Thursday, July 31, 2014

Update in Nifty Future

Nifty Sell Call reached almost upto Target4 7713.3 till now. Bias change for the first time. Tomorrow new expiry starts.

Update

Still within Sell Target1(7769.60) -10 = 7759.10 range and can pullback to Buy Target1(7807).

Update on Nifty Spot

Important to trade and sustain above 7798.7 during the day else weakness / selling may come up.

Update on Nifty Future

Go resistance and selling from Sell Level1(7786.3)

Update on Nifty Future

Normal Opening and normal trading range is the first minimum expectation i.e. Sell Level Target1(7769.6) - Buy Level Target1(7807).

Pre-Market Levels For 31st July, 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 7785 and Strong above 7798.   Main Support 7756-7764 and 7770-7777 and  Main Resistances 7809-7819 and 7827-7837.   7805 is Day Shocker.  Day SAR is at 7642.  7743 (Sustaining Below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 7790.30 Target1 - 7807.00  Target2 7835.15 Target3 - 7837.60  Target4 - 7863.30 Target5 - 7875.10 Target6 - 7886.90 Target7 - 7911.55 Target8 - 7936.20 S/L 7786.30-(aggr) /7763.65-(Cons)
OR
Buy Closer to or C.O Above 7739.00 - 7741.40  Target1 - 7769.60  Target2 - 7786.30-7790.30 Target3 - 7807.00  Target4 7835.15 Target5 - 7837.60  Target6 - 7863.30 Target7 - 7875.10 Target8 - 7886.90 Target9 - 7911.55 Target10 - 7936.20 S/L 7739.00 or Day's Low 
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Sell Below or Closer to 7786.30 Target1 - 7769.60  Target2 - 7741.40  Target3 - 7739.00 Target4 - 7713.30 Target5 - 7701.50 Target6 - 7689.70 Target7 - 7665.05 Target8 - 7640.40 S/L 7790.30-(aggr) /7812.95-(Cons)
OR
Sell Closer to  or C.O Below 7837.60 Target1 - 7790.30-7786.30 Target2 - 7769.60  Target3 - 7741.40  Target4 - 7739.00 Target5 - 7713.30 Target6 - 7701.50 Target7 - 7689.70 Target8 - 7665.05 Target9 - 7640.40 S/L 7837.60 or Day's High 
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Banknifty Future
Weak below 15445 and Strong above 15471.  Main Support 15241-15251 and 15345-15390 and   Main Resistances 15552-15608 and 15685-15721.  15348 is Day Shocker. Day SAR is at 15033. 15385 is the crucial support.
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Buy Above or Closer to 15455.65 Target1 - 15470.40  Target2 15498.55 Target3 - 15526.70  Target4 - 15616.55 Target5 - 15699.00 Target6 - 15781.45 Target7 - 15863.90 Target8 - 15946.30 S/L 15447.75-(aggr) /15369.25-(Cons)
OR
Buy Closer to or C.O Above 15286.85 - 15404.90  Target1 - 15433.00  Target2 - 15447.75-15455.65 Target3 - 15470.40  Target4 15498.55 Target5 - 15526.70  Target6 - 15616.55 Target7 - 15699.00 Target8 - 15781.45 Target9 - 15863.90 Target10 - 15946.30 S/L 15286.85 or Day's Low  
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Sell Below or Closer to 15447.75 Target1 - 15433.00  Target2 - 15404.90  Target3 - 15376.70 Target4 - 15286.85 Target5 - 15204.40 Target6 - 15121.95 Target7 - 15039.50 Target8 - 14957.10 S/L 15455.65-(aggr) /15534.15-(Cons)
OR
Sell Closer to  or C.O Below 15616.55 Target1 - 15455.65-15447.75 Target2 - 15433.00  Target3 - 15404.90  Target4 - 15376.70 Target5 - 15286.85 Target6 - 15204.40 Target7 - 15121.95 Target8 - 15039.50 Target9 - 14957.10 S/L 15616.55 or Day's High 
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Update

Commodities Blog Updated.

Update

Stocks Blog Updated.

Wednesday, July 30, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 30th July, 2014


Update

Nifty has maintained positive bias today also. 

Wolf Wave

Redrawn Wolf Wave has met it's target.

update on Nifty Spot

Bullish Wolf wave invalidated. Now a Bullish AB=CD in play as under. Has met 61.8% retracement already.


Update

Buy in dips working confidently as suggested in the morning.

Update on Nifty Spot

Nifty hasn't come out of the falling trendline in Hourly chart as yet. So, buy not generated as yet.

Update on Nifty Spot

Initial options data action suggests put writing at 7700 and may hold this expiry happening tomorrow. A bullish wolf wove is forming / has formed in 15 Min Chart of Nifty Spot should help reach Nifty reach 7820 and above in  next few days. Longs may be initiated after breakout above (i.e. Hourly Close Above) the falling hourly trendline, which is at 7756 now and is decreasing by about 5 points every hour.

Pre-Market Levels For 30th July, 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 7735-7737 and Strong above it.   Main Support 7739-7746 and 7756-7767 and  Main Resistances 7783-7789 and 7803-7819.   7830 is Day Shocker.  Day SAR is at 7642.  7743 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7745.25 Target1 - 7762.00  Target2 7790.10 Target3 - 7793.20  Target4 - 7818.25 Target5 - 7830.70 Target6 - 7843.15 Target7 - 7868.15 Target8 - 7893.15 S/L 7741.25-(aggr) /7718.25-(Cons)
OR
Buy Closer to or C.O Above 7693.30 - 7696.40  Target1 - 7724.60  Target2 - 7741.25-7745.25 Target3 - 7762.00  Target4 7790.10 Target5 - 7793.20  Target6 - 7818.25 Target7 - 7830.70 Target8 - 7843.15 Target9 - 7868.15 Target10 - 7893.15 S/L 7693.30 or Day's Low 
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Sell Below or Closer to 7741.25 Target1 - 7724.60  Target2 - 7696.40  Target3 - 7693.30 Target4 - 7668.25 Target5 - 7655.80 Target6 - 7643.35 Target7 - 7618.35 Target8 - 7593.35 S/L 7745.25-(aggr) /7768.25-(Cons)
OR
Sell Closer to  or C.O Below 7793.20 Target1 - 7745.25-7741.25 Target2 - 7724.60  Target3 - 7696.40  Target4 - 7693.30 Target5 - 7668.25 Target6 - 7655.80 Target7 - 7643.35 Target8 - 7618.35 Target9 - 7593.35 S/L 7793.20 or Day's High  
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Banknifty Future
Weak below 15215-15218 and Strong above it.  Main Support 15078-15147 and 15314-15343 and   Main Resistances 15373-15385 and 15439-15489.  15373 is Day Shocker. Day SAR is at 15033. 15147 is a great buy level with S/L of 15078.
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Buy Above or Closer to 15234.55 Target1 - 15249.30  Target2 15277.45 Target3 - 15305.60  Target4 - 15395.45 Target5 - 15477.85 Target6 - 15560.25 Target7 - 15642.70 Target8 - 15725.10 S/L 15226.65-(aggr) /15148.20-(Cons)
OR
Buy Closer to or C.O Above 15065.75 - 15183.70  Target1 - 15211.90  Target2 - 15226.65-15234.55 Target3 - 15249.30  Target4 15277.45 Target5 - 15305.60  Target6 - 15395.45 Target7 - 15477.85 Target8 - 15560.25 Target9 - 15642.70 Target10 - 15725.10 S/L 15065.75 or Day's Low 
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Sell Below or Closer to 15226.65 Target1 - 15211.90  Target2 - 15183.70  Target3 - 15155.60 Target4 - 15065.75 Target5 - 14983.35 Target6 - 14900.95 Target7 - 14818.50 Target8 - 14736.10 S/L 15234.55-(aggr) /15313.00-(Cons)
OR
Sell Closer to  or C.O Below 15395.45 Target1 - 15234.55-15226.65 Target2 - 15211.90  Target3 - 15183.70  Target4 - 15155.60 Target5 - 15065.75 Target6 - 14983.35 Target7 - 14900.95 Target8 - 14818.50 Target9 - 14736.10 S/L 15395.45 or Day's High  
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Update on Nifty Spot EOD 28th July, 2014

f-leg inside second corrective is still as a-b-c(going on) flat on or g-leg inside 2nd corrective completed or a-leg of g-leg of 2nd corrective over and b-leg of g-leg is going on? Time will answer. But it is logical to conclude that 7600-7700 will be big support for Nifty in Spot and all corrections are a big buying opportunity.

