

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


Update on Nifty Spot

Break of 6665.15 would confirm completion of A-leg of second corrective for Nifty Spot. Normally f-leg diametric target has been done with and only a break below 6706 would call for a bigger correction.

Update on Nifty Future

Sustaining above 6783.70 Nifty may be bought as given in the Pre-Market.

Pre-Market Levels For 29th April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6848-6852                                                                          Sell All
6835-6844                                                                          Sell Zone
6819-6828                                                                          Resistance
6807-6815                                                                          Strength Above
6787-6796                                                                          Weak Below
6766-6771                                                                          Big Support
6753-6758                                                                          Support / Buy Zone
6747                                                                                   Strong Buy Zone
6716-6725                                                                          Buy All 

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6822.00 Target1 - 6839  Target2 6856 Target3 - 6867  Target4 - 6893 Target5 - 6895 Target6 - 6911 Target7 - 6929 S/L 6818.00-(aggr) /6801.85-(Cons) 
OR
Buy Closer to or C.O Above 6783.70 Target1 - 6818-6822 Target2 - 6839  Target3 6856 Target4 - 6867  Target5 - 6893 Target6 - 6895 Target7 - 6911 Target8 - 6929 S/L 6783.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6818.00 Target1 - 6801  Target2 - 6784  Target3 - 6773 Target4 - 6747 Target5 - 6745 Target6 - 6729 Target7 - 6711 S/L 6822.00-(aggr) /6838.15-(Cons) 
OR
Sell Closer to  or C.O Below 6856.30 Target1 - 6822-6818 Target2 - 6801  Target3 - 6784  Target4 - 6773 Target5 - 6747 Target6 - 6745 Target7 - 6729 Target8 - 6711 S/L 6856.30 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then  6798 - 6803 to 6822 - 6827 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then  6813 - 6818 to 6851 -6856 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13309                                                                                  Sell Zone
13137-13178                                                                       Resistance
12958-13014                                                                       Support Zone
12794-12856                                                                       Buy Zone
12612-12652                                                                       Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13199.30 Target1 - 13214  Target2 13242 Target3 - 13270  Target4 - 13316 Target5 - 13437 Target6 - 13498 Target7 - 13558 S/L 13191.50-(aggr) /13134.95-(Cons) 
OR
Buy Closer to or C.O Above 13074.50 Target1 - 13191-13199 Target2 - 13214  Target3 13242 Target4 - 13270  Target5 - 13316 Target6 - 13437 Target7 - 13498 Target8 - 13558 S/L 13074.50 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13191.50 Target1 - 13177  Target2 - 13149  Target3 - 13120 Target4 - 13074 Target5 - 12954 Target6 - 12893 Target7 - 12833 S/L 13199.30-(aggr) /13255.85-(Cons) 
OR
Sell Closer to  or C.O Below 13316.30 Target1 - 13199-13191 Target2 - 13177  Target3 - 13149  Target4 - 13120 Target5 - 13074 Target6 - 12954 Target7 - 12893 Target8 - 12833 S/L 13316.30
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then  13181 - 13192 to 13305 -13316 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

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


Monday, April 28, 2014

Nifty Spot Hourly Chart

         Likely diametric f-leg going on, watch channel breakout. Buy on dips applicable.

