F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 30th June, 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.

Update on Nifty Future

Above  7636.85 Target may be  - 7650-7660 range for Nifty Future.

Update on Nifty Future

Weakness only below 7615 level.

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.
-------------------------------------------------------------------------------------------------------------------------
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
-------------------------------------------------------------------------------------------------------------------------
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  
-------------------------------------------------------------------------------------------------------------------------
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.
-------------------------------------------------------------------------------------------------------------------------
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
-------------------------------------------------------------------------------------------------------------------------
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  
--------------------------------------------------------------------------------------------------------------------

Update

Stocks and Commodities Blog Updated with Levels.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 27th June, 2014

Nifty Weekly Chart

Nifty Weekly Chart showing a Falling trendline with lower line support near 7400-7410 and upper line resistance at around 7590-7600. A decisive move above or below may show further direction. Normally  a pre-budget rally should happen and more so with the huge expectation from Modi Government. Let's see.

Update

Staying light and doing least intraday trading till budget is necessary it seems.

Update

Nifty Laying in Sell Zone since break of  7536 and achieved Target1 also.  Below 7530 we remain in bear zone.

Update

Pre-Market Levels Updated. Nifty Future is in Buy call area.

Nifty Spot Hourly Chart EOD 26th June, 2014

Nifty May be doing a complex corrective or a diametric in b-leg :

Pre-Market Levels For 27th 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 7532 and Strong above 7547.  7559-7564  Main Resistances and  7472-7490 Main Support. Day SAR is at 7589.98.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7540.00 Target1 - 7556.70  Target2 7584.85 Target3 - 7585.50  Target4 - 7613.00 Target5 - 7622.95 Target6 - 7632.95 Target7 - 7656.70 Target8 - 7680.40 S/L 7536.00-(aggr) /7514.26-(Cons)
OR
Buy Closer to or C.O Above 7490.55 Target1 - 7536.00-7540.00 Target2 - 7556.70  Target3 7584.85 Target4 - 7585.50  Target5 - 7613.00 Target6 - 7622.95 Target7 - 7632.95 Target8 - 7656.70 Target9 - 7680.40 S/L 7490.55 or Day's Low  
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7536.00 Target1 - 7519.30  Target2 - 7491.20  Target3 - 7490.55 Target4 - 7463.00 Target5 - 7453.05 Target6 - 7443.05 Target7 - 7419.30 Target8 - 7395.60 S/L 7540.00-(aggr) /7561.75-(Cons)
OR
Sell Closer to  or C.O Below 7585.45 Target1 - 7540.00-7536.00 Target2 - 7519.30  Target3 - 7491.20  Target4 - 7490.55 Target5 - 7463.00 Target6 - 7453.05 Target7 - 7443.05 Target8 - 7419.30 Target9 - 7395.60 S/L 7585.45 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15197 and Strong above 15271.  15281-15291 Main Resistances and 15097-15119 Main Support. Day SAR is at 15330.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15216.66 Target1 - 15231.30  Target2 15259.45 Target3 - 15287.60  Target4 - 15364.15 Target5 - 15439.90 Target6 - 15515.70 Target7 - 15591.45 Target8 - 15667.25 S/L 15208.55-(aggr) /15136.85-(Cons)
OR
Buy Closer to or C.O Above 15061.05 Target1 - 15208.55-15216.66 Target2 - 15231.30  Target3 15259.45 Target4 - 15287.60  Target5 - 15364.15 Target6 - 15439.90 Target7 - 15515.70 Target8 - 15591.45 Target9 - 15667.25 S/L 15061.05 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15208.55 Target1 - 15193.90  Target2 - 15165.80  Target3 - 15137.60 Target4 - 15061.05 Target5 - 14985.30 Target6 - 14909.50 Target7 - 14833.75 Target8 - 14757.95 S/L 15216.66-(aggr) /15288.35-(Cons)
OR
Sell Closer to  or C.O Below 15364.15 Target1 - 15216.66-15208.55 Target2 - 15193.90  Target3 - 15165.80  Target4 - 15137.60 Target5 - 15061.05 Target6 - 14985.30 Target7 - 14909.50 Target8 - 14833.75 Target9 - 14757.95 S/L 15364.15 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Update

Stocks Blog Updated.

Update

All Gaps got filled. We expected it yesterday.

Wednesday, June 25, 2014
Update

Nifty Spot has left 2 gaps below. One near 7546 and another near 7500 . Won't be surprised if one or both the gaps gets filled up tomorrow / day after tomorrow. Buy in dips without question. 7500 big Support zone. Derivatives data suggesting stiff resistance built up near 7600. 


Posted by Sandip Pal at 2:46 PM No comments:

Intraday Call

Buy 7500 CE at CMP 34.5 Target 43/56/67/90 S/L 15.

Update

One gap got filled in the morning. One should go long positionally in view of upcoming Budget on all dips.

Pre-Market Levels For 26th June, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Expiry Blue Upper Limit - 7642
Expiry Blue Lower Limit - 7497
Middle 7569.5 (Bullish Above / Bearish Below)
Nifty Future
Weak below 7572 and Strong above 7604.  7591-7615  Main Resistances and  7520-7525 Main Support. Day SAR is at 7589.98.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7576.90 Target1 - 7593.60  Target2 7621.75 Target3 - 7623.30  Target4 - 7649.90 Target5 - 7660.85 Target6 - 7671.80 Target7 - 7696.00 Target8 - 7720.20 S/L 7572.90-(aggr) /7550.68-(Cons)
OR
Buy Closer to or C.O Above 7526.45 Target1 - 7572.90-7576.90 Target2 - 7593.60  Target3 7621.75 Target4 - 7623.30  Target5 - 7649.90 Target6 - 7660.85 Target7 - 7671.80 Target8 - 7696.00 Target9 - 7720.20 S/L 7526.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7572.90 Target1 - 7556.20  Target2 - 7528.00  Target3 - 7526.45 Target4 - 7499.90 Target5 - 7488.95 Target6 - 7478.00 Target7 - 7453.80 Target8 - 7429.60 S/L 7576.90-(aggr) /7599.10-(Cons)
OR
Sell Closer to  or C.O Below 7623.35 Target1 - 7576.90-7572.90 Target2 - 7556.20  Target3 - 7528.00  Target4 - 7526.45 Target5 - 7499.90 Target6 - 7488.95 Target7 - 7478.00 Target8 - 7453.80 Target9 - 7429.60 S/L 7623.35 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15254 and Strong above 15318.  15308-15395 Main Resistances and 15081-15091 Main Support. Day SAR is at 15330.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15264.30 Target1 - 15279.00  Target2 15307.10 Target3 - 15335.30  Target4 - 15411.25/15423 Target5 - 15486.73 Target6 - 15562.20 Target7 - 15637.72 Target8 - 15713.20 S/L 15256.20-(aggr) /15184.76-(Cons)
OR
Buy Closer to or C.O Above 15109.25 Target1 - 15256.20-15264.30 Target2 - 15279.00  Target3 15307.10 Target4 - 15335.30  Target5 - 15411.25 Target6 - 15486.73 Target7 - 15562.20 Target8 - 15637.72 Target9 - 15713.20 S/L 15109.25 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15256.20 Target1 - 15241.60  Target2 - 15213.40  Target3 - 15185.25 Target4 - 15109.25 Target5 - 15033.77 Target6 - 14958.30 Target7 - 14882.80 Target8 - 14807.30 S/L 15264.30-(aggr) /15335.74-(Cons)
OR
Sell Closer to  or C.O Below 15411.25 Target1 - 15264.30-15256.20 Target2 - 15241.60  Target3 - 15213.40  Target4 - 15185.25 Target5 - 15109.25 Target6 - 15033.77 Target7 - 14958.30 Target8 - 14882.80 Target9 - 14807.30 S/L 15411.25 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Update

Stocks blog updated with daily levels.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 25th June, 2014

Update

Nifty Spot has left 2 gaps below. One near 7546 and another near 7500 . Won't be surprised if one or both the gaps gets filled up tomorrow / day after tomorrow. Buy in dips without question. 7500 big Support zone. Derivatives data suggesting stiff resistance builtup near 7600. 