Update

Stocks Blog Updated.

Monday, July 28, 2014

Nifty Spot Update

Nifty still manages to save bias change at EOD close - 7748.7.

Update on Nifty Spot

Bias is likely to change today from +ve to -ve after 9 days if EOD close of Nifty Spot is below 7748.60.

Update on Nifty Future

Buy Closer to or C.O Above 7731.60 - 7738.90  has produced bounce upto 7750.6.

Reliance sell Call Update

Worked upto Target3 already. See Stocks blog.

Update on NIfty Future

Strength above 7752 and Weak below 7731.

Happy Birthday to remember

Today is the birthday of the Legend - Mr. R.N Elliott (28 July 1871).  

Update on Nifty Future

Sell call completed target3(7731.6)

Update on Nifty Future

Sell call completed Target2(7738.9)

Update on Nifty Future

Testing the support zone again, signs of weakness.

Update on Nifty Future

Pre-Market Support Zone has produced a 15 point bounce from 7752.  Nifty remains weak below 7772-7780.

Update on Nifty future

Counter trend reversed at around 7768 and approaching target2 (7738.9) of sell. Pre-market good support zone at 7743-7752.

Update on Nifty Future

Buying level 7657 has given 11 points till now.

Update on Nifty Future

Sell Target1 upto -10 points i.e. 7767-10 = 7757  is buy zone for 15-20 points.

Update on Nifty Future

Sell Triggered bellow 7783.70 and sell Target1(7767.00) Done.

Pre-Market Levels For 28th July, 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 7772-7780 and Strong above it.   Main Support 7743-7752 and   Main Resistances 7790 and 7809-7817.   7875 is Day Shocker.  Day SAR is at 7642.  7743 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7787.70 Target1 - 7804.40  Target2 7832.55 Target3 - 7839.80  Target4 - 7860.70 Target5 - 7877.30 Target6 - 7893.90 Target7 - 7920.95 Target8 - 7948.00 S/L 7783.70-(aggr) /7758.65-(Cons)
OR
Buy Closer to or C.O Above 7731.60 - 7738.90  Target1 - 7767.00  Target2 - 7783.70-7787.70 Target3 - 7804.40  Target4 7832.55 Target5 - 7839.80  Target6 - 7860.70 Target7 - 7877.30 Target8 - 7893.90 Target9 - 7920.95 Target10 - 7948.00 S/L 7731.60 or Day's Low
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Sell Below or Closer to 7783.70 Target1 - 7767.00  Target2 - 7738.90  Target3 - 7731.60 Target4 - 7710.70 Target5 - 7694.10 Target6 - 7677.50 Target7 - 7650.45 Target8 - 7623.40 S/L 7787.70-(aggr) /7812.75-(Cons)
OR
Sell Closer to  or C.O Below 7839.80 Target1 - 7787.70-7783.70 Target2 - 7767.00  Target3 - 7738.90  Target4 - 7731.60 Target5 - 7710.70 Target6 - 7694.10 Target7 - 7677.50 Target8 - 7650.45 Target9 - 7623.40 S/L 7839.80 or Day's High
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Banknifty Future
Weak below 15325-15341 and Strong above it.  Main Support 15329-15361 and   Main Resistances 15381-15427 and 15491-15553.  15509 is Day Shocker. Day SAR is at 15033. 15147 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 15356.10 Target1 - 15370.90  Target2 15399.00 Target3 - 15427.20  Target4 - 15528.45 Target5 - 15616.65 Target6 - 15704.80 Target7 - 15792.95 Target8 - 15881.10 S/L 15348.20-(aggr) /15264.00-(Cons)
OR
Buy Closer to or C.O Above 15175.85 - 15305.30  Target1 - 15333.50  Target2 - 15348.20-15356.10 Target3 - 15370.90  Target4 15399.00 Target5 - 15427.20  Target6 - 15528.45 Target7 - 15616.65 Target8 - 15704.80 Target9 - 15792.95 Target10 - 15881.10 S/L 15175.85 or Day's Low
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Sell Below or Closer to 15348.20 Target1 - 15333.50  Target2 - 15305.30  Target3 - 15277.15 Target4 - 15175.85 Target5 - 15087.65 Target6 - 14999.50 Target7 - 14911.35 Target8 - 14823.20 S/L 15356.10-(aggr) /15440.30-(Cons)
OR
Sell Closer to  or C.O Below 15528.45 Target1 - 15356.10-15348.20 Target2 - 15333.50  Target3 - 15305.30  Target4 - 15277.15 Target5 - 15175.85 Target6 - 15087.65 Target7 - 14999.50 Target8 - 14911.35 Target9 - 14823.20 S/L 15528.45 or Day's High
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Sunday, July 27, 2014

Update

Stocks and commodities Blog Updated.

Friday, July 25, 2014

Update

Bias change saved for one more day it seems. So, trend remains Up.  Nifty was highly overbought and hence reacted.

Update on Nifty Spot

Bias will change if closes below 7771.65 Nifty Spot. So, 7771.65 will be the key number to watch out for the day for Nifty Spot.

Update on Nifty Future

Nifty has reached Target2 of Sell Call 7786.9 till now. Simultaneously the same buying level gave 15 points already.

Update on Nifty Spot

Bias will change if closes below 7771.65 Nifty Spot.

Update on Nifty Spot

Below 7800 the weakness will be stronger.

Update

Sell Triggered at open and has done target1 of Sell Level1. On normal day's trades are between Sell Target1 to Buy Target1.

Update on Nifty Spot

Nifty is extremely overbought so time correction would be required at every stage to move up. today 7800-7810 is the strong support / buying zone for Nifty Spot below that weakness. Bias is still positive for last 8(Fibonacci Number) consecutive days. 

Update

Commodities Blog Updated.

Pre-Market Levels For 25th July, 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 7825-7828 and Strong above it.   Main Support 7794-7803 and   Main Resistances 7855-7861 and 7876-7888.   7861 is Day Shocker.  Day SAR is at 7642.  7748 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7835.75 Target1 - 7852.50  Target2 7880.60 Target3 - 7886.80  Target4 - 7908.75 Target5 - 7924.30 Target6 - 7939.80 Target7 - 7966.35 Target8 - 7992.84 S/L 7831.75-(aggr) /7807.23-(Cons)
OR
Buy Closer to or C.O Above 7780.70 - 7786.90  Target1 - 7815.10  Target2 - 7831.75-7835.75 Target3 - 7852.50  Target4 7880.60 Target5 - 7886.80  Target6 - 7908.75 Target7 - 7924.30 Target8 - 7939.80 Target9 - 7966.35 Target10 - 7992.84 S/L 7780.70 or Day's Low  
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Sell Below or Closer to 7831.75 Target1 - 7815.10  Target2 - 7786.90  Target3 - 7780.70 Target4 - 7758.75 Target5 - 7743.20 Target6 - 7727.70 Target7 - 7701.15 Target8 - 7674.65 S/L 7835.75-(aggr) /7860.27-(Cons)
OR
Sell Closer to  or C.O Below 7886.80 Target1 - 7835.75-7831.75 Target2 - 7815.10  Target3 - 7786.90  Target4 - 7780.70 Target5 - 7758.75 Target6 - 7743.20 Target7 - 7727.70 Target8 - 7701.15 Target9 - 7674.65 S/L 7886.80 or Day's High  
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Banknifty Future
Weak below 15541-15446 and Strong above it.  Main Support 15518-15563 and   Main Resistances 15630-15659 and 15719-15813.  15598 is Day Shocker. Day SAR is at 15065. 15494 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 15561.50 Target1 - 15576.20  Target2 15604.40 Target3 - 15632.50  Target4 - 15730.75 Target5 - 15817.35 Target6 - 15904.00 Target7 - 15990.60 Target8 - 16077.20 S/L 15553.60-(aggr) /15470.95-(Cons)
OR
Buy Closer to or C.O Above 15384.35 - 15510.70  Target1 - 15538.80  Target2 - 15553.60-15561.50 Target3 - 15576.20  Target4 15604.40 Target5 - 15632.50  Target6 - 15730.75 Target7 - 15817.35 Target8 - 15904.00 Target9 - 15990.60 Target10 - 16077.20 S/L 15384.35 or Day's Low 
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Sell Below or Closer to 15553.60 Target1 - 15538.80  Target2 - 15510.70  Target3 - 15482.55 Target4 - 15384.35 Target5 - 15297.75 Target6 - 15211.12 Target7 - 15124.50 Target8 - 15037.90 S/L 15561.50-(aggr) /15644.15-(Cons)
OR
Sell Closer to  or C.O Below 15730.75 Target1 - 15561.50-15553.60 Target2 - 15538.80  Target3 - 15510.70  Target4 - 15482.55 Target5 - 15384.35 Target6 - 15297.75 Target7 - 15211.12 Target8 - 15124.50 Target9 - 15037.90 S/L 15730.75 or Day's High 
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Update

Stocks Blog Updated.