Pre-Market Levels For 28th April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6901-6904                                                                          Sell All 
6879-6889                                                                          Sell Zone / Stiff Resistance
6853-6865                                                                          Stiff Resistance
6833-6843                                                                          Strong Resistance / Strength Above
6828                                                                                   Resistance
6812-6820                                                                          Weak Below
6795-6801                                                                          Support Zone
6787                                                                                   Buy Zone
6763                                                                                   Big Support
6747-6756                                                                          Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6828.30 Target1 - 6845  Target2 6862 Target3 - 6873  Target4 - 6899 Target5 - 6901 Target6 - 6917 Target7 - 6935 S/L 6824.30-(aggr) /6808.20-(Cons) 
OR
Buy Closer to or C.O Above 6790.15 Target1 - 6824-6828 Target2 - 6845  Target3 6862 Target4 - 6873  Target5 - 6899 Target6 - 6901 Target7 - 6917 Target8 - 6935 S/L 6790.15 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6824.30 Target1 - 6808  Target2 - 6790  Target3 - 6779 Target4 - 6754 Target5 - 6751 Target6 - 6736 Target7 - 6718 S/L 6828.30-(aggr) /6844.40-(Cons) 
OR
Sell Closer to  or C.O Below 6862.45 Target1 - 6828-6824 Target2 - 6808  Target3 - 6790  Target4 - 6779 Target5 - 6754 Target6 - 6751 Target7 - 6736 Target8 - 6718 S/L 6862.45 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then  6804 - 6809 to 6828 - 6833 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then  6819 - 6824 to 6857 -6862 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13555-13587                                                                       Max Target / Sell 
13411-13442                                                                       Sell All
13291-13340                                                                       Sell Zone / Stiff Resistance / Strong Above
13240                                                                                  Resistance
13079-13142                                                                       Resistance zone
12954-13048                                                                       Support
12891-12932                                                                       Buy Zone
12776-12852                                                                       Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13138.20 Target1 - 13153  Target2 13181 Target3 - 13209  Target4 - 13256 Target5 - 13378 Target6 - 13439 Target7 - 13500 S/L 13130.50-(aggr) /13073.40-(Cons) 
OR
Buy Closer to or C.O Above 13012.45 Target1 - 13130-13138 Target2 - 13153  Target3 13181 Target4 - 13209  Target5 - 13256 Target6 - 13378 Target7 - 13439 Target8 - 13500 S/L 13012.45 or Day's Low  
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13130.50 Target1 - 13116  Target2 - 13087  Target3 - 13059 Target4 - 13012 Target5 - 12891 Target6 - 12830 Target7 - 12769 S/L 13138.20-(aggr) /13195.30-(Cons) 
OR
Sell Closer to  or C.O Below 13256.25 Target1 - 13138-13130 Target2 - 13116  Target3 - 13087  Target4 - 13059 Target5 - 13012 Target6 - 12891 Target7 - 12830 Target8 - 12769 S/L 13256.25 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 13064 - 13075 to 13138 - 13149 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then  13120 - 13131 to 13245 -13256 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Saturday, April 26, 2014

Friday, April 25, 2014

Pre-Market Levels For 25th April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6972                                                                                       Sell All
6957-6963                                                                              Resistance
6923-6933                                                                              Strong Resistance
6913-6920                                                                              Resistance / 6920 - Week T3
6895-6902                                                                              Strong Above
6870-6880                                                                              Good Support Zone / Buy Zone
6855-6860                                                                              Buy Zone
6842-6851                                                                              Buy All

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

Banknifty Future
13403-13434                                                                           Sell All
13338-13353                                                                           Sell Zone
13307                                                                                      Week T2
13225-13278                                                                           Strong Resistance
13140-13197                                                                            Resistance
13063-13096                                                                            Support
12882                                                                                       Weak Below / Buy Zone
12740-12781                                                                            Buy All
-------------------------------------------------------------------------------------------------------------------------

Wednesday, April 23, 2014

Update on Nifty Spot

Close below 6820.75 i.e. low of today will only confirm completion of g-leg if it happens tomorrow. Bias is positive till now.

Update

6895-6960 (Max +/- 10/15 points) may be the target for diametric g-leg, if the rally continues.

Update on Nifty Spot

Nifty Spot will be weak, only if we get an EOD close below 6806.25.

