Monday, April 21, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 21st April, 2014


Nifty Future Call worked appropriately

Nifty Future Buy call got active near 6801.95 (low for the day was 6801.2) and has made upto target3 (6847). In Pre-market level 6848-6857 had been specified as Stiff Resistance and Sell All Zone, Nifty made a high of 6849.60 in that range only and got sold off towards late hours.

Update

Time correction without much of price correction is bullish for expiry.