Update

Market has given a thumbs up to a Broker's Day.

Update

25.2 Points on Nifty Spot ? Isn't it a bit amazing? Another 10 points should come any which way. Likely on the upside.

Update

7550-7560 OR 7605-7610 is near must for the day one can bet for it on the side of his /her choice today in Nifty Future.

Update

7550-7560 OR 7605-7610 is near must for the day one can bet for it on the side of his /her choice today in Nifty Future.

Status

Both Nifty Future(7584) and Banknifty Future(15313) haven't been able to go up and sustain above their weak below levels till now. Hence weakness continuing till now. Can' rule out some movement late hours.

Update

Commodities Blog Updated.

Update

What is in it's mind a narrow range day (NR) and move tomorrow?

Update on Nifty Future

Sell Call got active and has given upto Target1(7676.8)  already.
Sell Below or Closer to 7593.55 Target1 - 7576.80  Target2 - 7548.70  Target3 - 7543.85 Target4 - 7520.55 Target5 - 7506.35 Target6 - 7492.15 Target7 - 7466.30 Target8 - 7440.45 S/L 7597.55-(aggr) /7621.40-(Cons).

Expect a rangebound day today with updward bias.

Pre-Market Levels For 25th 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 7584 and Strong above 7621.  7591-7615 and 7654-7661 Main Resistances and  7558-7563 Main Support. Day SAR is at 7545.80.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7597.55 Target1 - 7614.20  Target2 7642.40 Target3 - 7647.30  Target4 - 7670.55 Target5 - 7684.75 Target6 - 7698.95 Target7 - 7724.80 Target8 - 7750.65 S/L 7593.55-(aggr) /7569.70-(Cons)
OR
Buy Closer to or C.O Above 7543.85 Target1 - 7593.55-7597.55 Target2 - 7614.20  Target3 7642.40 Target4 - 7647.30  Target5 - 7670.55 Target6 - 7684.75 Target7 - 7698.95 Target8 - 7724.80 Target9 - 7750.65 S/L 7543.85 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7593.55 Target1 - 7576.80  Target2 - 7548.70  Target3 - 7543.85 Target4 - 7520.55 Target5 - 7506.35 Target6 - 7492.15 Target7 - 7466.30 Target8 - 7440.45 S/L 7597.55-(aggr) /7621.40-(Cons)
OR
Sell Closer to  or C.O Below 7647.25 Target1 - 7597.55-7593.55 Target2 - 7576.80  Target3 - 7548.70  Target4 - 7543.85 Target5 - 7520.55 Target6 - 7506.35 Target7 - 7492.15 Target8 - 7466.30 Target9 - 7440.45 S/L 7647.25 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15313 and Strong above 15395.  15454-15466 Main Resistances and 15233-15271 Main Support. Day SAR is at 15330.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15340.95 Target1 - 15355.60  Target2 15383.75 Target3 - 15411.90  Target4 - 15491.75 Target5 - 15569.20 Target6 - 15646.64 Target7 - 15724.08 Target8 - 15801.51 S/L 15332.85-(aggr) /15259.45-(Cons)
OR
Buy Closer to or C.O Above 15182.05 Target1 - 15332.85-15340.95 Target2 - 15355.60  Target3 15383.75 Target4 - 15411.90  Target5 - 15491.75 Target6 - 15569.20 Target7 - 15646.64 Target8 - 15724.08 Target9 - 15801.51 S/L 15182.05 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15332.85 Target1 - 15318.20  Target2 - 15290.10  Target3 - 15261.90 Target4 - 15182.05 Target5 - 15104.60 Target6 - 15027.15 Target7 - 14949.70 Target8 - 14872.30 S/L 15340.95-(aggr) /15414.35-(Cons)
OR
Sell Closer to  or C.O Below 15491.75 Target1 - 15340.95-15332.85 Target2 - 15318.20  Target3 - 15290.10  Target4 - 15261.90 Target5 - 15182.05 Target6 - 15104.60 Target7 - 15027.15 Target8 - 14949.70 Target9 - 14872.30 S/L 15491.75 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Nifty Spot Hourly EOD 24th June, 2014

Crossing of 7663 needed in next 3 days (15 Hour to be more precise)  for New High and failure may cause relebelling of the chart. Watch out for Black channel top resistance starting around 6525.

Update

Stocks Blog Updated.

F&O Cues

F&O Cues  Updated.

Murrey Math and Options data based position - EOD 24th June, 2014

Update on Nifty Future

Nothing to fear as long as Nifty Future is above 7580.75 /7554.80. Looking bullish for 7620-7640 today / tomorrow.

Nifty Future Update

Explaining today's trade. How you should have traded

The open was above Target1(7524.5) - Actual Open was 7525.6 and with S/L of Buy above or close to level i.e. 7507.75 one should have gone long.  The details of this kind of open is given under Pre-Market Levels Menu Item.

Update on Nifty Spot

7535 crucial number for the day.  Nifty must close above it EOD(End Of Day) for change of bias.