Pre-Market Levels For 23rd April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6878                                                                                       Sell All / 6877 - Week T2
6864-6871                                                                              Sell Zone
6843-6854                                                                              Strong Resistance / Hold Longs Above
6831-6836                                                                              Consolidation Zone / Weak Below
6815-6820                                                                              Support Zone
6795-6807                                                                              Buy Zone / Big Support
6782-6790                                                                              Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6831.60 Target1 - 6848  Target2 6865 Target3 - 6876  Target4 - 6901 Target5 - 6905 Target6 - 6919 Target7 - 6937 S/L 6827.60-(aggr) /6811.70-(Cons) 
OR
Buy Closer to or C.O Above 6793.80 Target1 - 6828-6832 Target2 - 6848  Target3 6865 Target4 - 6876  Target5 - 6901 Target6 - 6905 Target7 - 6919 Target8 - 6937 S/L 6793.80 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6827.60 Target1 - 6811  Target2 - 6794  Target3 - 6783 Target4 - 6758 Target5 - 6755 Target6 - 6740 Target7 - 6722 S/L 6831.60-(aggr) /6847.51-(Cons) 
OR
Sell Closer to  or C.O Below 6865.40 Target1 - 6832-6828 Target2 - 6811  Target3 - 6794  Target4 - 6783 Target5 - 6758 Target6 - 6755 Target7 - 6740 Target8 - 6722 S/L 6865.40 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 6808 - 6813 to 6832 - 6837 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13587                                                                                   Week T3
13259-13307                                                                        Sell All / 13307 - Week T2
13111-13205                                                                        Sell Zone / Hold Longs Above
12999-13078                                                                        Resistance Zone
12935-12964                                                                        Support Zone
12781-12864                                                                        Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13005.70 Target1 - 13021  Target2 13049 Target3 - 13077  Target4 - 13127 Target5 - 13252 Target6 - 13314 Target7 - 13376 S/L 12998.05-(aggr) /12939.40-(Cons) 
OR
Buy Closer to or C.O Above 12877.00 Target1 - 12998-13006 Target2 - 13021  Target3 13049 Target4 - 13077  Target5 - 13127 Target6 - 13252 Target7 - 13314 Target8 - 13376 S/L 12877.00 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12998.05 Target1 - 12983  Target2 - 12955  Target3 - 12927 Target4 - 12877 Target5 - 12752 Target6 - 12690 Target7 - 12627 S/L 13005.70-(aggr) /13064.30-(Cons) 
OR
Sell Closer to  or C.O Below 13126.70 Target1 - 13006-12998 Target2 - 12983  Target3 - 12955  Target4 - 12927 Target5 - 12877 Target6 - 12752 Target7 - 12690 Target8 - 12627 S/L 13126.70 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then 12930 - 12941 to 13006 - 13017 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Update

Calls for the day 23rd April, 2014 updated in the Stocks Blog.

Tuesday, April 22, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 22nd April, 2014


Update on Nifty Spot

Timewise g-leg has matched with a-leg (approximately). Based on other time rules it has more time left to complete! We have to observe tomorrow's price action.

Update on Nifty Spot

My assumption on the target for g-leg of diametric has been on expectancy of g-leg = a-leg, however diametric g-leg can go above the c-e line as well.  In such case the target for the g-leg comes above 6900. Ideally we have to look at the channel break to conclude completion of g-leg.


Update on Nifty Spot

Looks like that the rally from 5984.6 (14th Feb, 2014) i.e. the 2nd leg of the corrective is forming as a Bow-tie diametric and we are currently in the g leg of the diametric and ideally it should complete near 6850+/- 10/20 points and thereafter correct. Now if the correction is less than 111.6 points it could be an x-wave after diametric else it could be the b-leg after completion of a-leg of the 2nd corrective. Let's see what comes up. I would say what I have always said - trade the levels, charts can adjust.


Update

Commodities Blog updated with Call for the day 22nd April, 2014.

