Friday, January 31, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 31st Jan, 2014


Update

Today's close confirms 6415.25 as a top for upto election results perhaps.

3 P.M


2 P.M


Murrey Math and Options data based position - 31st Jan, 2014 1.15 P.M


1 P.M


12 Noon


Nifty Spot Hourly Channel

Strength Above Middle Channel Target Upper Channel and Weak Below Middle Channel Target Lower Channel

Nifty Spot Daily

Watch out the Fibo lines and b-d Line is the big resistance around 6140-6150  and 5970 is the immediate Target.

Update

If the Month close is below 6176.1 there is high chance for Nifty to go towards 5850 in Feb, 2014.


This was posted on

Monday, January 27, 2014

Nifty Spot has prepared the ground for the following initial targets in Feb, 2014 with inbetween oversold pullbacks. 

Target1 = 6079.95 (Achieved)
Target2 = 5985.45
Target3 = 5914.05

Let us see how far and how soon to find out what could be the next moves. Charts were suggesting this kind of correction expectancy since long.

Posted by Sandip Pal at 4:59 PM 

11 A.M



10 A.M


Pre-Market Levels For 30th January , 2014 Working

Market is oversold some pause needed.  Trend is Down.  If Market is able to close above 6176.1 Bearishness erodes.

For 30th Jan, 2014

Nifty Spot
6261                    Month Shocker
6211                    Week Shocker 
6192                    Day SAR
6147                    Selling Level / Buy Above
6110                    Day Bear S/L
6104                    Selling Level / Buy above
6074                    Long Above / Short Below
6037                    Day Bull S/L
5986                    Day Shocker

Nifty Future 
6184-6198           Sell All
6173                    Resistance
6160-6165           Sell Zone
6133-6144           Strong Resistance
6111                    Support
6097-6104           Good Support / Weak Below
6061-6080           Buy All
6046                    Strong Support

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

Banknifty Spot
11284                   Month Shocker
10891                   Month SAR
10675                   Week Shocker
10266                   Day Bear S/L
10153                   Long Above / Short Below
10040                   Day Bull S/L
9933                    Day Shocker

Banknifty Future
10796                   Sell All
10650                   Sell Zone
10542-10601        Sell All / Buy above
10398                   Strength Above
10342-10354        Strong Resistance
10235                   Resistance / Support
9991-10125         Support
9936                    Big Support