Pre-Market Levels For 24th 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 7495 and Strong above 7519.  7529 and 7552-7562 Main Resistances and  7490-7496 Main Support. Day SAR is at 7545.80.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7507.75 Target1 - 7524.50  Target2 7552.60 Target3 - 7554.80  Target4 - 7580.75 Target5 - 7592.30 Target6 - 7603.80 Target7 - 7628.32 Target8 - 7652.85 S/L 7503.75-(aggr) /7481.25-(Cons)
OR
Buy Closer to or C.O Above 7456.70 Target1 - 7503.75-7507.75 Target2 - 7524.50  Target3 7552.60 Target4 - 7554.80  Target5 - 7580.75 Target6 - 7592.30 Target7 - 7603.80 Target8 - 7628.32 Target9 - 7652.85 S/L 7456.70 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7503.75 Target1 - 7487.10  Target2 - 7458.90  Target3 - 7456.70 Target4 - 7430.75 Target5 - 7419.20 Target6 - 7407.70 Target7 - 7383.20 Target8 - 7358.65 S/L 7507.75-(aggr) /7530.25-(Cons)
OR
Sell Closer to  or C.O Below 7554.80 Target1 - 7507.75-7503.75 Target2 - 7487.10  Target3 - 7458.90  Target4 - 7456.70 Target5 - 7430.75 Target6 - 7419.20 Target7 - 7407.70 Target8 - 7383.20 Target9 - 7358.65 S/L 7554.80 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15105 and Strong above 15153.  15185-15207 and 15273 Main Resistances and 14979 Main Support. Day SAR is at 15330 and Banknifty is trading below it..
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15130.15 Target1 - 15144.80  Target2 15172.95 Target3 - 15201.10  Target4 - 15279.90 Target5 - 15356.80 Target6 - 15433.73 Target7 - 15510.65 Target8 - 15587.55 S/L 15122.05-(aggr) /15049.20-(Cons)
OR
Buy Closer to or C.O Above 15072.30 Target1 - 15122.05-15130.15 Target2 - 15144.80  Target3 15172.95 Target4 - 15201.10  Target5 - 15279.90 Target6 - 15356.80 Target7 - 15433.73 Target8 - 15510.65 Target9 - 15587.55 S/L 15072.30 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15222.05 Target1 - 15107.40  Target2 - 15079.20  Target3 - 15051.10 Target4 - 14972.30 Target5 - 14895.38 Target6 - 14818.45 Target7 - 14741.55 Target8 - 14664.65 S/L 15222.05-(Cons) or Day's High
OR
Sell Closer to  or C.O Below 15279.90 Target1 - 15130.15-15122.05 Target2 - 15107.40  Target3 - 15079.20  Target4 - 15051.10 Target5 - 14972.30 Target6 - 14895.38 Target7 - 14818.45 Target8 - 14741.55 Target9 - 14664.65 S/L 15279.90 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Nifty Spot Hourly Chart EOD 23rd June, 2014

Nifty Seems to be forming a flat correction in b-leg of e-leg of 2nd corrective and the chart modified accordingly. The e-leg itself is likely to form a flat too.

Update

Stocks Blog Updated with levels.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 23rd June, 2014

Update on Nifty Future

As expected the fall again came from near the ATP level of 7502 (Actual 7504).

Update on Nifty Future

 7551-7568 Main Resistance Prices got sold off in the morning from near 7551 level (7550 actual).
Again following call got active and reached upto Target3 already. :

Sell Below or Closer to 7523.35 Target1 - 7506.70  Target2 - 7478.50  Target3 - 7476.25 Target4 - 7450.35 Target5 - 7438.75 Target6 - 7427.15 Target7 - 7402.55 Target8 - 7378.00 S/L 7527.35-(aggr) /7549.90-(Cons)

Now the following call is active with day's low i.e 7465 as stoploss :

Buy Closer to or C.O Above 7476.25 Target1 - 7523.35-7527.35 Target2 - 7544.10  Target3 7572.20 Target4 - 7574.50  Target5 - 7600.35 Target6 - 7611.95 Target7 - 7623.55 Target8 - 7648.15 Target9 - 7672.70 S/L 7476.25 or Day's Low 

The ATP is at 7502 so first resistance will be around that level thereafter 7523.35-7527.35 level will resist.

Nifty is looking weak.

Pre-Market Levels For 23rd 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 7510 and Strong above 7528.  7551-7568 Main Resistance and 7457-7483 Main Support. Day SAR is at 7531.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7527.35 Target1 - 7544.10  Target2 7572.20 Target3 - 7574.50  Target4 - 7600.35 Target5 - 7611.95 Target6 - 7623.55 Target7 - 7648.15 Target8 - 7672.70 S/L 7523.35-(aggr) /7500.80-(Cons)
OR
Buy Closer to or C.O Above 7476.25 Target1 - 7523.35-7527.35 Target2 - 7544.10  Target3 7572.20 Target4 - 7574.50  Target5 - 7600.35 Target6 - 7611.95 Target7 - 7623.55 Target8 - 7648.15 Target9 - 7672.70 S/L 7476.25 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7523.35 Target1 - 7506.70  Target2 - 7478.50  Target3 - 7476.25 Target4 - 7450.35 Target5 - 7438.75 Target6 - 7427.15 Target7 - 7402.55 Target8 - 7378.00 S/L 7527.35-(aggr) /7549.90-(Cons)
OR
Sell Closer to  or C.O Below 7574.45 Target1 - 7527.35-7523.35 Target2 - 7506.70  Target3 - 7478.50  Target4 - 7476.25 Target5 - 7450.35 Target6 - 7438.75 Target7 - 7427.15 Target8 - 7402.55 Target9 - 7378.00 S/L 7574.45 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15025 and Strong above 15056.  15234-15284 Main Resistances and 14926-14972 Main Support. Day SAR is at 15330 and Banknifty is trading below it..
-------------------------------------------------------------------------------------------------------------------------
Buy in Range 14958.15-15058.15 Target1 - 15072.90  Target2 15101.00 Target3 - 15129.20  Target4 - 15209.75 Target5 - 15287.55 Target6 - 15365.35 Target7 - 15443.15 Target8 - 15520.95 S/L 14958.15.35 or Day's Low
OR
Buy in Range 14798.55-14898.55 Target1 - 15050.15-15058.15 Target2 - 15072.90  Target3 15101.00 Target4 - 15129.20  Target5 - 15209.75 Target6 - 15287.55 Target7 - 15365.35 Target8 - 15443.15 Target9 - 15520.95 S/L 14798.55 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell in Range 15050.15-15150.15 Target1 - 15035.50  Target2 - 15007.30  Target3 - 14979.15 Target4 - 14898.55 Target5 - 14820.75 Target6 - 14742.95 Target7 - 14665.15 Target8 - 14587.35 S/L 15150.15 or Day's High
OR
Sell in Range 15209.75-15309.75 Target1 - 15058.15-15050.15 Target2 - 15035.50  Target3 - 15007.30  Target4 - 14979.15 Target5 - 14898.55 Target6 - 14820.75 Target7 - 14742.95 Target8 - 14665.15 Target9 - 14587.35 S/L 15309.75 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Update on Nifty Spot

Crossing and sustaining above 7561 Nifty Spot will decide diametric completion or continuation.

Banknifty Spot H&S Formation

A Head and Shoulder formation in Banknifty Spot is visible and is likely to attempt 14550-14650 zone keeping below 15000. One need not worry if 15000 is held.

Update

Stocks and commodities Blog Updated.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 20th June, 2014

Update on day's performance of Nifty Future

The Sell call gave upto target2( 7513.3) today.

Sell Below or Closer to 7558.10 Target1 - 7541.40  Target2 - 7513.30  Target3 - 7508.20 Target4 - 7485.10 Target5 - 7470.70 Target6 - 7456.35 Target7 - 7430.41 Target8 - 7404.45 S/L 7562.10-(aggr) /7586.05-(Cons)

and earlier Buy call gave upto target1

Buy Above or Closer to 7562.10 Target1 - 7578.80  Target2 7606.95 Target3 - 7612.00  Target4 - 7635.10 Target5 - 7649.48 Target6 - 7663.85 Target7 - 7689.80 Target8 - 7715.75 S/L 7558.10-(aggr) /7534.15-(Cons)

* Target 1 is always - 50% profit booking zone.

Update

Nifty has closed below last week low and hence closing is Weak. 7525 plus closing (EOD) will recover strength in the market. Nifty is foxing with the structure. Trade the levels as charts can adjust.