Pre-Market Levels For 22nd April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6920                                                                                  Week T3
6900-6908                                                                         Sell All
6887-6889                                                                         Strong Resistance
6877                                                                                  Week T2
6858-6865                                                                         Sell Zone
6842-6854                                                                         Strong Resistance / Strong Above 6846
6815-6824                                                                         Good Support / Buy Zone
6795-6806                                                                         Bigger Buy Zone / Weak Below
6772-6787                                                                         Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6840.15 Target1 - 6857  Target2 6876 Target3 - 6885  Target4 - 6913 Target5 - 6914 Target6 - 6933 Target7 - 6952 S/L 6836.15-(aggr) /6819.20-(Cons) 
OR
Buy Closer to or C.O Above 6800.25 Target1 - 6836-6840 Target2 - 6857  Target3 6876 Target4 - 6885  Target5 - 6913 Target6 - 6914 Target7 - 6933 Target8 - 6952 S/L 6800.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6836.15 Target1 - 6819  Target2 - 6800  Target3 - 6791 Target4 - 6763 Target5 - 6762 Target6 - 6743 Target7 - 6725 S/L 6840.16-(aggr) /6857.10-(Cons) 
OR
Sell Closer to  or C.O Below 6876.05 Target1 - 6840-6836 Target2 - 6819  Target3 - 6800  Target4 - 6791 Target5 - 6763 Target6 - 6762 Target7 - 6743 Target8 - 6725 S/L 6876.05 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13587                                                                                 Week T3
13272-13354                                                                      Sell All / 13307 Week T2
13256-13259                                                                      Month T3 / Stiff Resistance
13101-13167                                                                      Sell Zone / Resistance
13050-13077                                                                      Resistance
12954-12997                                                                      Support 
12780-12876                                                                      Buy All


-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12999.95 Target1 - 13015  Target2 13043 Target3 - 13071  Target4 - 13125 Target5 - 13254 Target6 - 13318 Target7 - 13383 S/L 12992.35-(aggr) /12931.70-(Cons) 
OR
Buy Closer to or C.O Above 12867.25 Target1 - 12992-13000 Target2 - 13015  Target3 13043 Target4 - 13071  Target5 - 13125 Target6 - 13254 Target7 - 13318 Target8 - 13383 S/L 12867.25 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12992.35 Target1 - 12977  Target2 - 12949  Target3 - 12921 Target4 - 12867 Target5 - 12738 Target6 - 12674 Target7 - 12609 S/L 12999.95-(aggr) /13060.60-(Cons) 
OR
Sell Closer to  or C.O Below 13125.05 Target1 - 13000-12992 Target2 - 12977  Target3 - 12949  Target4 - 12921 Target5 - 12867 Target6 - 12738 Target7 - 12674 Target8 - 12609 S/L 13125.05 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Update

Stocks Blog updated with Calls for the day 22nd April, 2014.

Monday, April 21, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 21st April, 2014


Nifty Future Call worked appropriately

Nifty Future Buy call got active near 6801.95 (low for the day was 6801.2) and has made upto target3 (6847). In Pre-market level 6848-6857 had been specified as Stiff Resistance and Sell All Zone, Nifty made a high of 6849.60 in that range only and got sold off towards late hours.

Update

Time correction without much of price correction is bullish for expiry.

Sunday, April 20, 2014

Update

Stock and Commodities Blog updated for call for the day 21st, April, 2014.

Saturday, April 19, 2014

Pre-Market Levels For 21st April, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6848-6857                                                                        Sell All / Stiff Resistance
6839-6843                                                                        Sell Zone
6826                                                                                 Resistance
6799-6807                                                                        Key Zone
6785-6795                                                                        Consolidation Zone
6763-6770                                                                        Strong Support / Weak Below / Buy Zone
6748-6753                                                                        Support
6737                                                                                 Buy Zone
6721-6732                                                                        Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6801.95 Target1 - 6819  Target2 6839 Target3 - 6847  Target4 - 6875 Target5 - 6878 Target6 - 6897 Target7 - 6917 S/L 6797.95-(aggr) /6780.50-(Cons) 
OR
Buy Closer to or C.O Above 6761.05 Target1 - 6798-6802 Target2 - 6819  Target3 6839 Target4 - 6847  Target5 - 6875 Target6 - 6878 Target7 - 6897 Target8 - 6917 S/L 6761.05 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6797.95 Target1 - 6781  Target2 - 6761  Target3 - 6753 Target4 - 6725 Target5 - 6722 Target6 - 6703 Target7 - 6683 S/L 6801.95-(aggr) /6819.40-(Cons) 
OR
Sell Closer to  or C.O Below 6838.85 Target1 - 6802-6798 Target2 - 6781  Target3 - 6761  Target4 - 6753 Target5 - 6725 Target6 - 6722 Target7 - 6703 Target8 - 6683 S/L 6838.85 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13141-13259                                                                      Sell All
13057-13064                                                                      Sell Zone
12928-12955                                                                      Key
12856-12898                                                                      Strong Resistance / Vital if holds above
12709-12773                                                                      Buy Zone
12588-12631                                                                      Buy All