Thursday, July 24, 2014

F&O Cues

F&O Cues Updated.

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


Update on Nifty Future

Buy triggered above 7793.55 and done upto target2 - 7738.4 already. As such target1 of Sell1 level - 10 i.e. 7762.8 was also a buying opportunity with Sell level target2 - 7744.7 as S/L.

Update on Nifty

Nifty up on Booster Dose. Strong Resistance near 7865 Nifty Spot and 7870 In Nifty Future.

Update on Nifty Spot

NR 4/7/14 (Narrow Range day) happening till now. Whether it remains same today needs to be seen in the last hour. If it remains so tomorrow there will be a range expansion probability.

Update on Nifty

Expiry nearing and next week we have one trading holiday before expiry. Nifty Future Open interest is rising (1.775 Crores now). Difficult to say though market may be basing itself at 7750-7850 for move towards 8000 plus levels next month. If  OI rises more from  it will be difficult for Nifty to carry itself to 8000 levels this month.

Update on Nifty Future

Open at Neutral Zone. Sell got triggered at open near 7789 and achieved the Sell Target1(7772.8) minus 10 =7762.8 (Approx.). Most of the days Trades are likely to be Buy Target1(+10) to Sell Target1(-10) or Buy Level1 to Sell Level1.

Pre-Market Levels For 24th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7785-7791 and Strong above it.   Main Support 7743-7754 and 7777-7783 and   Main Resistances 7816-7825 and 7833-7846.   7816 is Day Shocker.  Day SAR is at 7631.  7733 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7793.55 Target1 - 7810.20  Target2 7838.40 Target3 - 7846.00  Target4 - 7866.55 Target5 - 7883.45 Target6 - 7900.35 Target7 - 7927.55 Target8 - 7954.75 S/L 7789.55-(aggr) /7764.35-(Cons)
OR
Buy Closer to or C.O Above 7737.15 - 7744.70  Target1 - 7772.80  Target2 - 7789.55-7793.55 Target3 - 7810.20  Target4 7838.40 Target5 - 7846.00  Target6 - 7866.55 Target7 - 7883.45 Target8 - 7900.35 Target9 - 7927.55 Target10 - 7954.75 S/L 7737.15 or Day's Low  
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Sell Below or Closer to 7789.55 Target1 - 7772.80  Target2 - 7744.70  Target3 - 7737.15 Target4 - 7716.55 Target5 - 7699.65 Target6 - 7682.75 Target7 - 7655.55 Target8 - 7628.35 S/L 7793.55-(aggr) /7818.75-(Cons)
OR
Sell Closer to  or C.O Below 7845.95 Target1 - 7793.55-7789.55 Target2 - 7772.80  Target3 - 7744.70  Target4 - 7737.15 Target5 - 7716.55 Target6 - 7699.65 Target7 - 7682.75 Target8 - 7655.55 Target9 - 7628.35 S/L 7845.95 or Day's High  
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Banknifty Future
Weak below 15481-15493 and Strong above it.  Main Support 15385-15448 and   Main Resistances 15616-15632 and 15719-15775.  15632 is Day Shocker. Day SAR is at 15065. 15385 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 15498.55 Target1 - 15513.30  Target2 15541.45 Target3 - 15569.60  Target4 - 15672.85 Target5 - 15762.00 Target6 - 15851.10 Target7 - 15940.25 Target8 - 16029.35 S/L 15490.60-(aggr) /15405.45-(Cons)
OR
Buy Closer to or C.O Above 15316.35 - 15447.70  Target1 - 15475.90  Target2 - 15490.60-15498.55 Target3 - 15513.30  Target4 15541.45 Target5 - 15569.60  Target6 - 15672.85 Target7 - 15762.00 Target8 - 15851.10 Target9 - 15940.25 Target10 - 16029.35 S/L 15316.35 or Day's Low  
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Sell Below or Closer to 15490.60 Target1 - 15475.90  Target2 - 15447.70  Target3 - 15419.60 Target4 - 15316.35 Target5 - 15227.20 Target6 - 15138.10 Target7 - 15048.95 Target8 - 14959.85 S/L 15498.55-(aggr) /15583.75-(Cons)
OR
Sell Closer to  or C.O Below 15672.85 Target1 - 15498.55-15490.60 Target2 - 15475.90  Target3 - 15447.70  Target4 - 15419.60 Target5 - 15316.35 Target6 - 15227.20 Target7 - 15138.10 Target8 - 15048.95 Target9 - 14959.85 S/L 15672.85 or Day's High  
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Update

Stocks Blog Updated.

Wednesday, July 23, 2014

F&O Cues

F&O Cues Updated.

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


Nifty in Double Top

Nifty in double top zone hence some amount of caution is needed and Hourly Oscillators are running overbought. 

Update on Nifty Future

Nifty likely to gap up and open above Target1 - 7786.70 and hence opening will be bullish and one can stay long with S/l of 7786.70 (aggr) or 7765.95 (consv.) for the day. One may also look to buy in dips of 20-30 / 65 points as long as bias remains positive.

* Please read Education on Menu item for better trading perspective.

Pre-Market Levels For 23rd July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7760-7764 and Strong above it.   Main Support 7727 and 7757 - 7772 and   Main Resistances 7789-7805 and 7810-7823.   7790 is Day Shocker.  Day SAR is at 7631.  7733 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7769.95 Target1 - 7786.70  Target2 7814.80 Target3 - 7821.90  Target4 - 7842.95 Target5 - 7859.40 Target6 - 7875.85 Target7 - 7902.80 Target8 - 7929.76 S/L 7765.95-(aggr) /7741.00-(Cons)
OR
Buy Closer to or C.O Above 7714.00 - 7721.10  Target1 - 7749.30  Target2 - 7765.95-7769.95 Target3 - 7786.70  Target4 7814.80 Target5 - 7821.90  Target6 - 7842.95 Target7 - 7859.40 Target8 - 7875.85 Target9 - 7902.80 Target10 - 7929.76 S/L 7714.00 or Day's Low  
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Sell Below or Closer to 7765.95 Target1 - 7749.30  Target2 - 7721.10  Target3 - 7714.00 Target4 - 7692.95 Target5 - 7676.50 Target6 - 7660.10 Target7 - 7633.10 Target8 - 7606.15 S/L 7769.95-(aggr) /7794.90-(Cons)
OR
Sell Closer to  or C.O Below 7821.90 Target1 - 7769.95-7765.95 Target2 - 7749.30  Target3 - 7721.10  Target4 - 7714.00 Target5 - 7692.95 Target6 - 7676.50 Target7 - 7660.10 Target8 - 7633.10 Target9 - 7606.15 S/L 7821.90 or Day's High  
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Banknifty Future
Weak below 15435-15442 and Strong above it.  Main Support 15315-15350 and 15406-15432 and   Main Resistances 15494-15549 and 15634-15674.  15674 is Day Shocker. Day SAR is at 15065. 15385 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 15453.95 Target1 - 15468.70  Target2 15496.80 Target3 - 15525.00  Target4 - 15624.40 Target5 - 15711.65 Target6 - 15798.90 Target7 - 15886.15 Target8 - 15973.37 S/L 15445.95-(aggr) /15362.70-(Cons)
OR
Buy Closer to or C.O Above 15275.50 - 15403.10  Target1 - 15431.30  Target2 - 15445.95-15453.95 Target3 - 15468.70  Target4 15496.80 Target5 - 15525.00  Target6 - 15624.40 Target7 - 15711.65 Target8 - 15798.90 Target9 - 15886.15 Target10 - 15973.37 S/L 15275.50 or Day's Low  
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Sell Below or Closer to 15445.95 Target1 - 15431.30  Target2 - 15403.10  Target3 - 15374.95 Target4 - 15275.50 Target5 - 15188.25 Target6 - 15101.00 Target7 - 15013.77 Target8 - 14926.53 S/L 15453.95-(aggr) /15537.20-(Cons)
OR
Sell Closer to  or C.O Below 15624.40 Target1 - 15453.95-15445.95 Target2 - 15431.30  Target3 - 15403.10  Target4 - 15374.95 Target5 - 15275.50 Target6 - 15188.25 Target7 - 15101.00 Target8 - 15013.77 Target9 - 14926.53 S/L 15624.40 or Day's High  
---------------------------------------------------------------------------------------------------------------

