Update

Stocks Blog updated with calls for the day 25/3/2014.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 24th Mar, 2014

Update on Nifty Spot

6623.6 should  be crossed by Nifty spot in 8 hours from 6181.35, if this upmove is happening after a diametric. If it doesn't happen this upmove may be part of impending incomplete correction. Prices may move back towards 6400-6450 area once again.

Update on Nifty Spot

6550 to remain crucial for the week, trend deciding level .

Update on Nifty Spot

Now consider the Red trendline as crucial support. Typical signs of a bull market is present in the upmove. Sustaining above 6600 will be hell of a job and similarly 6400 should hold.

Complex Situation in Nifty Spot

Possibility of an X-wave completion earlier at 6432.7 as well as last week  at 6481.35 is also there if  prices strengthens past 6523 it may be postive.  However there may be continuation of a ranged trading for sometime.

Pre-Market Levels For 24th March, 2014 Working

Trade the levels Charts can adjust
Nifty Future [6476-6549-6573-6601 as par FnO Cues]
6600                                                                     Sell All / Buy Above
6572-6577                                                            Sell Zone / Strong Resistance
6545-6554                                                            Resistance
6536-6538                                                            More Strength Above
6515-6519                                                            Strong Holding
6493-6502                                                            Big Support
6463-6476                                                            Big Buy Zone / Sell All below


Banknifty Future [11914 - 12153 - 12197- 12241 - 12292 as par FnO Cues]
12469                                                                   Sell All
12378                                                                   Sell All / Huge Resistance
12240-12254                                                        Strong Resistance / Buy More Above
12187                                                                   Resistance
12098-12143                                                        Support Zone
11966-12037                                                        Strong Support / Buy Zone
11831-11858                                                        Buy All

Update

Today is Vix expiry so be very cautious in Nifty trading.