-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12832.40 Target1 - 12847  Target2 12875 Target3 - 12904  Target4 - 12959 Target5 - 13090 Target6 - 13156 Target7 - 13221 S/L 12824.80-(aggr) /12763.15-(Cons) 
OR
Buy Closer to or C.O Above 12697.75 Target1 - 12825-12832 Target2 - 12847  Target3 12875 Target4 - 12904  Target5 - 12959 Target6 - 13090 Target7 - 13156 Target8 - 13221 S/L 12697.75 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12824.80 Target1 - 12810  Target2 - 12782  Target3 - 12754 Target4 - 12698 Target5 - 12567 Target6 - 12501 Target7 - 12436 S/L 12832.40-(aggr) /12894.05-(Cons) 
OR
Sell Closer to  or C.O Below 12959.45 Target1 - 12832-12825 Target2 - 12810  Target3 - 12782  Target4 - 12754 Target5 - 12698 Target6 - 12567 Target7 - 12501 Target8 - 12436 S/L 12959.45 or Day's High 
-------------------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 17th April, 2014


Thursday, April 17, 2014

Nifty Spot Update

                     Facing resistance at the earlier trend-line which it broke down.

Nifty Spot Update

                               Channel Breakout Happening.

Nifty at Channel Top

          Nifty at Channel Top and breakout of the channel may confirm e-leg .

Update on Nifty Spot

If this upmove is the e-leg of the extracting triangle, it should not under any circumstances cross or touch 6833.80 and any one of the following upto a maximum below 6833.8 can be it's target :
Target 4 - Anything below 6833.8
Target 3  - 6800.07
Target 2  - 6796.70
Target 1 -  6769.38

and thereafter it should correct by minimum 169-273 Points plus time correction is also needed.  The moment we cross 6833.80 the assumption is out.


Update on Nifty Future

As we can see unless 6734.2  is broken there isn't any worry today for a sell off, infact if Nifty crosses the day's high it would try to do the higher targets.

Update on Nifty Spot

Close above 6748 (Prev. Day High) will change the bias to positive.

Update

Falling Wedge giving moves.

Falling Wedge in Nifty Spot Hourly ?


Pre-Market Levels For 17th April, 2014 Working

Trade the levels, Charts can adjust 

Nifty Future
6773-6777                                                                         Huge Resistance
6750-6758                                                                         Stiff Resistance
6735-6739                                                                         Strength Above
6722-6725                                                                         Key
6714                                                                                  Support / Weak Below
6684-6689                                                                         Support
6659-6664                                                                         Buy All / Sell All below
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6699.30 Target1 - 6716  Target2 6734 Target3 - 6744  Target4 - 6771 Target5 - 6772 Target6 - 6790 Target7 - 6808 S/L 6695.30-(aggr) /6678.85-(Cons) 
OR
Buy Closer to or C.O Above 6660.40 Target1 - 6695-6699 Target2 - 6716  Target3 6734 Target4 - 6744  Target5 - 6771 Target6 - 6772 Target7 - 6790 Target8 - 6808 S/L 6660.40 or Day's Low  
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6695.30 Target1 - 6679  Target2 - 6660  Target3 - 6650 Target4 - 6624 Target5 - 6622 Target6 - 6605 Target7 - 6587 S/L 6699.31-(aggr) /6715.75-(Cons) 
OR
Sell Closer to  or C.O Below 6734.20 Target1 - 6699.30-6695 Target2 - 6679  Target3 - 6660  Target4 - 6650 Target5 - 6624 Target6 - 6622 Target7 - 6605 Target8 - 6587 S/L 6734.20 or Day' High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
12742-12811                                                                      Sell All
12685-12735                                                                      Strength Above / Strong Resistance
12659                                                                                 Key
12614-12639                                                                      Buy Zone
12489-12551                                                                      Very Strong Support / Sell All Below