Nifty Spot Hourly Chart

Holding the gap  area  near  7500 Nifty spot  if  now  breaks  out  above  7630-7640  in  faster retracement the b-leg may be assumed to be over and it may then have resumed the c-leg of e-leg of diametric of the 2nd corrective. f and g-leg's may adjust slightly if some more time is taken to complete the diametric.

Update

Nifty Future
Weak below 7540 and Strong above 7564.  7577-7583 Main Resistance 7525-7527 Main Support.
As blogged.

Update

Updated Commodities Blog.

Pre-Market Levels For 20th 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 7540 and Strong above 7564.  7577-7583 Main Resistance 7525-7527 Main Support.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7562.10 Target1 - 7578.80  Target2 7606.95 Target3 - 7612.00  Target4 - 7635.10 Target5 - 7649.48 Target6 - 7663.85 Target7 - 7689.80 Target8 - 7715.75 S/L 7558.10-(aggr) /7534.15-(Cons)
OR
Buy Closer to or C.O Above 7508.20 Target1 - 7558.10-7562.10 Target2 - 7578.80  Target3 7606.95 Target4 - 7612.00  Target5 - 7635.10 Target6 - 7649.48 Target7 - 7663.85 Target8 - 7689.80 Target9 - 7715.75 S/L 7508.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7558.10 Target1 - 7541.40  Target2 - 7513.30  Target3 - 7508.20 Target4 - 7485.10 Target5 - 7470.70 Target6 - 7456.35 Target7 - 7430.41 Target8 - 7404.45 S/L 7562.10-(aggr) /7586.05-(Cons)
OR
Sell Closer to  or C.O Below 7612.00 Target1 - 7562.10-7558.10 Target2 - 7541.40  Target3 - 7513.30  Target4 - 7508.20 Target5 - 7485.10 Target6 - 7470.70 Target7 - 7456.35 Target8 - 7430.41 Target9 - 7404.45 S/L 7612.00 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15037 and Strong above 15110.  15213-15224 and 15295 Main Resistances. 14950-15000 Main Support.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15115.85 Target1 - 15130.50  Target2 15158.70 Target3 - 15186.80   Target4 - 15213-15224  Target5 - 15281.10-15295 Target6 - 15365.70 Target7 - 15450.35 Target8 - 15534.95  S/L 15107.85-(aggr) /15027.25-(Cons)
OR
Buy Closer to or C.O Above 14942.60 Target1 - 15107.85-15115.85 Target2 - 15130.50  Target3 15158.70 Target4 - 15186.80   Target5 -15213-15224  Target6 - 15281.10-15295 Target7 - 15365.70 Target8 - 15450.35 Target9 - 15534.95  S/L 14942.60 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15107.84 Target1 - 15093.10  Target2 - 15065.00  Target3 - 15036.85 Target4 - 14942.61 Target5 - 14858.00 Target6 - 14773.37 Target7 - 14688.75 Target8 - 14604.13 S/L 15115.86-(aggr) /15196.45-(Cons)
OR
Sell Closer to  or C.O Below 15281.10 Target1 - 15115.86-15107.84 Target2 - 15093.10  Target3 - 15065.00  Target4 - 15036.85 Target5 - 14942.61 Target6 - 14857.99 Target7 - 14773.35 Target8 - 14688.75 Target9 - 14604.13 S/L 15281.10 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Update

Stocks Blog Updated.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 19th June, 2014

Update

Market got support close to buy level 7518.45 and now having a pullback.

Update on Nifty Future

Weakness is evident 7500 will be tested today? Sell call running.

Pre-Market Levels For 19th 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 7560 and Strong above 7679.  
Nifty Future (7524/28-7555-7567-7679-7589-7595/7600)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7571.40 Target1 - 7588.10  Target2 7616.25 Target3 - 7620.40  Target4 - 7644.40 Target5 - 7657.85 Target6 - 7671.30 Target7 - 7696.80 Target8 - 7722.30 S/L 7567.40-(aggr) /7543.90-(Cons)
OR
Buy Closer to or C.O Above 7518.45 Target1 - 7567.40-7571.40 Target2 - 7588.10  Target3 7616.25 Target4 - 7620.40  Target5 - 7644.40 Target6 - 7657.85 Target7 - 7671.30 Target8 - 7696.80 Target9 - 7722.30 S/L 7518.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7567.40 Target1 - 7550.70  Target2 - 7522.50  Target3 - 7518.45 Target4 - 7494.40 Target5 - 7480.95 Target6 - 7467.50 Target7 - 7442.00 Target8 - 7416.50 S/L 7571.40-(aggr) /7594.90-(Cons)
OR
Sell Closer to  or C.O Below 7620.35 Target1 - 7571.40-7567.40 Target2 - 7550.70  Target3 - 7522.50  Target4 - 7518.45 Target5 - 7494.40 Target6 - 7480.95 Target7 - 7467.50 Target8 - 7442.00 Target9 - 7416.50 S/L 7620.35 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future Weak below 15233 and Strong above 15269.  
Banknifty Future(15233-15269-15284-15303/13-15355) 
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15255.15 Target1 - 15269.80  Target2 15297.95 Target3 - 15326.10  Target4 - 15422.15 Target5 - 15507.70 Target6 - 15593.20 Target7 - 15678.75 Target8 - 15764.30 S/L 15247.05-(aggr) /15165.55-(Cons)
OR
Buy Closer to or C.O Above 15080.05 Target1 - 15247.05-15255.15 Target2 - 15269.80  Target3 15297.95 Target4 - 15326.10  Target5 - 15422.15 Target6 - 15507.70 Target7 - 15593.20 Target8 - 15678.75 Target9 - 15764.30 S/L 15080.05 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15247.05 Target1 - 15232.40  Target2 - 15204.20  Target3 - 15176.10 Target4 - 15080.05 Target5 - 14994.50 Target6 - 14909.00 Target7 - 14823.45 Target8 - 14737.90 S/L 15255.15-(aggr) /15336.65-(Cons)
OR
Sell Closer to  or C.O Below 15422.15 Target1 - 15255.15-15247.05 Target2 - 15232.40  Target3 - 15204.20  Target4 - 15176.10 Target5 - 15080.05 Target6 - 14994.50 Target7 - 14909.00 Target8 - 14823.45 Target9 - 14737.90 S/L 15422.15 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Nifty Spot Hourly Chart EOD 18th Jun, 2014

Holding the gap Zone near 7500 the below structure is valid and may complete the diametric in 1-2 days. Probably  we are in e-leg of the now and another 2-legs namely f-leg and g-leg are pending hereafter to complete b-leg of the e-leg of the 2nd corrective.  Break of gap area is crucial and will require relabelling.

Update

Stocks Blog Updated.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 18th June, 2014

Nifty Spot Daily Chart

As we can see break of 7500 can bring in a fast fall in the market. The movement of last couple of days is looking risky for Nifty. FII participation has reduced and DII's are selling. There is a possibility of a fall towards 7200-7300 in such a case. Caution is needed.

Nifty Hourly Chart

     A diametric may be in the offering as b-leg of the e-leg of the 2nd corrective.

Update on Banknifty Future

Even Banknifty Future Sell Call gave upto Target 5.

