Monday, March 10, 2014

F&O Cues

F&O Cues Updated.

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


Update

Commodity Calls for the day working well.

Current Upmove chart of Nifty Spot


Update on Nifty Spot

A correction (only on break of 6496) and visit towards 6380-6420 may be expected this week. Whether one more higher high is pending or not, needs to be seen.

Wave a of second corrective triangle going on with following targets with intermediate corrections (if 6212 is not broken)  :

Target 1 6496.61 (Done) /  Target 2 - 6529.78 (Done) /  Target 3  - 6672.36

Update

6538 will be crucial for the day for Nifty Spot.

Update

Banknifty Spot levels are incorrect please ignore.