Thursday, May 1, 2014

Pre-Market Levels For 2nd May, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
6842-6854                                                                              Stiff Resistance / Sell All
6828-6837                                                                              Resistance
6826                                                                                       Month Strength Above
6810-6819                                                                              Sell Zone / Strength Above
6782-6790                                                                              Strong Resistance
6775                                                                                       Resistance / Strong Above
6751-6761                                                                              Consolidation Zone / Key Zone 
6741                                                                                       Buy More Above / Weak Below 
6713-6721                                                                              Buy Zone / Sell Below
6689-6697                                                                              Strong Buy Zone / Sell More Below
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Buy Above or Closer to 6728.45 Target1 - 6745  Target2 6767 Target3 - 6773  Target4 - 6801 Target5 - 6807 Target6 - 6827 Target7 - 6847 S/L 6724.45-(aggr) /6706.30-(Cons) 
OR
Buy Closer to or C.O Above 6686.20 Target1 - 6724-6728 Target2 - 6745  Target3 6767 Target4 - 6773  Target5 - 6801 Target6 - 6807 Target7 - 6827 Target8 - 6847 S/L 6686.20 or Day's Low 
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Sell Below or Closer to 6724.45 Target1 - 6708  Target2 - 6686  Target3 - 6680 Target4 - 6651 Target5 - 6646 Target6 - 6626 Target7 - 6606 S/L 6728.45-(aggr) /6746.60-(Cons) 
OR
Sell Closer to  or C.O Below 6766.70 Target1 - 6728-6724 Target2 - 6708  Target3 - 6686  Target4 - 6680 Target5 - 6651 Target6 - 6646 Target7 - 6626 Target8 - 6606 S/L 6766.70 or Day's High
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If Ranged then  6702 - 6707 to 6728 - 6733 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then  6719 - 6724 to 6762 -6767 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
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Banknifty Future
13384                                                                                      Strong Resistance
13195-13227                                                                           Sell Zone / Stiff Resistance
13069-13133                                                                           Strong Resistance Zone
12890-12975                                                                           Big Support Zone / Stong Above
12770-12827                                                                           Support
12599-12665                                                                           Buy All

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Buy Above or Closer to 12939.90 Target1 - 12955  Target2 12983 Target3 - 13011  Target4 - 13064 Target5 - 13192 Target6 - 13256 Target7 - 13320 S/L 12932.20-(aggr) /12872.15-(Cons) 
OR
Buy Closer to or C.O Above 12808.20 Target1 - 12932-12940 Target2 - 12955  Target3 12983 Target4 - 13011  Target5 - 13064 Target6 - 13192 Target7 - 13256 Target8 - 13320 S/L 12808.20 or Day's Low  
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Sell Below or Closer to 12932.20 Target1 - 12917  Target2 - 12889  Target3 - 12861 Target4 - 12808 Target5 - 12680 Target6 - 12616 Target7 - 12553 S/L 12939.90-(aggr) /12999.95-(Cons) 
OR
Sell Closer to  or C.O Below 13063.90 Target1 - 12940-12932 Target2 - 12917  Target3 - 12889  Target4 - 12861 Target5 - 12808 Target6 - 12680 Target7 - 12616 Target8 - 12553 S/L 13063.90 or Day's High  
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If Ranged then 12863 - 12874 to 12940 - 12951 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then  12921 - 12932 to 13052 -13063 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
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Update

Call for the day 2nd May, 2014 has been updated in Stocks Blog.

Murrey Math and Options data based position - EOD 30th April, 2014


F&O Cues

F&O Cues Updated.