Nifty Spot 4 Hour Chart EOD 22nd July, 2014

Now extracting triangle bet is out. Due to the slow nature of the pullback the current rally can also be the b-leg of the unfinished f-leg or g-leg. FII's are building position in Nifty Future. The bias is running positive since 15th July, 2014.  A dash towards 8000 plus is coming soon, if not this month then in the next month.

Update

Stocks Blog Updated.

Tuesday, July 22, 2014

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


Update

Resilience in Nifty and Signs of strength Visible. It is possible Nifty bases itself between 7700-7800 Zone for next 3 days, completes f-leg and proceeds with g-leg up for 8000 and above levels in August, 2014. Positive macro and monsoon recovery might have removed / absorbed the negatives. 

Update on Nifty Future

Short call has yielded result from the desired zone after some delay.

Update

7731.05 Nifty Spot will remain key now. Long above it and short below it.

Update on Nifty Future

Short triggered with Day High (7748.8) as S/L. Since bias hasn't changed yet (See Education) the call may have 10-20 points target only and may turn out to be a low probability call.  If the S/L triggers it would require another 3 Min bar to close below 7740.45 for going short once again else we get back to the old long call which is running for higher Targets.

Update on Nifty Future

Need one 3 min bar close below 7740.45(sell Level2) to short Nifty Future else longs are fine.

Update on Nifty Future

7740(Sell Level2) -7764(Day Shocker) continuous  resistance is there. Bias or trend (See Education)  has been up and a bias change will confirm commencement of e-leg of extracting triangle or commencement of larger G-Leg.

Update on Nifty Spot

Nifty Spot is now at significant resistance zone between 7730(80% Retracement) -7740(Month H3).

Update on Nifty Future

Open above Target1 (7704.90) was bullish and held Target1 (7704.90) to achieve Target2 (7733.05) and Target3 (7740.50) and now near the strong Sell Zone (7740-7750).

Update

Commodities Blog Updated.

Pre-Market Levels For 22nd July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7684-7688 and Strong above it.   Main Support 7608 and 7638 - 7648 and   Main Resistances 7706-7713 and 7740-7750.   7764 is Day Shocker.  Day SAR is at 7631.  7567 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7688.20 Target1 - 7704.90  Target2 7733.05 Target3 - 7740.50  Target4 - 7761.20 Target5 - 7777.95 Target6 - 7794.70 Target7 - 7821.85 Target8 - 7848.95 S/L 7684.20-(aggr) /7659.05-(Cons)
OR
Buy Closer to or C.O Above 7631.95 - 7639.40  Target1 - 7667.50  Target2 - 7684.20-7688.20 Target3 - 7704.90  Target4 7733.05 Target5 - 7740.50  Target6 - 7761.20 Target7 - 7777.95 Target8 - 7794.70 Target9 - 7821.85 Target10 - 7848.95 S/L 7631.95 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7684.20 Target1 - 7667.50  Target2 - 7639.40  Target3 - 7631.95 Target4 - 7611.20 Target5 - 7594.45 Target6 - 7577.70 Target7 - 7550.55 Target8 - 7523.45 S/L 7688.20-(aggr) /7713.33-(Cons)
OR
Sell Closer to  or C.O Below 7740.45 Target1 - 7688.20-7684.20 Target2 - 7667.50  Target3 - 7639.40  Target4 - 7631.95 Target5 - 7611.20 Target6 - 7594.45 Target7 - 7577.70 Target8 - 7550.55 Target9 - 7523.45 S/L 7740.45 or Day's High    
---------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15407-15415 and Strong above it.  Main Support 15309-15385 and 15441-15456 and   Main Resistances 15528-15534 and 15609-15634.  15762 is Day Shocker. Day SAR is at 15065. 15385 (Sustaining Below) is First S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15414.65 Target1 - 15429.40  Target2 15457.50 Target3 - 15485.70  Target4 - 15586.50 Target5 - 15674.40 Target6 - 15762.30 Target7 - 15850.25 Target8 - 15938.15 S/L 15406.65-(aggr) /15322.75-(Cons)
OR
Buy Closer to or C.O Above 15234.80 - 15363.80  Target1 - 15392.00  Target2 - 15406.65-15414.65 Target3 - 15429.40  Target4 15457.50 Target5 - 15485.70  Target6 - 15586.50 Target7 - 15674.40 Target8 - 15762.30 Target9 - 15850.25 Target10 - 15938.15 S/L 15234.80 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15406.65 Target1 - 15392.00  Target2 - 15363.80  Target3 - 15335.65 Target4 - 15234.80 Target5 - 15146.90 Target6 - 15059.00 Target7 - 14971.05 Target8 - 14883.15 S/L 15414.65-(aggr) /15498.55-(Cons)
OR
Sell Closer to  or C.O Below 15586.50 Target1 - 15414.65-15406.65 Target2 - 15392.00  Target3 - 15363.80  Target4 - 15335.65 Target5 - 15234.80 Target6 - 15146.90 Target7 - 15059.00 Target8 - 14971.05 Target9 - 14883.15 S/L 15586.50 or Day's High  
---------------------------------------------------------------------------------------------------------------

Update

Stocks blog updated.

Monday, July 21, 2014

F&O Cues

F&O Cues Updated.

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


Nifty Future Update

Day trading has been from Sell Near or Close to Level (7723.40 ) to Buy near and Close to Level (7671.35). 
* Within +/- 5/6 points range

Pre-Market Levels For 21st July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7666-7675 and Strong above it.  7620 and 7645-7656 Main Support and  7690-7700 and 7750  Main Resistances.   7714 is Day Shocker.  Day SAR is at 7631.  7567 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7671.35 Target1 - 7688.10  Target2 7716.20 Target3 - 7723.40  Target4 - 7744.35 Target5 - 7760.90 Target6 - 7777.45 Target7 - 7804.45 Target8 - 7831.45 S/L 7667.35-(aggr) /7642.33-(Cons)
OR
Buy Closer to or C.O Above 7615.30 - 7622.50  Target1 - 7650.70  Target2 - 7667.35-7671.35 Target3 - 7688.10  Target4 7716.20 Target5 - 7723.40  Target6 - 7744.35 Target7 - 7760.90 Target8 - 7777.45 Target9 - 7804.45 Target10 - 7831.45 S/L 7615.30 or Day's Low 
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7667.35 Target1 - 7650.70  Target2 - 7622.50  Target3 - 7615.30 Target4 - 7594.35 Target5 - 7577.80 Target6 - 7561.25 Target7 - 7534.25 Target8 - 7507.25 S/L 7671.35-(aggr) /7696.37-(Cons)
OR
Sell Closer to  or C.O Below 7723.40 Target1 - 7671.35-7667.35 Target2 - 7650.70  Target3 - 7622.50  Target4 - 7615.30 Target5 - 7594.35 Target6 - 7577.80 Target7 - 7561.25 Target8 - 7534.25 Target9 - 7507.25 S/L 7723.40 or Day's High 
---------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15409-15427 and Strong above it.  15214-15260 and 15385 main support and  15429-15493 and 15683-15722  Main Resistances.  15651 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15419.80 Target1 - 15434.50  Target2 15462.65 Target3 - 15490.80  Target4 - 15588.20 Target5 - 15674.40 Target6 - 15760.60 Target7 - 15846.80 Target8 - 15933.00 S/L 15411.80-(aggr) /15329.60-(Cons)
OR
Buy Closer to or C.O Above 15243.40 - 15368.90  Target1 - 15397.10  Target2 - 15411.80-15419.80 Target3 - 15434.50  Target4 15462.65 Target5 - 15490.80  Target6 - 15588.20 Target7 - 15674.40 Target8 - 15760.60 Target9 - 15846.80 Target10 - 15933.00 S/L 15243.40 or Day's Low 
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15411.80 Target1 - 15397.10  Target2 - 15368.90  Target3 - 15340.80 Target4 - 15243.40 Target5 - 15157.20 Target6 - 15071.00 Target7 - 14984.80 Target8 - 14898.60 S/L 15419.80-(aggr) /15502.00-(Cons)
OR
Sell Closer to  or C.O Below 15588.20 Target1 - 15419.80-15411.80 Target2 - 15397.10  Target3 - 15368.90  Target4 - 15340.80 Target5 - 15243.40 Target6 - 15157.20 Target7 - 15071.00 Target8 - 14984.80 Target9 - 14898.60 S/L 15588.20 or Day's High  
---------------------------------------------------------------------------------------------------------------

