F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position

As can be seen 6319 is the entire Range High / Stiff Resistance Main for Nifty Spot based on derivatives Data. Market is at a crucial point anything above 6319 should not be sustainable for Nifty Spot unless the derivatives position changes. Caution has to be taken for longs positions above 6320 as of now based on current data. Weakness below 6260 for Nifty Spot.

Update

CE6200 Buy Triggered @117 and now at 136 is the high made till now.  Nifty is approaching the crucial trendline.

Update

Nifty has made the Higher high and is in the stiff resistance zone.

Update

Going by the clue given by the Market Nifty is lkely to make a Higher high either by today EOD or tomorrow.

2 P.M

Update

6238 is the Key Resistance and  6220 Key Support for the day for Nifty Spot. 

Chinese wall between 6260-6270.

High Risk Option Calls for the Week

6200 CE - Call for the Week
If unable to cross 149, one may write this call Option for the Week closer to 149 only.

Buy above 117 S/L - 95 Target 130 / 149 / 184 / 254

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

6300 PE - Call for the Week
If unable to cross 166, one may Write this Put option for the Week Closer to 166 only.

Buy Holding above 97 S/L - 85 Target 150 / 166 / 199 / 264
Or
Buy between 55-65 S/L - 39 Target 85 / 97 /150 / 166 /199 / 264

1 P.M

Update - Nifty Spot Sell Call

Book Part Profit / Full here @CMP 6332 Nifty Spot. Revise S/L to 6244 for Holding Short Positions.

11 A.M

Nifty Spot Call

Stay Short in the Market Stop Loss 6253 Nifty Spot Target 6200-6210.

Update

Stocks Blog updated for Weekly Levels.

Murrey Math and Options data based position

Today's Job for Nifty Spot will be to close above 6220 for further upside to 6294.
Below 6242 Nifty Future will be Weak and 6281.5 may be the Big Resistance for Nifty Future.

Update

Data Errors in Nifty Corrected.

Update.

Nifty Spot retreating after hitting the border of the Chinese wall 6260-6270.

10 A.M

Update

Nifty and Banknifty Key Values updated.

Update

We had this case for long the moment the Bear Stop Loss was hit at 6200 Nifty Spot.  Now there is Chinese Wall of resistances between 6260-6270 Nifty Spot.

Update on Nifty Spot

6130-6240 in the new range for the week, till breakout / breakdown.

Update

Stocks Blog Updated for Few Stocks. Commodities Blog Updated earlier.