Wednesday, January 29, 2014

Nifty Spot Alternate count


F&O Cues

F&O Cues Updated.

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


Nifty Spot EOD

Move is trending, below 6070 Nifty may become quite weak

After close of Market


Update

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

2 P.M


Update

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

1 P.M


Update

Nifty is not yet showing true color.

12 Noon


Fresh Call

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

11 A.M


Call For the day

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

10 A.M


Update

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

Update

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

Pre-Market Levels For 29th January , 2014 Working

Day may be volatile with positive bias

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

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

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

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