Nifty Spot 4 Hour Chart EOD 18th July, 2014

Nifty Spot is either still in f-leg in the form of an extracting triangle or would be completing g-leg up.  Time will give the answer. Either case we would be due for some correction this week. watch out for change in bias or if Nifty spot starts trading below 7685.

Sunday, July 20, 2014

Update

Stocks and commodities Blog updated.

Friday, July 18, 2014

Update on Nifty Spot

The current rise is slower than the previous fall as of now hence near 7700 (Which is significant Resistance) caution must be exercised.  Whether one more trip to 7500 is due or not needs to be seen.

Update on Nifty Future

Nifty Opened below sell target1(7640.1) which indicated internal weakness and it did almost upto Target4(7583.75).  Now longs will have good resistance at 7640.1 (i.e. Target1 of Sell) i.e. sustaining above it can bring the bulls back.

Update

Stocks Blog Updated.

Pre-Market Levels For 18th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7640 and Strong above 7656.  7602-7621 Main Support and  7657 and 7712-7721  Main Resistances.   7618 is Day Shocker.  Day SAR is at 7631.  7567 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7660.75 Target1 - 7677.50  Target2 7705.60 Target3 - 7712.90  Target4 - 7733.75 Target5 - 7750.35 Target6 - 7766.95 Target7 - 7794.00 Target8 - 7821.05 S/L 7656.75-(aggr) /7631.70-(Cons)
OR
Buy Closer to or C.O Above 7604.65 - 7611.90  Target1 - 7656.75-7660.75 Target2 - 7677.50  Target3 7705.60 Target4 - 7712.90  Target5 - 7733.75 Target6 - 7750.35 Target7 - 7766.95 Target8 - 7794.00 Target9 - 7821.05 S/L 7604.65 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7656.75 Target1 - 7640.10  Target2 - 7611.90  Target3 - 7604.65 Target4 - 7583.75 Target5 - 7567.15 Target6 - 7550.55 Target7 - 7523.50 Target8 - 7496.45 S/L 7660.75-(aggr) /7685.80-(Cons)
OR
Sell Closer to  or C.O Below 7712.85 Target1 - 7660.75-7656.75 Target2 - 7640.10  Target3 - 7611.90  Target4 - 7604.65 Target5 - 7583.75 Target6 - 7567.15 Target7 - 7550.55 Target8 - 7523.50 Target9 - 7496.45 S/L 7712.85 or Day's High 
---------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15257 and Strong above 15290.  15081-15128 and 15174-15220 Main Support and  15282-15288 and 15432-15458  Main Resistances.  15262 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15298.95 Target1 - 15313.70  Target2 15341.80 Target3 - 15370.00  Target4 - 15464.55 Target5 - 15549.35 Target6 - 15634.15 Target7 - 15718.95 Target8 - 15803.70 S/L 15290.95-(aggr) /15210.15-(Cons)
OR
Buy Closer to or C.O Above 15125.35 - 15248.10  Target1 - 15290.95-15298.95 Target2 - 15313.70  Target3 15341.80 Target4 - 15370.00  Target5 - 15464.55 Target6 - 15549.35 Target7 - 15634.15 Target8 - 15718.95 Target9 - 15803.70 S/L 15125.35 or Day's Low
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15290.95 Target1 - 15276.30  Target2 - 15248.10  Target3 - 15219.95 Target4 - 15125.35 Target5 - 15040.55 Target6 - 14955.75 Target7 - 14870.95 Target8 - 14786.20 S/L 15298.95-(aggr) /15379.75-(Cons)
OR
Sell Closer to  or C.O Below 15464.55 Target1 - 15298.95-15290.95 Target2 - 15276.30  Target3 - 15248.10  Target4 - 15219.95 Target5 - 15125.35 Target6 - 15040.55 Target7 - 14955.75 Target8 - 14870.95 Target9 - 14786.20 S/L 15464.55 or Day's High
---------------------------------------------------------------------------------------------------------------

Update

Bias is up hence the gap down is a likely opportunity to buy.

The High's and Low's of 17th July, 2014

                                 High           Low
Nifty Spot              7655.65    7612.70
Nifty Future           7674.7    7628.2
Banknifty Spot      15,301.95    15,156.00
Banknifty Future  15331.05    15177


Update

Stocks Blog Updated.

Thursday, July 17, 2014

F&O Cues

F&O Cues Updated.

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


Update on Nifty Future

Update on Nifty Future
FII data suggests that 7675 will remain key for the day for Nifty Future and maximum level it can achieve is 7740 for the day. Take caution as during the day as some sharp corrections may come,which that could be a buy in dips opportunity. 7567 (Sustaining below) is the S/L for all longs during the Month.
Posted by Sandip Pal at 7:32 AM No comments:

Day high has been 7674.7, Nifty respected the level.

Update

After 3 days of upmove some time correction (because not much price correction) is going on.

Update on Nifty Future

Buy Target1(7661.7) to Sell Target1(7624.3) +/- 5/6 Points done.

Pre-Market Levels For 17th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7625 and Strong above 7643.  7584-7585 and 7631-7636 Main Support and  7678-7692 and 7700-7713  Main Resistances.   7498 is Day Shocker.  Day SAR is at 7631.  7567 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7645.05 Target1 - 7661.70  Target2 7689.90 Target3 - 7698.00  Target4 - 7718.05 Target5 - 7735.55 Target6 - 7753.00 Target7 - 7780.50 Target8 - 7808.00 S/L 7641.05-(aggr) /7615.55-(Cons)
OR
Buy Closer to or C.O Above 7588.05 - 7596.20  Target1 - 7641.05-7645.05 Target2 - 7661.70  Target3 7689.90 Target4 - 7698.00  Target5 - 7718.05 Target6 - 7735.55 Target7 - 7753.00 Target8 - 7780.50 Target9 - 7808.00 S/L 7588.05 or Day's Low 
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7641.05 Target1 - 7624.30  Target2 - 7596.20  Target3 - 7588.05 Target4 - 7568.05 Target5 - 7550.55 Target6 - 7533.10 Target7 - 7505.60 Target8 - 7478.10 S/L 7645.05-(aggr) /7670.55-(Cons)
OR
Sell Closer to  or C.O Below 7698.05 Target1 - 7645.05-7641.05 Target2 - 7624.30  Target3 - 7596.20  Target4 - 7588.05 Target5 - 7568.05 Target6 - 7550.55 Target7 - 7533.10 Target8 - 7505.60 Target9 - 7478.10 S/L 7698.05 or Day's High  
---------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15270 and Strong above 15306.  15056 and 15260-15282 Main Support and  15405-15463 and 15542-15586  Main Resistances.  14793 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15310.30 Target1 - 15325.00  Target2 15353.15 Target3 - 15381.30  Target4 - 15477.95 Target5 - 15563.75 Target6 - 15649.55 Target7 - 15735.40 Target8 - 15821.20 S/L 15302.30-(aggr) /15220.50-(Cons)
OR
Buy Closer to or C.O Above 15134.65 - 15259.40  Target1 - 15302.30-15310.30 Target2 - 15325.00  Target3 15353.15 Target4 - 15381.30  Target5 - 15477.95 Target6 - 15563.75 Target7 - 15649.55 Target8 - 15735.40 Target9 - 15821.20 S/L 15134.65 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15302.30 Target1 - 15287.60  Target2 - 15259.40  Target3 - 15231.30 Target4 - 15134.65 Target5 - 15048.85 Target6 - 14963.05 Target7 - 14877.20 Target8 - 14791.40 S/L 15310.30-(aggr) /15392.10-(Cons)
OR
Sell Closer to  or C.O Below 15477.95 Target1 - 15310.30-15302.30 Target2 - 15287.60  Target3 - 15259.40  Target4 - 15231.30 Target5 - 15134.65 Target6 - 15048.85 Target7 - 14963.05 Target8 - 14877.20 Target9 - 14791.40 S/L 15477.95 or Day's High  
---------------------------------------------------------------------------------------------------------------

Update on Nifty Future

FII data suggests that 7675 will remain key for the day for Nifty Future and maximum level it can achieve is 7740 for the day. Take caution as during the day as some sharp corrections may come,which that could be a buy in dips opportunity. 7567 (Sustaining below) is the S/L for all longs during the Month.