-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12607.65 Target1 - 12623  Target2 12651 Target3 - 12679  Target4 - 12728 Target5 - 12852 Target6 - 12914 Target7 - 12976 S/L 12600.10-(aggr) /12541.80-(Cons) 
OR
Buy Closer to or C.O Above 12479.72 Target1 - 12600-12608 Target2 - 12623  Target3 12651 Target4 - 12679  Target5 - 12728 Target6 - 12852 Target7 - 12914 Target8 - 12976 S/L 12479.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12600.10 Target1 - 12585  Target2 - 12557  Target3 - 12529 Target4 - 12480 Target5 - 12356 Target6 - 12294 Target7 - 12231 S/L 12607.65-(aggr) /12665.90-(Cons) 
OR
Sell Closer to  or C.O Below 12728 Target1 - 12608-12600 Target2 - 12585  Target3 - 12557  Target4 - 12529 Target5 - 12480 Target6 - 12356 Target7 - 12294 Target8 - 12231 S/L 12728.00 or Day' High  
-------------------------------------------------------------------------------------------------------------------------

Update

Call for the day 17th April, 2014 Updated in Commodities Blog.

Update

Call for the day 17th April, 2014 updated in Stocks Blog.

Wednesday, April 16, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 16th April, 2014


Extracting Triangle Probability in Nifty Spot

Probably we are in d-leg of the extracting traingle after which the e-leg will again go towards 6800.
The e-leg has to be less than 168.65 points. Preferably between 104 - 135 points.

Nifty Spot Hourly Chart

Mark the down-trending channel and any dip below 6692 Nifty Spot will suggest forthcoming weakness. Making a new higher high without breaking 6692 will deviate the assumptions.

Update

Call for the day 16th April, 2014 updated in Commodities Blog.

Update

Call for the Day Updated in Stocks Blog.

Tuesday, April 15, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 15th April, 2014


Update on Nifty Spot

More Weakness only if EOD close is below 6725 Nifty Spot.

Update

Only above 6769 Nifty Future may get some strength.

Pre-Market Levels For 15th April, 2014 Working

Trade the levels, Charts can adjust 
Nifty Future
6857-6862                                                                           Big Sell Zone
6845-6849                                                                           Strong Resistance / Buy More Above
6830-6842                                                                           Sell Zone / Buy More Above
6817-6826                                                                           Resistance   / Buy More Above
6804-6813                                                                           Real Strength Above
6785-6795                                                                           Strength Above
6780                                                                                    Key
6761-6768                                                                           Strong Support / Real Weakness below
6757                                                                                    Sell Below
6733-6748                                                                           Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6805.55 Target1 - 6822  Target2 6836 Target3 - 6850  Target4 - 6868 Target5 - 6879 Target6 - 6884 Target7 - 6901 S/L 6801.55-(aggr) /6787.40-(Cons) 
OR
Buy Closer to or C.O Above 6771.20 Target1 - 6802-6806 Target2 - 6822  Target3 6836 Target4 - 6850  Target5 - 6868 Target6 - 6879 Target7 - 6884 Target8 - 6901 S/L 6771.20 or Day's Low  

