Thursday, March 13, 2014

Update

Call for the day 14th March,2014 updated in Stocks Blog.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 13th Mar, 2014


Update on Wolf wave

               6536.95 Point 5 broke and gave way to the fall.

Bullish Wolf wave in 1 Min Chart of Nifty Spot

                  If point 5 holds target should be 1-4 trendline.

Nifty Spot Intraday Update

First corrective a-b-c inside second higher level corrective [a]-leg got over already.  Presently we may be in an x-wave thereafter. Nifty Trading in a range therafter. Breakout or breakdown above or below this range will throw more light in Nifty's planned future moves. The trendline supports are clearly there, holding them will ensure continuation of the uptrend.  Since the introduction of VIX future trading there has been extremely high volatility in Nifty, don't know if it would be good for the small traders.  Trade the levels, charts can adjust.



Update

Commodity Call for the day updated.

Update

India Vix Future can bring in more trouble for the retail traders. 

Update

Call for the day updated in Stocks Blog.

Pre-Market Levels For 13th March, 2014 Working

Nifty Future [6339 - 6757 as par FnO Cues]

6623                                                                           Sell All / Hold Above
6606-6612                                                                  Sell Zone
6581-6593                                                                  Sell Zone
6557-6562                                                                  Stiff Resistance
6540-6545                                                                  Crucial / Buy above / Sell below
6531                                                                           Crucial for Week
6521-6526                                                                  Support / Buy Zone / Weak below
6486                                                                           Crucial for the week
6464-6476                                                                  Strong Buy Zone / Sell All below
6462                                                                           Buy All / Sell All below
-----------------------------------------------------------------------------------------------------------

Banknifty Future [11703 - 12474 as par FnO Cues]
12321-12328                                                              Sell All
12112-12166                                                              Resistance Zone
12001-12074                                                              Consolidation Zone
11909-11936                                                              Big Support / Weak below
11723-11775                                                              Buy All / Sell All Below
11579                                                                         Key for week