Update

Stocks Blog Updated.

Wednesday, July 16, 2014

Update

F&O Cues Updated.

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


Update on Nifty Spot

f-leg is moving well and has crossed the trend-line resistance of 7560-7580. Three bull candles happened. Tomorrow little caution needed.    38-65 points maximum correction  has happened till now, so any fall of 38-65 points have to be bought till bias changes from positive to negative.  F-leg can go anywhere though 7800 is a substantial resistance.   20-22 days cycle is there for the long trends,  this is only 3 day old trend.  

Update on Nifty Spot

If we break out above 7580 Spot some 100-200 points upmove may come.

Update on Nifty Future

Got a trading range from buy Target1 (7557.3)+20(didn't reach Target2 at 7585.45)  to Sell closer to (7536.6) till now.   Today was also there was an open above Target1 of Buy, which was strength but failure to reach Target2 (7585.45) was weakness.

The Pre-Market resistance level was at 7566-7572. Nifty Spot struggling in the mentioned area of 7560-7580.

Nifty Spot 30 Min Chart EOD 15th July, 2014

Last g-leg of 2nd corrective of Major F-leg is now in progress. If it is able to cross and sustain 7560-7580 levels it may retrace more of f-leg down. In the process traders must lighten their position and if not start building shorts for future fall in the form of Major G-leg down  or another x-wave down for the corrective major F-leg. Any which way a downmove is going to come soon. Enjoy the rally only till uptrend or bias remains(See Education)


Pre-Market Levels For 16th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7520-7526 and Strong above it.  7461-7466 and 7491-7503 Main Support and  7566-7572 and 7586  Main Resistances.   7418 is Day Shocker.  Day SAR is at 7631.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7540.60 Target1 - 7557.30  Target2 7585.45 Target3 - 7592.20  Target4 - 7613.60 Target5 - 7629.70 Target6 - 7645.75 Target7 - 7672.55 Target8 - 7699.35 S/L 7536.60-(aggr) /7511.81-(Cons)
OR
Buy Closer to or C.O Above 7485.00 - 7491.80  Target1 - 7536.60-7540.60 Target2 - 7557.30  Target3 7585.45 Target4 - 7592.20  Target5 - 7613.60 Target6 - 7629.70 Target7 - 7645.75 Target8 - 7672.55 Target9 - 7699.35 S/L 7485.00 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7536.60 Target1 - 7519.90  Target2 - 7491.80  Target3 - 7485.00 Target4 - 7463.60 Target5 - 7447.50 Target6 - 7431.45 Target7 - 7404.65 Target8 - 7377.85 S/L 7540.60-(aggr) /7565.40-(Cons)
OR
Sell Closer to  or C.O Below 7592.20 Target1 - 7540.60-7536.60 Target2 - 7519.90  Target3 - 7491.80  Target4 - 7485.00 Target5 - 7463.60 Target6 - 7447.50 Target7 - 7431.45 Target8 - 7404.65 Target9 - 7377.85 S/L 7592.20 or Day's High  
---------------------------------------------------------------------------------------------------------------
Banknifty Future
Weak below 14902-14912 and Strong above it.  14742-14799  and 14812-14842 Main Support and  15041-15059 and 15111-15160   Main Resistances.  14426 is Day Shocker. Day SAR is at 15065.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 14942.15 Target1 - 14956.90  Target2 14985.05 Target3 - 15013.20  Target4 - 15106.30 Target5 - 15190.40 Target6 - 15274.45 Target7 - 15358.50 Target8 - 15442.55 S/L 14934.25-(aggr) /14854.15-(Cons)
OR
Buy Closer to or C.O Above 14770.10 - 14891.40  Target1 - 14934.25-14942.15 Target2 - 14956.90  Target3 14985.05 Target4 - 15013.20  Target5 - 15106.30 Target6 - 15190.40 Target7 - 15274.45 Target8 - 15358.50 Target9 - 15442.55 S/L 14770.10 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 14934.25 Target1 - 14919.50  Target2 - 14891.40  Target3 - 14863.20 Target4 - 14770.10 Target5 - 14686.00 Target6 - 14601.95 Target7 - 14517.90 Target8 - 14433.85 S/L 14942.15-(aggr) /15022.25-(Cons)
OR
Sell Closer to  or C.O Below 15106.30 Target1 - 14942.15-14934.25 Target2 - 14919.50  Target3 - 14891.40  Target4 - 14863.20 Target5 - 14770.10 Target6 - 14686.00 Target7 - 14601.95 Target8 - 14517.90 Target9 - 14433.85 S/L 15106.30 or Day's High  
---------------------------------------------------------------------------------------------------------------

Update

Stocks Blog Updated.

Tuesday, July 15, 2014

F&O Cues

F&O Cues Updated.

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


Update on Nifty Future

Buying level gave good bounce upto 7513.

Update on Nifty Future

The Buy Call gave upto target1 already.
Buy Above or Closer to 7477.80 Target1 - 7494.50  

Update on Nifty Future

Sustaining 7478 another rally may happen.

Update on Nifty Future

Now  Target1 - 7494.50  is the S/L .

Update on Nifty Future

7520 is key key level for Nifty Future the entire week i.e. Remain long or short above or below it.

Update on Nifty Future

Since gapped up above Target1 - 7494.50  S/L is 7473.80-(aggr.) for longs.

Nifty Spot 4 Hour Chart EOD 14th July, 2014

Whether Nifty finished the major F-leg up and started the major G-leg down time will tell. Not breaking 7377 and a rally will probably confirm the unfinished g-leg of major F-leg is still pending. Now after the completion of the 2nd corrective of F-leg one could get an x-Wave down also and thereafter the third corrective inside larger F-leg may also unfold. Lots of options!!