-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6801.55 Target1 - 6785  Target2 - 6771  Target3 - 6757 Target4 - 6739 Target5 - 6729 Target6 - 6723 Target7 - 6707 S/L 6805.55-(aggr) /6819.70-(Cons) 
OR
Sell Closer to  or C.O Below 6835.90 Target1 - 6805.56-6802 Target2 - 6785  Target3 - 6771  Target4 - 6757 Target5 - 6739 Target6 - 6729 Target7 - 6723 Target8 - 6707 S/L 6835.90 or Day' High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13183-13283                                                                 Stiff Resistance
13040-13137                                                                 Sell All  
13009                                                                            Resistance    
12902-12970                                                                 Resistance / Real Weakness Below
12832                                                                            Key
12742-12795                                                                 Support Zone
12586-12643                                                                 Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12911.26 Target1 - 12926  Target2 12954 Target3 - 12982  Target4 - 13031 Target5 - 13154 Target6 - 13216 Target7 - 13278 S/L 12903.64-(aggr) /12845.77-(Cons) 
OR
Buy Closer to or C.O Above 12784.10 Target1 - 12904-12911 Target2 - 12926  Target3 12954 Target4 - 12982  Target5 - 13031 Target6 - 13154 Target7 - 13216 Target8 - 13278 S/L 12784.10 or Day's Low  
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12903.65 Target1 - 12889  Target2 - 12861  Target3 - 12832 Target4 - 12784 Target5 - 12661 Target6 - 12599 Target7 - 12537 S/L 12911.25-(aggr) /12969.15-(Cons) 
OR
Sell Closer to  or C.O Below 13030.80 Target1 - 12911.26-12904 Target2 - 12889  Target3 - 12861  Target4 - 12832 Target5 - 12784 Target6 - 12661 Target7 - 12599 Target8 - 12537 S/L 13030.80 or Day' High
-------------------------------------------------------------------------------------------------------------------------

Call for the Day on CNX-IT Future 1 Month

CNX IT - 1 MONTH
Buy Above or Closer to 9360.90 Target1 - 9377  Target2 9405 Target3 - 9425  Target4 - 9433 Target5 - 9492 Target6 - 9526 Target7 - 9559 S/L 9355.40-(aggr) /9324.70 -(Cons) 
OR
Buy Closer to or C.O Above 9291.20 Target1 - 9355-9361 Target2 - 9377  Target3 9405 Target4 - 9425  Target5 - 9433 Target6 - 9492 Target7 - 9526 Target8 - 9559 S/L 9291.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 9355.39 Target1 - 9339  Target2 - 9311  Target3 - 9291 Target4 - 9283 Target5 - 9224 Target6 - 9191 Target7 - 9157 S/L 9360.91-(aggr) /9391.62-(Cons) 
OR
Sell Closer to  or C.O Below 9425.10 Target1 - 9360.91-9355 Target2 - 9339  Target3 - 9311  Target4 - 9291 Target5 - 9283 Target6 - 9224 Target7 - 9191 Target8 - 9157 S/L 9425.10 or Day' High

Monday, April 14, 2014

Update

Call for 15th April updated in Stocks Blog.

Friday, April 11, 2014

Update

Nifty , Banknifty Sell calls have worked well. Buy's just fell short by a couple of points.

Update

Probably we are getting a close below Previous day low, which would warrant some caution.

Update

Commodities Call for the Day updated in Commodities Blog.

Update

For Nifty Future Longs Conservative S/L may be the day's low.

Pre-Market Levels For 11th April, 2014 Working

Trade the levels, Charts can adjust 

Nifty Future
6882                                                                                 Sell All
6860-6864                                                                       Sell Zone / 6864 - Week T2
6847-6654                                                                       Stiff Resistance
6830-6840                                                                      Strong Resistance
6825                                                                                Long Above / Short Below
6810                                                                                Weak Below
6800-6806                                                                      Strong Support
6789-6792                                                                      Stronger Support
6761-6774                                                                      Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6827.10 Target1 - 6844  Target2 6856 Target3 - 6872  Target4 - 6888 Target5 - 6900 Target6 - 6903 Target7 - 6919 S/L 6823.05-(aggr) /6809.35-(Cons) 
OR
Buy Closer to or C.O Above 6793.65 Target1 - 6827 Target2 - 6844  Target3 6856 Target4 - 6872  Target5 - 6888 Target6 - 6900 Target7 - 6903 Target8 - 6919 S/L 6793.65
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6823.05 Target1 - 6806  Target2 - 6794  Target3 - 6778 Target4 - 6762 Target5 - 6750 Target6 - 6747 Target7 - 6731 S/L 6827.05-(aggr) /6840.75-(Cons) 
OR
Sell Closer to  or C.O Below 6856.40 Target1 - 6823 Target2 - 6806  Target3 - 6794  Target4 - 6778 Target5 - 6762 Target6 - 6750 Target7 - 6747 Target8 - 6731 S/L 6856.40
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13235-13259                                                                 Month T3 / Sell All
13098-13167                                                                 Stiff Resistance
13063                                                                            Resistance
12938-13028                                                                 Support Zone
12842-12880                                                                 Support
12747-12807                                                                 Buy All / Weak Below / Crucial
12688-12733                                                                 Buy All