Sell Below or Closer to 15440.25 Target1 - 15425.60  Target2 - 15397.40  Target3 - 15369.30 Target4 - 15275.55 Target5 - 15191.15 Target6 - 15106.75 Target7 - 15022.40 Target8 - 14938.00 S/L 15448.35-(aggr) /15528.70-(Cons)

Update on Nifty Future

The Sell Call :
Sell Below or Closer to 7655.40 Target1 - 7638.70  Target2 - 7610.50  Target3 - 7608.15 Target4 - 7582.40 Target5 - 7570.64 Target6 - 7558.90 Target7 - 7534.25 Target8 - 7509.60 S/L 7659.40-(aggr) /7682.03-(Cons)

Achieved upto target 7 already. 

Update

7678.5 needs to be retraced by Nifty Spot today.

Update

Commodities Blog updated with levels for the day.

Update

It was given :
Nifty Future Weak below 7634 and strong above 7667.  

and Nifty Future has been in the range only.

Pre-Market Levels For 18th 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 7634 and strong above 7667.  
Nifty Future (7586/7596-7608/7620-7634-7655/59-7667-7678/83-7704/14)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7659.40 Target1 - 7676.10  Target2 7704.25 Target3 - 7706.70  Target4 - 7732.40 Target5 - 7744.15 Target6 - 7755.90 Target7 - 7780.55 Target8 - 7805.20 S/L 7655.40-(aggr) /7632.75-(Cons)
OR
Buy Closer to or C.O Above 7608.15 Target1 - 7655.40-7659.40 Target2 - 7676.10  Target3 7704.25 Target4 - 7706.70  Target5 - 7732.40 Target6 - 7744.15 Target7 - 7755.90 Target8 - 7780.55 Target9 - 7805.20 S/L 7608.15 or Day's Low 
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7655.40 Target1 - 7638.70  Target2 - 7610.50  Target3 - 7608.15 Target4 - 7582.40 Target5 - 7570.64 Target6 - 7558.90 Target7 - 7534.25 Target8 - 7509.60 S/L 7659.40-(aggr) /7682.03-(Cons)
OR
Sell Closer to  or C.O Below 7706.65 Target1 - 7659.40-7655.40 Target2 - 7638.70  Target3 - 7610.50  Target4 - 7608.15 Target5 - 7582.40 Target6 - 7570.64 Target7 - 7558.90 Target8 - 7534.25 Target9 - 7509.60 S/L 7706.65 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future(15235-15314-15392/95-15462/86-15501-15563-15601-15667/70) 
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15448.35 Target1 - 15463.00  Target2 15491.15 Target3 - 15519.30  Target4 - 15613.05 Target5 - 15697.45 Target6 - 15781.85 Target7 - 15866.20 Target8 - 15950.60 S/L 15440.25-(aggr) /15359.90-(Cons)
OR
Buy Closer to or C.O Above 15275.55 Target1 - 15440.25-15448.35 Target2 - 15463.00  Target3 15491.15 Target4 - 15519.30  Target5 - 15613.05 Target6 - 15697.45 Target7 - 15781.85 Target8 - 15866.20 Target9 - 15950.60 S/L 15275.55 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15440.25 Target1 - 15425.60  Target2 - 15397.40  Target3 - 15369.30 Target4 - 15275.55 Target5 - 15191.15 Target6 - 15106.75 Target7 - 15022.40 Target8 - 14938.00 S/L 15448.35-(aggr) /15528.70-(Cons)
OR
Sell Closer to  or C.O Below 15613.05 Target1 - 15448.35-15440.25 Target2 - 15425.60  Target3 - 15397.40  Target4 - 15369.30 Target5 - 15275.55 Target6 - 15191.15 Target7 - 15106.75 Target8 - 15022.40 Target9 - 14938.00 S/L 15613.05 or Day's High  
--------------------------------------------------------------------------------------------------------------------

Update

Few doubts to be clarified on the Nifty Spot Chart structure in a day or two. Need to watch the price behaviour to finalize labelling.

Update

Stocks Blog Updated with Levels for the day.

F&O Cues

F&O Cues Updated.

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

Update

c-leg of e-leg of 2nd corrective diametric  has opened. Good to see. 

Update on Nifty Future

Short S/L hit time to look for longs. Above 7570 Bullish especially above 7589.

Update on Nifty Future

By 50% booking rule - 7540.5 was target1 and 50% profit booking point.

Update

Now on the verge of buy call trigger, keep 7570 as S/L for Shorts in Nifty Future.

Update

Commodities Blog Updated with Levels for the day.

Update on Nifty and Banknifty Future

Sell Call running for Both Nifty and Banknifty Future intraday. Try for 3/4 Targets Maximum

Sell Below or Closer to 7557.20 Target1 - 7540.50  Target2 - 7513.20  Target3 - 7512.35 Target4 - 7484.20 Target5 - 7475.70 Target6 - 7467.15 Target7 - 7444.15 Target8 - 7421.15 S/L 7561.20-(aggr) /7582.20-(Cons)
Sell Below or Closer to 15086.00 Target1 - 15071.30  Target2 - 15043.20  Target3 - 15015.00 Target4 - 14933.90 Target5 - 14855.85 Target6 - 14777.75 Target7 - 14699.70 Target8 - 14621.65 S/L 15094.00-(aggr) /15168.06-(Cons)

Pre-Market Levels For 17th 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 7532 and strong above 7556.  7576-79 is the vital level or Key Numbers.
Nifty Future (7511-7532-7556-7576/82-7589-7615/24) Below 7532 Weakness Above 7556 Strength
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7561.20 Target1 - 7577.90  Target2 7605.20 Target3 - 7606.10  Target4 - 7634.20 Target5 - 7642.72 Target6 - 7651.25 Target7 - 7674.24 Target8 - 7697.25 S/L 7557.20-(aggr) /7536.20-(Cons)
OR
Buy Closer to or C.O Above 7513.20 Target1 - 7557.20-7561.20 Target2 - 7577.90  Target3 7605.20 Target4 - 7606.10  Target5 - 7634.20 Target6 - 7642.72 Target7 - 7651.25 Target8 - 7674.24 Target9 - 7697.25 S/L 7513.20 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7557.20 Target1 - 7540.50  Target2 - 7513.20  Target3 - 7512.35 Target4 - 7484.20 Target5 - 7475.70 Target6 - 7467.15 Target7 - 7444.15 Target8 - 7421.15 S/L 7561.20-(aggr) /7582.20-(Cons)
OR
Sell Closer to  or C.O Below 7605.20 Target1 - 7561.20-7557.20 Target2 - 7540.50  Target3 - 7513.20  Target4 - 7512.35 Target5 - 7484.20 Target6 - 7475.70 Target7 - 7467.15 Target8 - 7444.15 Target9 - 7421.15 S/L 7605.20 or Day's High
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future(14823-15007/68-15191/199-15224/9-15306/14-15369/71-15395) - 15156 Plus will indicate Strength
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15094.00 Target1 - 15108.70  Target2 15136.85 Target3 - 15165.00  Target4 - 15246.10 Target5 - 15324.15 Target6 - 15402.25 Target7 - 15480.30 Target8 - 15558.35 S/L 15086.00-(aggr) /15011.95-(Cons)
OR
Buy Closer to or C.O Above 14933.90 Target1 - 15086.00-15094.00 Target2 - 15108.70  Target3 15136.85 Target4 - 15165.00  Target5 - 15246.10 Target6 - 15324.15 Target7 - 15402.25 Target8 - 15480.30 Target9 - 15558.35 S/L 14933.90 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15086.00 Target1 - 15071.30  Target2 - 15043.20  Target3 - 15015.00 Target4 - 14933.90 Target5 - 14855.85 Target6 - 14777.75 Target7 - 14699.70 Target8 - 14621.65 S/L 15094.00-(aggr) /15168.06-(Cons)
OR
Sell Closer to  or C.O Below 15246.10 Target1 - 15094.00-15086.00 Target2 - 15071.30  Target3 - 15043.20  Target4 - 15015.00 Target5 - 14933.90 Target6 - 14855.85 Target7 - 14777.75 Target8 - 14699.70 Target9 - 14621.65 S/L 15246.10 or Day's High
--------------------------------------------------------------------------------------------------------------------

Update

Stocks Blog Updated with Levels for the day.