Pre-Market Levels For 15th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7438-7442 and Strong above it.  7463-7466 and 7482-7487 Main Support and  7512 and 7567-7575  Main Resistances.   7395 is Day Shocker.  Day SAR is at 7631.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7477.80 Target1 - 7494.50  Target2 7522.65 Target3 - 7527.60  Target4 - 7550.80 Target5 - 7565.10 Target6 - 7579.40 Target7 - 7605.30 Target8 - 7631.15 S/L 7473.80-(aggr) /7449.90-(Cons)
OR
Buy Closer to or C.O Above 7424.00 - 7428.90  Target1 - 7473.80-7477.80 Target2 - 7494.50  Target3 7522.65 Target4 - 7527.60  Target5 - 7550.80 Target6 - 7565.10 Target7 - 7579.40 Target8 - 7605.30 Target9 - 7631.15 S/L 7424.00 or Day's Low
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Sell Below or Closer to 7473.80 Target1 - 7457.10  Target2 - 7428.90  Target3 - 7424.00 Target4 - 7400.80 Target5 - 7386.50 Target6 - 7372.20 Target7 - 7346.30 Target8 - 7320.45 S/L 7477.80-(aggr) /7501.70-(Cons)
OR
Sell Closer to  or C.O Below 7527.60 Target1 - 7477.80-7473.80 Target2 - 7457.10  Target3 - 7428.90  Target4 - 7424.00 Target5 - 7400.80 Target6 - 7386.51 Target7 - 7372.20 Target8 - 7346.32 Target9 - 7320.45 S/L 7527.60 or Day's High
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Banknifty Future
Weak below 14488-14494 and Strong above it.  14463-14501  Main Support and  14660 and 14874-14931   Main Resistances.  14286 is Day Shocker. Day SAR is at 15065.
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Buy Above or Closer to 14564.65 Target1 - 14579.50  Target2 14607.60 Target3 - 14635.80  Target4 - 14717.75 Target5 - 14796.25 Target6 - 14874.75 Target7 - 14953.25 Target8 - 15031.75 S/L 14556.85-(aggr) /14482.25-(Cons)
OR
Buy Closer to or C.O Above 14403.75 - 14513.90  Target1 - 14556.85-14564.65 Target2 - 14579.50  Target3 14607.60 Target4 - 14635.80  Target5 - 14717.75 Target6 - 14796.25 Target7 - 14874.75 Target8 - 14953.25 Target9 - 15031.75 S/L 14403.75 or Day's Low
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Sell Below or Closer to 14556.85 Target1 - 14542.10  Target2 - 14513.90  Target3 - 14485.75 Target4 - 14403.75 Target5 - 14325.25 Target6 - 14246.75 Target7 - 14168.25 Target8 - 14089.75 S/L 14564.65-(aggr) /14639.25-(Cons)
OR
Sell Closer to  or C.O Below 14717.75 Target1 - 14564.65-14556.85 Target2 - 14542.10  Target3 - 14513.90  Target4 - 14485.75 Target5 - 14403.75 Target6 - 14325.25 Target7 - 14246.75 Target8 - 14168.25 Target9 - 14089.75 S/L 14717.75 or Day's High
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Update

Stocks Blog Updated.

Monday, July 14, 2014

F&O Cues

F&O Cues updated.

Murrey Math and Options data based position - EOD 14th July, 2014


Nifty Future Update

If Nifty Future Sustains below 7441 (today / tomorrow) it may achieve the following Targets  7412 / 7386 /7355 else Nifty future may move up to 7595.

NIfty Spot Update

7377.8 (or 7360.5is the key number of this down trend for next 2 days and if the number is broken the downmove could be another X-leg after the 2nd leg of the 2nd corrective or Larger g-leg of the higher diametric.  Let's keep our eyes on 7377.8 (or 7360.5)

Update on Nifty Spot

Nifty Looks Oversold.. Between 7380-7400 or from Near 7440 there could be an pullback attempt towards 7600 or more. Caution for longs as bias or trend (See Education in Menu Item) is still down! If there is no pullback fall may be vicious and deep.

Pre-Market Levels For 14th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7434-7442 and Strong above it.  7370-7400 Main Support and  7525-7550 and 7667  Main Resistances.   7434 is Day Shocker.  Day SAR is at 7642.
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Buy Above or Closer to 7482.15 Target1 - 7498.80  Target2 7527.00 Target3 - 7533.70  Target4 - 7555.15 Target5 - 7571.25 Target6 - 7587.35 Target7 - 7614.15 Target8 - 7640.95 S/L 7478.15-(aggr) /7453.35-(Cons)
OR
Buy Closer to or C.O Above 7426.55 - 7433.30  Target1 - 7478.15-7482.15 Target2 - 7498.80  Target3 7527.00 Target4 - 7533.70  Target5 - 7555.15 Target6 - 7571.25 Target7 - 7587.35 Target8 - 7614.15 Target9 - 7640.95 S/L 7426.55 or Day's Low  
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Sell Below or Closer to 7478.15 Target1 - 7461.40  Target2 - 7433.30  Target3 - 7426.55 Target4 - 7405.15 Target5 - 7389.05 Target6 - 7372.95 Target7 - 7346.15 Target8 - 7319.35 S/L 7482.15-(aggr) /7506.95-(Cons)
OR
Sell Closer to  or C.O Below 7533.75 Target1 - 7482.15-7478.15 Target2 - 7461.40  Target3 - 7433.30  Target4 - 7426.55 Target5 - 7405.15 Target6 - 7389.05 Target7 - 7372.95 Target8 - 7346.15 Target9 - 7319.35 S/L 7533.75 or Day's High  
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Banknifty Future
Weak below 14375-14426 and Strong above it.  14025-14116 and 14221-14264  Main Support and  1647-14727   Main Resistances.  14375 is Day ShockerDay SAR is at 15093.
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Buy Above or Closer to 14503.95 Target1 - 14518.70  Target2 14546.90 Target3 - 14575.00  Target4 - 14658.30 Target5 - 14737.40 Target6 - 14816.55 Target7 - 14895.65 Target8 - 14974.80 S/L 14496.15-(aggr) /14420.95-(Cons)
OR
Buy Closer to or C.O Above 14341.80 - 14453.20  Target1 - 14496.15-14503.95 Target2 - 14518.70  Target3 14546.90 Target4 - 14575.00  Target5 - 14658.30 Target6 - 14737.40 Target7 - 14816.55 Target8 - 14895.65 Target9 - 14974.80 S/L 14341.80 or Day's Low  
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Sell Below or Closer to 14496.15 Target1 - 14481.30  Target2 - 14453.20  Target3 - 14425.05 Target4 - 14341.80 Target5 - 14262.70 Target6 - 14183.55 Target7 - 14104.45 Target8 - 14025.30 S/L 14503.95-(aggr) /14579.15-(Cons)
OR
Sell Closer to  or C.O Below 14658.30 Target1 - 14503.95-14496.15 Target2 - 14481.30  Target3 - 14453.20  Target4 - 14425.05 Target5 - 14341.80 Target6 - 14262.70 Target7 - 14183.55 Target8 - 14104.45 Target9 - 14025.30 S/L 14658.30 or Day's High 
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Update

Stocks and Commodities Blog Updated.

Friday, July 11, 2014

Update

Now little bit of whipsawing. Long S/L got Triggered.

Update

Short s/l got hit and long triggered.
Buy Closer to or C.O Above 7526.15 Target1 - 7574.65-7578.65 Target2 - 7595.30  Target3 7623.50 Target4 - 7627.10  Target5 - 7651.65 Target6 - 7664.65 Target7 - 7677.65 Target8 - 7702.90 Target9 - 7728.15 S/L 7526.15 or Day's Low  

Update of Nifty Future

Sell Target Target6 - 7488.65 done now day trailing S/l is Target4 - 7526.15 

Update

If 7360.5 on Nifty spot breaks chart needs to be reworked.

Update on Nifty Future

Weakness apparent.  Sell call running from 7627.15 with day high 7638.8 as S/L , Target3 - 7526.15 done already. Trailing S/L is  Target2 - 7557.90  is the s/l for Nifty Future for the day shorts.

Update

Commodities Blog updated.

Pre-Market Levels For 11th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7549-7558 and Strong above it.  7520-7536 Main Support and  7613, 7648-7659 and 7667  Main Resistances.   7574 is Day Shocker.  Day SAR is at 7641.
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Buy Above or Closer to 7578.65 Target1 - 7595.30  Target2 7623.50 Target3 - 7627.10  Target4 - 7651.65 Target5 - 7664.65 Target6 - 7677.65 Target7 - 7702.90 Target8 - 7728.15 S/L 7574.65-(aggr) /7551.40-(Cons)
OR
Buy Closer to or C.O Above 7526.15 Target1 - 7574.65-7578.65 Target2 - 7595.30  Target3 7623.50 Target4 - 7627.10  Target5 - 7651.65 Target6 - 7664.65 Target7 - 7677.65 Target8 - 7702.90 Target9 - 7728.15 S/L 7526.15 or Day's Low  
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Sell Below or Closer to 7574.65 Target1 - 7557.90  Target2 - 7529.80  Target3 - 7526.15 Target4 - 7501.65 Target5 - 7488.65 Target6 - 7475.65 Target7 - 7450.40 Target8 - 7425.15 S/L 7578.65-(aggr) /7601.90-(Cons)
OR
Sell Closer to  or C.O Below 7627.15 Target1 - 7578.65-7574.65 Target2 - 7557.90  Target3 - 7529.80  Target4 - 7526.15 Target5 - 7501.65 Target6 - 7488.65 Target7 - 7475.65 Target8 - 7450.40 Target9 - 7425.15 S/L 7627.15 or Day's High  
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Banknifty Future
Weak below 14818-14835 and Strong above it.  14319-14356 and 14708  Main Support and  15147-15185   Main Resistances.  14750 is Day Shocker. Day SAR is at 15198.
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Buy Above or Closer to 14876.30 Target1 - 14891.00  Target2 14919.20 Target3 - 14947.30  Target4 - 15019.70 Target5 - 15093.40 Target6 - 15167.05 Target7 - 15240.74 Target8 - 15314.40 S/L 14868.40-(aggr) /14798.65-(Cons)
OR
Buy Closer to or C.O Above 14725.00 Target1 - 14868.40-14876.30 Target2 - 14891.00  Target3 14919.20 Target4 - 14947.30  Target5 - 15019.70 Target6 - 15093.40 Target7 - 15167.05 Target8 - 15240.74 Target9 - 15314.40 S/L 14725.00 or Day's Low  
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Sell Below or Closer to 14868.40 Target1 - 14853.60  Target2 - 14825.50  Target3 - 14797.35 Target4 - 14725.00 Target5 - 14651.30 Target6 - 14577.65 Target7 - 14503.95 Target8 - 14430.30 S/L 14876.30-(aggr) /14946.05-(Cons)
OR
Sell Closer to  or C.O Below 15019.70 Target1 - 14876.30-14868.40 Target2 - 14853.60  Target3 - 14825.50  Target4 - 14797.35 Target5 - 14725.00 Target6 - 14651.30 Target7 - 14577.65 Target8 - 14503.95 Target9 - 14430.30 S/L 15019.70 or Day's High  
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Nifty Spot Hourly Chart EOD 11th July, 2014

