F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 12th Feb, 2014

Update

Nifty inching up. The gap above is still unfilled. There should be more of upsides.  Buy on dips and sell on rise continues though.  6080, the earlier resistance now is turning into support other than  6050.

3 P.M

Nifty Spot Hourly Chart

Minimum 1st Target achieved @ 6095 for Nifty Spot for corrective B-Wave of x-wave, higher sustaining targets above 6095 only.

2 P.M

Update on Nifty Spot

6090 will be a crucial number for trader and one should remain short below or long above it.

Update

6117 Plus closing will bring strength into Nifty Spot.

Update

Nifty is strongly basing itself around 6050 levels and making that as a strong support.

1 P.M

Update

As mentioned in the morning sell high buy low is the philosophy.

12 Noon

11 A.M

Update

Market may attempt higher levels if nifty spot is able to close above 6117.  Till such time buy on dips towards 6050 and sell on rallies towards 6125.

Pre-Market Levels For 12th February, 2014 Working

Nifty Spot
6353                                Month Shocker
6144.45                           Day SAR
6139                                Month Target 1
6117                                Close above and sustaining vital for Month / Stiff Resistance
6114                                Week Shocker
6097                                Day Bear S/L
6078                                 Day Shocker
6063                                 Long Above / Short Below
6032                                 Crucial support
6028                                  Day Bull S/L

Nifty Future
6163-6171                         Sell All
6131-6136                         Strong Resistance
6113-6124                         Strength Above
6099-6106                         Resistance
6084-6088                         Resistance / Support
6068-6077                         Buy Above / Sell Below
6053-6060                         Strong Support
6044                                  Buy All

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Banknifty Spot
11536                                Month Shocker
10582.55                           Day SAR
10373                                Day Bear S/L
10258                                 Day Shocker
10263                                 Long Above / Short Below
10203                                 Week Shocker
10153                                 Day Bull S/L

Banknifty Future
10540-10560                       Strong Resistance / Sell All
10431-10488                       Resistance / Sell Zone
10340-10354                       Stiff Resistance
10252-10289                       Buy above / Sell Below
10182-10220                       Big Support / Sell Below
10075-10103                       Buy All / Sell All Below