F&O Cues

F&O Cues Updated.

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

Update

Nifty Future is facing resistance near 7570 since yesterday and remains the critical level to overcome.

Update

As anticipated Nifty has obliged by moving up.

Update on Nifty Future

Nifty likely to go up and make a higher high for the day by EOD as par present structure.

Update

Bulls not yet in control. Nifty Future Below 7542 will remain weak.

Update

15163.5 Plus more bullishness in Banknifty Future.

Update

7520 will be key for intraday Nifty Spot Trading.

Update on Nifty Spot

Nifty Spot it out of downtrending channel after completing b-leg of e-leg of 2nd corrective as Elongated Flat. So, with the day's low as Stop Loss, one can go long easily positionally for c-leg up of e-leg of diametric from here.

Update on Nifty Future

7565-7575 range may provide some resistance.

Update

Target3 (7513 Done), weakness only below 7513(Sustaining). Shorts should book complete Profit here.

Update

Sell call reached target1 7541.3(50% profit Booking) already and low made upto now is 7528.10. As long as Nifty Future Trading below 7542 it is in bear zone above 7562 bull Zone.

Update

15212.5 Crucial for Banknifty Future by EOD / intraday.

Pre-Market Levels For 16th 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 7542 and strong above 7561.  7589 is the vital level or Key Number.
Nifty Future (7515-7526-7542/49-7561-7581-7605/13-7640-7653/57)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7562.00 Target1 - 7578.70  Target2 7606.70 Target3 - 7606.90  Target4 - 7635.00 Target5 - 7644.20 Target6 - 7653.40 Target7 - 7676.75 Target8 - 7700.10 S/L 7558.00-(aggr) /7536.65-(Cons)
OR
Buy Closer to or C.O Above 7513.30 Target1 - 7558.00-7562.00 Target2 - 7578.70  Target3 7606.70 Target4 - 7606.90  Target5 - 7635.00 Target6 - 7644.20 Target7 - 7653.40 Target8 - 7676.75 Target9 - 7700.10 S/L 7513.30 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7558.00 Target1 - 7541.30  Target2 - 7513.30  Target3 - 7513.15 Target4 - 7485.00 Target5 - 7475.80 Target6 - 7466.60 Target7 - 7443.25 Target8 - 7419.90 S/L 7562.00-(aggr) /7583.35-(Cons)
OR
Sell Closer to  or C.O Below 7606.70 Target1 - 7562.00-7558.00 Target2 - 7541.30  Target3 - 7513.30  Target4 - 7513.15 Target5 - 7485.00 Target6 - 7475.80 Target7 - 7466.60 Target8 - 7443.25 Target9 - 7419.90 S/L 7606.70 or Day's High
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future(15000-15130-15314/34-15416/22-15465-15488/99-15518/23)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15167.50 Target1 - 15182.20  Target2 15210.35 Target3 - 15238.50  Target4 - 15320.00 Target5 - 15398.30 Target6 - 15476.55 Target7 - 15554.80 Target8 - 15633.05 S/L 15159.50-(aggr) /15085.25-(Cons)
OR
Buy Closer to or C.O Above 15007.00 Target1 - 15159.50-15167.50 Target2 - 15182.20  Target3 15210.35 Target4 - 15238.50  Target5 - 15320.00 Target6 - 15398.30 Target7 - 15476.55 Target8 - 15554.80 Target9 - 15633.05 S/L 15007.00 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15159.50 Target1 - 15144.80  Target2 - 15116.70  Target3 - 15088.50 Target4 - 15007.00 Target5 - 14928.70 Target6 - 14850.45 Target7 - 14772.20 Target8 - 14693.95 S/L 15167.50-(aggr) /15241.75-(Cons)
OR
Sell Closer to  or C.O Below 15320.00 Target1 - 15167.50-15159.50 Target2 - 15144.80  Target3 - 15116.70  Target4 - 15088.50 Target5 - 15007.00 Target6 - 14928.70 Target7 - 14850.45 Target8 - 14772.20 Target9 - 14693.95 S/L 15320.00 or Day's High
--------------------------------------------------------------------------------------------------------------------

Update

Stocks and Commodities Blog Updated with Calls for the day.

Update

F&O Cues Updated.

Murrey Math and Options data based position - EOD 13th June, 2014

Banknifty Spot Hourly Chart

Watch for channel Breakout or continuation

15248+ Bulls in Control

15098   Crucial to hold

14912   Last Support

Update on Nifty Spot Hourly Chart EOD 13th Jun, 2013

Watch for channel Breakout or continuation
7564 +             Bulls in command
7522                 Big Support
7484.7-7503.7 Gap area Bigger support 

Update

7570 giving resistance to Nifty Future. Crossing this will give sharp upmove.

Update

Always follow the Pre-market Levels as charts can adjust. It has given efficient buy and sell calls.

Update on Nifty Spot

Triangle assumption invalidated by Nifty Price movement. Now we are left with b-leg under e-leg of diametric. We have to see if it has completed at the day's low at 7531.15 or further downside is left today / monday. Please refer 11th June chart under Nifty for lower targets.  If the market moves up 7622 Nifty Spot the b-leg will be assumed over and c-leg up will be assumed to have resumed. 7522 is the big support

Update

Price is approaching a crucial support 7522 given on 11th June (See chart under head Nifty).

Update on Banknifty future

Banknifty Future buy call invoked in the morning near 15540.4 has done almost upto target 4 (15696.1), 15690 day's high till now.

Triangle Status in Nifty Spot dated 13th Jun, 2014

The triangle may be complete. 
Triangle Targets
7929
7809
7764
7734
7704
Earlier e-leg Targets
7939
7823
7718

Market may complete the e-leg of the 2nd corrective somewhere near these values.
Timewise may be another 8 days left minimum. one can guess the next target after
a level is crossed i.e. if 7764 is crossed 7809-7823 will be the target and likewise.
Buy on dips and hold longs.

Update

Buy triggered.