f-leg down may be over or about to be over and it may not do a lower low than yesterday. The g-leg up is going to start soon.

Update

Stocks Blog Updated.

Thursday, July 10, 2014

F&O Cues

F&O Cues Updated.

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


Update

Commodities Blog updated.

Pre-Market Levels For 10th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7567-7577 and Strong above it.  7567-7577 Main Support and  7655-7664 and 7674-7680 Main Resistances.   7680 is Day Shocker.  Day SAR is at 7641.
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Buy Above or Closer to 7600.65 Target1 - 7617.30  Target2 7642.00 Target3 - 7645.50  Target4 - 7673.65 Target5 - 7679.50 Target6 - 7685.35 Target7 - 7707.05 Target8 - 7728.70 S/L 7596.65-(aggr) /7576.95-(Cons)
OR
Buy Closer to or C.O Above 7555.30 Target1 - 7596.65-7600.65 Target2 - 7617.30  Target3 7642.00 Target4 - 7645.50  Target5 - 7673.65 Target6 - 7679.50 Target7 - 7685.35 Target8 - 7707.05 Target9 - 7728.70 S/L 7555.30 or Day's Low 
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Sell Below or Closer to 7596.65 Target1 - 7579.90  Target2 - 7555.30  Target3 - 7551.80 Target4 - 7523.65 Target5 - 7517.80 Target6 - 7511.95 Target7 - 7490.25 Target8 - 7468.60 S/L 7600.65-(aggr) /7620.33-(Cons)
OR
Sell Closer to  or C.O Below 7642.00 Target1 - 7600.65-7596.65 Target2 - 7579.90  Target3 - 7555.30  Target4 - 7551.80 Target5 - 7523.65 Target6 - 7517.80 Target7 - 7511.95 Target8 - 7490.25 Target9 - 7468.60 S/L 7642.00 or Day's High  
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Banknifty Future
Weak below 14974-14977 and Strong above it.  14974-14977  Main Support and  15289-15319   Main Resistances.  15115 is Day Shocker. Day SAR is at 15319.
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Buy Above or Closer to 15020.40 Target1 - 15035.20  Target2 15063.30 Target3 - 15091.50  Target4 - 15144.05 Target5 - 15207.85 Target6 - 15271.65 Target7 - 15335.45 Target8 - 15399.25 S/L 15012.50-(aggr) /14952.65-(Cons)
OR
Buy Closer to or C.O Above 14888.85 Target1 - 15012.50-15020.40 Target2 - 15035.20  Target3 15063.30 Target4 - 15091.50  Target5 - 15144.05 Target6 - 15207.85 Target7 - 15271.65 Target8 - 15335.45 Target9 - 15399.25 S/L 14888.85 or Day's Low
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Sell Below or Closer to 15012.50 Target1 - 14997.80  Target2 - 14969.60  Target3 - 14941.45 Target4 - 14888.85 Target5 - 14825.05 Target6 - 14761.25 Target7 - 14697.45 Target8 - 14633.65 S/L 15020.40-(aggr) /15080.25-(Cons)
OR
Sell Closer to  or C.O Below 15144.05 Target1 - 15020.40-15012.50 Target2 - 14997.80  Target3 - 14969.60  Target4 - 14941.45 Target5 - 14888.85 Target6 - 14825.05 Target7 - 14761.25 Target8 - 14697.45 Target9 - 14633.65 S/L 15144.05 or Day's High  
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Update

Stocks Blog Updated.

Wednesday, July 9, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 9th July, 2014


Update

Pullback is due for g-leg up, which should come soon.

Update

Going long at these levels keeping the Budget day in Mind, keep 7600 as S/L may give good risk reward.  Post budget if strength is there it may turn to the Bulls side.

Pre-Market Levels For 9th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7615 and Strong above 7627.  7574-7595 Main Support and  7648-7655 and 7694-7711 Main Resistances.   7772 is Day Shocker.  Day SAR is at 7641.
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Buy Above or Closer to 7650.75 Target1 - 7667.50  Target2 7691.90 Target3 - 7695.60  Target4 - 7723.75 Target5 - 7729.40 Target6 - 7735.05 Target7 - 7756.65 Target8 - 7778.25 S/L 7646.75-(aggr) /7627.15-(Cons)
OR
Buy Closer to or C.O Above 7605.60 Target1 - 7646.75-7650.75 Target2 - 7667.50  Target3 7691.90 Target4 - 7695.60  Target5 - 7723.75 Target6 - 7729.40 Target7 - 7735.05 Target8 - 7756.65 Target9 - 7778.25 S/L 7605.60 or Day's Low  
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Sell Below or Closer to 7646.75 Target1 - 7630.10  Target2 - 7605.60  Target3 - 7601.90 Target4 - 7573.75 Target5 - 7568.10 Target6 - 7562.45 Target7 - 7540.85 Target8 - 7519.25 S/L 7650.75-(aggr) /7670.35-(Cons)
OR
Sell Closer to  or C.O Below 7691.90 Target1 - 7650.75-7646.75 Target2 - 7630.10  Target3 - 7605.60  Target4 - 7601.90 Target5 - 7573.75 Target6 - 7568.10 Target7 - 7562.45 Target8 - 7540.85 Target9 - 7519.25 S/L 7691.90 or Day's High  
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Banknifty Future
Weak below 15025 and Strong above 15049.  14910-14971  Main Support and  15172-15261  Main Resistances.  15398 is Day Shocker. Day SAR is at 15348.
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Buy Above or Closer to 15095.25 Target1 - 15110.00  Target2 15138.15 Target3 - 15166.30  Target4 - 15223.05 Target5 - 15288.90 Target6 - 15354.80 Target7 - 15420.65 Target8 - 15486.55 S/L 15087.35-(aggr) /15025.45-(Cons)
OR
Buy Closer to or C.O Above 14959.55 Target1 - 15087.35-15095.25 Target2 - 15110.00  Target3 15138.15 Target4 - 15166.30  Target5 - 15223.05 Target6 - 15288.90 Target7 - 15354.80 Target8 - 15420.65 Target9 - 15486.55 S/L 14959.55 or Day's Low  
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15087.35 Target1 - 15072.60  Target2 - 15044.40  Target3 - 15016.30 Target4 - 14959.55 Target5 - 14893.70 Target6 - 14827.80 Target7 - 14761.95 Target8 - 14696.05 S/L 15095.25-(aggr) /15157.15-(Cons)
OR
Sell Closer to  or C.O Below 15223.05 Target1 - 15095.25-15087.35 Target2 - 15072.60  Target3 - 15044.40  Target4 - 15016.30 Target5 - 14959.55 Target6 - 14893.70 Target7 - 14827.80 Target8 - 14761.95 Target9 - 14696.05 S/L 15223.05 or Day's High  
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