Update

Stocks Blog Updated with Calls for the day 7th May, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 6th May, 2014

Nifty Spot Hourly Chart

Update on Nifty Future

One may also choose get long with S/L 6733.50 from here.

Update o n Nifty Future

As such Nifty Future got sold off from the specified level 6773.70 and now a sell call is running with day high as S/L. 6760 is the most significant level for Nifty Future. As long as or as and when Nifty Future is below 6773.7 it will be in sell Zone.

Update

Commodities Blog Updated with call for the day 6th May, 2014.

Update on Nifty Spot

Nifty has to get decisive soon and climb above 6780 Spot soon to mark the end of f-leg of diametric as maximum allowed time limit is approaching the end. Any break below 6650 will confirm the g-leg failure theory.

Pre-Market Levels For 6th 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
6839-6848                                                                        Stiff Resistance / Sell All
6814-6818                                                                        Strong Resistance
6808-6812                                                                        Vital Resistance
6786-6795                                                                        Stiff Resistance / Real Strength Above
6760                                                                                 Key Number
6739-6750                                                                        Support Zone
6720-6729                                                                        Buy Zone
6713                                                                                 Vital Support
6700                                                                                 Buy All
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 6737.50 Target1 - 6754  Target2 6774 Target3 - 6782  Target4 - 6811 Target5 - 6812 Target6 - 6831 Target7 - 6850 S/L 6733.50-(aggr) /6716.40-(Cons)
OR
Buy Closer to or C.O Above 6697.30 Target1 - 6733-6738 Target2 - 6754  Target3 6774 Target4 - 6782  Target5 - 6811 Target6 - 6812 Target7 - 6831 Target8 - 6850 S/L 6697.30 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 6733.50 Target1 - 6717  Target2 - 6697  Target3 - 6689 Target4 - 6661 Target5 - 6659 Target6 - 6640 Target7 - 6621 S/L 6737.51-(aggr) /6754.60-(Cons)
OR
Sell Closer to  or C.O Below 6773.70 Target1 - 6738-6733 Target2 - 6717  Target3 - 6697  Target4 - 6689 Target5 - 6661 Target6 - 6659 Target7 - 6640 Target8 - 6621 S/L 6773.70 or Day's High  
-------------------------------------------------------------------------------------------------------------------------
If Ranged then  6729 - 6734 to 6769 -6774 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
-------------------------------------------------------------------------------------------------------------------------

Banknifty Future
13210-13245                                                                    Strong Resistance / Above 13179 add more 
                                                                                          longs
13033-13119                                                                     Stiff Resistance / Above 13076 Real                                                                                                       Strength
12972-12984                                                                     Strength Above
12889-12912                                                                     Good Support
12859                                                                                Vital Support
12774                                                                                Strong Support
12655-12687                                                                     Big Buy Zone  
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 12977.50 Target1 - 12992  Target2 13021 Target3 - 13049  Target4 - 13094 Target5 - 13214 Target6 - 13274 Target7 - 13335 S/L 12969.80-(aggr) /12913.50-(Cons)
OR
Buy Closer to or C.O Above 12853.35 Target1 - 12970-12978 Target2 - 12992  Target3 13021 Target4 - 13049  Target5 - 13094 Target6 - 13214 Target7 - 13274 Target8 - 13335 S/L 12853.35 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 12969.80 Target1 - 12955  Target2 - 12927  Target3 - 12899 Target4 - 12853 Target5 - 12733 Target6 - 12673 Target7 - 12613 S/L 12977.50-(aggr) /13033.80-(Cons)
OR
Sell Closer to  or C.O Below 13093.95 Target1 - 12978-12970 Target2 - 12955  Target3 - 12927  Target4 - 12899 Target5 - 12853 Target6 - 12733 Target7 - 12673 Target8 - 12613 S/L 13093.95 or Day's High  
-------------------------------------------------------------------------------------------------------------------------

Update

Stocks Blog Updated with call for the day 6th May, 2014.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 5th May, 2014