Pre-Market Levels For 13th 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 (7654-7677-7701-7731-7745/54)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7666.65 Target1 - 7683.30  Target2 7711.50 Target3 - 7715.20  Target4 - 7739.65 Target5 - 7752.67 Target6 - 7765.70 Target7 - 7790.95 Target8 - 7816.20 S/L 7662.65-(aggr) /7639.40-(Cons)
OR
Buy Closer to or C.O Above 7614.15 Target1 - 7662.65-7666.65 Target2 - 7683.30  Target3 7711.50 Target4 - 7715.20  Target5 - 7739.65 Target6 - 7752.65 Target7 - 7765.70 Target8 - 7790.95 Target9 - 7816.20 S/L 7614.15 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7662.65 Target1 - 7645.90  Target2 - 7617.80  Target3 - 7614.15 Target4 - 7589.65 Target5 - 7576.65 Target6 - 7563.60 Target7 - 7538.35 Target8 - 7513.10 S/L 7666.65-(aggr) /7689.90-(Cons)
OR
Sell Closer to  or C.O Below 7715.15 Target1 - 7666.65-7662.65 Target2 - 7645.90  Target3 - 7617.80  Target4 - 7614.15 Target5 - 7589.65 Target6 - 7576.65 Target7 - 7563.60 Target8 - 7538.35 Target9 - 7513.10 S/L 7715.15 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future(15287-15561/79-15671/76-15814-16076)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15540.40 Target1 - 15555.00  Target2 15583.20 Target3 - 15611.30  Target4 - 15696.10 Target5 - 15775.95 Target6 - 15855.85 Target7 - 15935.70 Target8 - 16015.60 S/L 15532.30-(aggr) /15456.50-(Cons)
OR
Buy Closer to or C.O Above 15376.60 Target1 - 15532.30-15540.40 Target2 - 15555.00  Target3 15583.20 Target4 - 15611.30  Target5 - 15696.10 Target6 - 15775.95 Target7 - 15855.85 Target8 - 15935.70 Target9 - 16015.60 S/L 15376.60 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15532.30 Target1 - 15517.60  Target2 - 15489.50  Target3 - 15461.35 Target4 - 15376.60 Target5 - 15296.75 Target6 - 15216.85 Target7 - 15137.00 Target8 - 15057.10 S/L 15540.40-(aggr) /15616.20-(Cons)
OR
Sell Closer to  or C.O Below 15696.10 Target1 - 15540.40-15532.30 Target2 - 15517.60  Target3 - 15489.50  Target4 - 15461.35 Target5 - 15376.60 Target6 - 15296.75 Target7 - 15216.85 Target8 - 15137.00 Target9 - 15057.10 S/L 15696.10 or Day's High  
-------------------------------------------------------------------------------------------------------------------- 

Update

Stocks blog has been updated with levels for the day.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 11th June, 2014

Update

Nifty kept in balance, simple buy low and sell high, buy in dips trend. Options decay etc. getting taken care of. Ideally triangle is the preferred count till now.  So, after the completion of this upmove (may be at a higher high), one more sharp fall may happen(like the other two). 

Update

Day's High Crucial for Nifty. 

Update

High Speed both side moves usually a nature of triangles. 7579.3 crucial for Nifty Spot.

Update on Nifty Future

Today it is clear sell below 7632 and clear buy above 7650 for Nifty Future. Above 7650 only longs.

Update

Expect lot of volatility.

Update on Banknifty Future

Below 15345 only real weakness of Banknifty may come and it may fall towards 15227. 15345-15395 significant support zone.

Update on Nifty Future

Today it is clear sell below 7632 and clear buy above 7650 for Nifty Future.

Pre-Market Levels For 12th 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 (7563-7581/88-7605/10-7632/34-7650-7663/66)
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Buy Above or Closer to 7639.15 Target1 - 7655.80  Target2 7684.00 Target3 - 7688.90  Target4 - 7712.15 Target5 - 7726.40 Target6 - 7740.65 Target7 - 7766.50 Target8 - 7792.40 S/L 7635.15-(aggr) /7611.25-(Cons)
OR
Buy Closer to or C.O Above 7585.40 Target1 - 7635.15-7639.15 Target2 - 7655.80  Target3 7684.00 Target4 - 7688.90  Target5 - 7712.15 Target6 - 7726.40 Target7 - 7740.65 Target8 - 7766.50 Target9 - 7792.40 S/L 7585.40 or Day's Low
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Sell Below or Closer to 7635.15 Target1 - 7618.40  Target2 - 7590.30  Target3 - 7585.40 Target4 - 7562.15 Target5 - 7547.90 Target6 - 7533.65 Target7 - 7507.75 Target8 - 7481.90 S/L 7639.15-(aggr) /7663.00-(Cons)
OR
Sell Closer to  or C.O Below 7688.90 Target1 - 7639.15-7635.15 Target2 - 7618.40  Target3 - 7590.30  Target4 - 7585.40 Target5 - 7562.15 Target6 - 7547.90 Target7 - 7533.65 Target8 - 7507.75 Target9 - 7481.90 S/L 7688.90 or Day's High  
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Banknifty Future(15314-15410-15476/82-15548/58-15574-15620-15641/63)
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Buy Above or Closer to 15478.85 Target1 - 15493.50  Target2 15521.65 Target3 - 15549.80  Target4 - 15639.25 Target5 - 15721.50 Target6 - 15803.75 Target7 - 15886.00 Target8 - 15968.20 S/L 15470.75-(aggr) /15392.55-(Cons)
OR
Buy Closer to or C.O Above 15310.35 Target1 - 15470.75-15478.85 Target2 - 15493.50  Target3 15521.65 Target4 - 15549.80  Target5 - 15639.25 Target6 - 15721.50 Target7 - 15803.75 Target8 - 15886.00 Target9 - 15968.20 S/L 15310.35 or Day's Low
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Sell Below or Closer to 15470.75 Target1 - 15456.10  Target2 - 15427.90  Target3 - 15399.80 Target4 - 15310.35 Target5 - 15228.10 Target6 - 15145.85 Target7 - 15063.60 Target8 - 14981.40 S/L 15478.85-(aggr) /15557.05-(Cons)
OR
Sell Closer to  or C.O Below 15639.25 Target1 - 15478.85-15470.75 Target2 - 15456.10  Target3 - 15427.90  Target4 - 15399.80 Target5 - 15310.35 Target6 - 15228.10 Target7 - 15145.85 Target8 - 15063.60 Target9 - 14981.40 S/L 15639.25 or Day's High  
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Nifty Spot Hourly Chart EOD 11th June, 2014

If 7579.3 is broken the the contracting triangle assumption will be out and a flat correction will come in with the move as b-leg inside e-leg of the 2nd corrective.
The retracement levels are :
7607 - 23.6%
7560 - 38.3%
7522 - 50%
7484 - 61.8%

Flat 
c=a gives 7597 (done)
c=1.618 x a gives about 7522

7522 is a genuine buying or support level for Nifty Spot if price breaks 7579.3.

Update

Stocks Blog Update with Levels for the Day.

Update

F&O Cues Updated.

Murrey Math and Options data based position - EOD 11th June, 2014

Update

Buy call gave up around 7655 plus level.

Update

Nifty is repeatedly trying to break 7600 level and demonstrating weakness.  Nifty may go towards 7528-7558 range. If it happens the charts would have to be revisited.

Update

Buy triggered. Keep 7600 as s/l. If s/l triggers but price scales above 7618.25 once again one needs to go long.