-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 13009.78 Target1 - 13025  Target2 13053 Target3 - 13081  Target4 - 13125 Target5 - 13243 Target6 - 13302 Target7 - 13362 S/L 13002.12-(aggr) /12946.67-(Cons) 
OR
Buy Closer to or C.O Above 12887.39 Target1 - 13010 Target2 - 13025  Target3 13053 Target4 - 13081  Target5 - 13125 Target6 - 13243 Target7 - 13302 Target8 - 13362 S/L 12887.39

-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 13002.12 Target1 - 12987  Target2 - 12959  Target3 - 12931 Target4 - 12887 Target5 - 12769 Target6 - 12710 Target7 - 12650 S/L 13009.78-(aggr) /13065.23-(Cons) 
OR
Sell Closer to  or C.O Below 13124.51 Target1 - 13002 Target2 - 12987  Target3 - 12959  Target4 - 12931 Target5 - 12887 Target6 - 12769 Target7 - 12710 Target8 - 12650 S/L 13124.51
-------------------------------------------------------------------------------------------------------------------------

Today Being NR4/NR7 Day, the following becomes applicable

For Nifty Spot
                          Target
 Buy  >    6,821    6,886 
 Sell  <     6,775     6,711 

Update

Call for the day Updated in Stocks Blog.

Murrey Math and Options data based position - EOD 10th April, 2014


Thursday, April 10, 2014

F&O Cues

F&O Cues Updated.

Update

Price behavior as expected. Nifty somewhat paused. Lot of time left for this leg of up-move which is on as long as price holds above 6725.15 Nifty Spot. Last hour selling was heavy, hence friday also there may be some consolidation expected.  Important thing to note that is Nifty closing should not be below 6777.3 tomorrow to keep the uptrend intact and 6725.15 should hold.

Nifty spot  Targets pending are :
Target 2  - 6881 / 6687 

Target 1 - 6833

We got an NR day today NR4  and NR7. Hence tomorrow also there is a probability of one more NR day.

Nifty Future Update

6850+ bullish

Update

Probably we may get a NR day today.

Update

Nifty is doing what was expected i.e. consume time without much of price.

Update on Nifty Future

6850 break will be weakness.

Monitor Nifty Future

Either 6805 or 6866 likely today, 6835.5 being the Pivot.

6805 - 6821 - 6835.50 - 6850 - 6866

Update on Nifty Spot

As par calculations Nifty will take 4.5 to 7 days plus for achieving the mentioned spot targets. It has moved very fast to the first Target (6798) and has almost reached near second target (6833) in 1 days Plus.  Unless it is doing something else some time spending is needed without much of price. Therefore even if Nifty achieves the 2nd target soon it may have to pause a while thereafter. 

Update

Call for the day updated in Stocks Blog.

Pre-Market Levels For 10th April, 2014 Working

Trade the levels, Charts can adjust 

Nifty Future
6863-6872                                                                       Sell All / 6864 - Week T2
6854                                                                                Month T2
6847-6850                                                                       Strong Resistance / Sell Zone
6807-6810                                                                       Support
6791-6801                                                                       Support / Buy Zone
6774-6784                                                                       Big Support / Buy Zone
6764-6770                                                                       Buy All / Sell Below

Banknifty Future
13259                                                                           Month T3 / Sell All
13144-13175                                                                Sell Zone
13054-13113                                                                Strong Resistance / 13064 - Month T2
12940-12997                                                                Support
12839-12901                                                                Weak Below
12733-12780                                                                Buy Zone
12643-12698                                                                Buy All