Update on Nifty Future

Price approaching another buying level.
Buy Closer to or C.O Above 7618.25 Target1 - 7666.30-7670.30 Target2 - 7687.00  Target3 7715.15 Target4 - 7718.40  Target5 - 7743.30 Target6 - 7755.85 Target7 - 7768.45 Target8 - 7793.50 Target9 - 7818.50 S/L 7618.25 or Day's Low 

Update on Nifty Spot

If  one more low is made then we have to assume that c-leg of the Contracting triangle was not over at 7615.2 and if it holds then that was the point. Anyway yesterday's low (7579.3) shouldn't be broken under any circumstances by the c-leg.

Update

Needless to say market will go up from here and make a higher high and fall again for one more last time, if the triangle assumption is correct.

Nifty Spot Hourly

    Likely Contracting running triangle going on as b of e-leg of diametric.

Update on Nifty Future

Both buy call and sell call gave upto Target2.

Update

Triangular behaviour. in b-leg of e-leg of diametric.

Update on Nifty Spot

7683.2 Plus chances of Nifty attempting 7720-7750 and prices will remain weak below 7683.2. However all dips must be bought with S/L of 7563.5(sustaining below).

Pre-Market Levels For 11th 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 (7581-7626/7634-7659-7681/7690-7700-7720)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7670.30 Target1 - 7687.00  Target2 7715.15 Target3 - 7718.40  Target4 - 7743.30 Target5 - 7755.85 Target6 - 7768.45 Target7 - 7793.50 Target8 - 7818.50 S/L 7666.30-(aggr) /7643.26-(Cons)
OR
Buy Closer to or C.O Above 7618.25 Target1 - 7666.30-7670.30 Target2 - 7687.00  Target3 7715.15 Target4 - 7718.40  Target5 - 7743.30 Target6 - 7755.85 Target7 - 7768.45 Target8 - 7793.50 Target9 - 7818.50 S/L 7618.25 or Day's Low 
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Sell Below or Closer to 7666.30 Target1 - 7649.60  Target2 - 7621.40  Target3 - 7618.25 Target4 - 7593.30 Target5 - 7580.75 Target6 - 7568.15 Target7 - 7543.10 Target8 - 7518.10 S/L 7670.30-(aggr) /7693.34-(Cons)
OR
Sell Closer to  or C.O Below 7718.35 Target1 - 7670.30-7666.30 Target2 - 7649.60  Target3 - 7621.40  Target4 - 7618.25 Target5 - 7593.30 Target6 - 7580.75 Target7 - 7568.15 Target8 - 7543.10 Target9 - 7518.10 S/L 7718.35 or Day's High  
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Banknifty Future(15157-15315-15489-15511-15563-15593/15608)
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Buy Above or Closer to 15478.05 Target1 - 15492.70  Target2 15520.85 Target3 - 15549.00  Target4 - 15637.45 Target5 - 15719.15 Target6 - 15800.89 Target7 - 15882.60 Target8 - 15964.33 S/L 15469.95-(aggr) /15392.30-(Cons)
OR
Buy Closer to or C.O Above 15310.55 Target1 - 15469.95-15478.05 Target2 - 15492.70  Target3 15520.85 Target4 - 15549.00  Target5 - 15637.45 Target6 - 15719.15 Target7 - 15800.89 Target8 - 15882.60 Target9 - 15964.33 S/L 15310.55 or Day's Low 
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Sell Below or Closer to 15469.95 Target1 - 15455.30  Target2 - 15427.20  Target3 - 15399.00 Target4 - 15310.55 Target5 - 15228.85 Target6 - 15147.11 Target7 - 15065.40 Target8 - 14983.65 S/L 15478.05-(aggr) /15555.70-(Cons)
OR
Sell Closer to  or C.O Below 15637.45 Target1 - 15478.05-15469.95 Target2 - 15455.30  Target3 - 15427.20  Target4 - 15399.00 Target5 - 15310.55 Target6 - 15228.85 Target7 - 15147.11 Target8 - 15065.40 Target9 - 14983.65 S/L 15637.45 or Day's High  
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Nifty Spot Hourly Chart EOD 10th June, 2014

e-leg of the 2nd corrective on course and may have the following targets in another 11 days or more 

7718         - Target 1

7823         - Target 2

7938         - Target 3

Worry only if Nifty spot starts trading below 7563.5.

Update

Stocks Blog updated with Levels for the day 11th June, 2014 for a few stocks.

F&O Cues

F&O Cues Updated.

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

Update on Nifty Future

Sell Call got activated at open and reached upto target5.

Update on Nifty Future

One can go long with day's low as s/l from here.  Safe long will be above 7620.05 (when price starts sustaining above).

Update on Nifty Spot

Close below 7580.25 only can weaken the trend.

Fresh Call for Nifty Future

Buy Closer to or C.O Above 7620.05 Target1 - 7667.75-7671.75 Target2 - 7688.50  Target3 7716.60 Target4 - 7719.50  Target5 - 7744.75 Target6 - 7756.95 Target7 - 7769.16 Target8 - 7794.01 Target9 - 7818.85 S/L 7620.05 or Day's Low

Now active.

Pre-Market Levels For 10th 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 (7649-7657/7661-7686-7700-7720/7726)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7671.75 Target1 - 7688.50  Target2 7716.60 Target3 - 7719.50  Target4 - 7744.75 Target5 - 7756.95 Target6 - 7769.16 Target7 - 7794.01 Target8 - 7818.85 S/L 7667.75-(aggr) /7644.90-(Cons)
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Sell Below or Closer to 7667.75 Target1 - 7651.10  Target2 - 7622.90  Target3 - 7620.05 Target4 - 7594.75 Target5 - 7582.55 Target6 - 7570.35 Target7 - 7545.50 Target8 - 7520.65 S/L 7671.75-(aggr) /7694.60-(Cons)
OR
Sell Closer to  or C.O Below 7719.45 Target1 - 7671.75-7667.75 Target2 - 7651.10  Target3 - 7622.90  Target4 - 7620.05 Target5 - 7594.75 Target6 - 7582.55 Target7 - 7570.35 Target8 - 7545.50 Target9 - 7520.65 S/L 7719.45 or Day's High  
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Banknifty Future(15385/15418-15617-15750)
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15587.70 Target1 - 15602.40  Target2 15630.50 Target3 - 15658.70  Target4 - 15749.85 Target5 - 15832.95 Target6 - 15916.06 Target7 - 15999.15 Target8 - 16082.25 S/L 15579.60-(aggr) /15500.55-(Cons)
OR
Buy Closer to or C.O Above 15417.45 Target1 - 15579.60-15587.70 Target2 - 15602.40  Target3 15630.50 Target4 - 15658.70  Target5 - 15749.85 Target6 - 15832.95 Target7 - 15916.06 Target8 - 15999.15 Target9 - 16082.25 S/L 15417.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15579.60 Target1 - 15565.00  Target2 - 15536.80  Target3 - 15508.65 Target4 - 15417.45 Target5 - 15334.35 Target6 - 15251.25 Target7 - 15168.15 Target8 - 15085.05 S/L 15587.70-(aggr) /15666.75-(Cons)
OR
Sell Closer to  or C.O Below 15749.85 Target1 - 15587.70-15579.60 Target2 - 15565.00  Target3 - 15536.80  Target4 - 15508.65 Target5 - 15417.45 Target6 - 15334.35 Target7 - 15251.25 Target8 - 15168.15 Target9 - 15085.05 S/L 15749.85 or Day's High  
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