Update

Calls for the day 14th May, 2014 updated in Stocks Blog.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 14th May, 2014

Response to query

Dear Sudheer,
You can bet on 6800 CE Holding 407 (exit if sustains below only)  for the following Targets this month 464 / 506 / 547 / 613 / 678 or More. The Low made today 420 and CMP is 443.55. see tomorrow what low it makes. But one may start accumulating in range 407- 423 - 444 (Tomorrow) or above 464(on Tomorrow / Friday).

Update

An NR4(Narrow Range Day) today,  Expect one more tomorrow so that it may be prepared for the big day on Friday for the big move.

Update on Nifty Future

7100 is emerging as strong support  for Nifty Future, as discussed yesterday.

Update on Nifty Future

Corrective trading is always difficult. Looks like it may test 7090 Nifty Future.

Update on Nifty Future

Buy Above or Closer to 7137.30 Target1 - 7154  Target2 7181 S/L 7122.50-(aggr) /7112.25-(Cons).

Only for Intraday traders, Positional Longs with earlier mentioned S/L remains.

Update on Nifty Future

Weakness below 7135 for the day as of Now as par Market (Volume) profile and strength above 7160.

Update on Nifty Spot

Under normal circumstances either 7065 or 7152 is expected for Nifty Spot. Till now High and Low has been 7142.25 and 7096.15.

Update on Nifty Future

Weakness only below 7123 for Nifty Future. If one would have sold at 7171 we got a 40 point correction already.

Update

Traders may look to part profit booking near 7181 and cover 40 points below or rebuy if 7203 is taken out.

Update on Nifty Future

Trend is up Unless and until Nifty closes below previous day's Low. Trading may be highly risky. 7100 emerging as a strong support.  Holding onto the longs positional is far better. We already know when to exit.  Yesterday mentioned that 7029 is the Stop loss for all longs for the Month and 7069 for the Week but first S/L will be close below 7078.8 - (Yesterday's Low) for Nifty Future and Close below 7067.15 - (Yesterday's low) for Nifty Spot.

Update on Nifty Future

Sustaining below 7126 one can look at shorting Nifty, time to deal with the following call but things may happen very fast.  

If Ranged then  7128 - 7133 to 7176 -7181 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour

Pre-Market Calls For 14th May, 2014 Working

Nifty Future
Buy Above or Closer to 7137.30 Target1 - 7154  Target2 7181 Target3 - 7182  Target4 - 7210 Target5 - 7227 Target6 - 7251 Target7 - 7274 S/L 7133.30-(aggr) /7112.25-(Cons)
OR
Buy Closer to or C.O Above 7089.20 Target1 - 7133-7137 Target2 - 7154  Target3 7181 Target4 - 7182  Target5 - 7210 Target6 - 7227 Target7 - 7251 Target8 - 7274 S/L 7089.20 or Day's Low
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Sell Below or Closer to 7133.30 Target1 - 7117  Target2 - 7089  Target3 - 7088 Target4 - 7060 Target5 - 7043 Target6 - 7020 Target7 - 6997 S/L 7137.30-(aggr) /7158.35-(Cons)
OR
Sell Closer to  or C.O Below 7181.40 Target1 - 7137-7133 Target2 - 7117  Target3 - 7089  Target4 - 7088 Target5 - 7060 Target6 - 7043 Target7 - 7020 Target8 - 6997 S/L 7181.40 or Day's High  
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If Ranged then  7108 - 7113 to 7137 - 7142 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
OR
If Ranged then  7128 - 7133 to 7176 -7181 will be the trading range, with +/- 1 Point Possible Deviation extra for every Hour
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Bank Nifty Future
Buy Above or Closer to 14261.35 Target1 - 14276  Target2 14304 Target3 - 14332  Target4 - 14397 Target5 - 14537 Target6 - 14607 Target7 - 14677 S/L 14253.35-(aggr) /14187.35-(Cons)
OR
Buy Closer to or C.O Above 14117.40 Target1 - 14253-14261 Target2 - 14276  Target3 14304 Target4 - 14332  Target5 - 14397 Target6 - 14537 Target7 - 14607 Target8 - 14677 S/L 14117.40 or Day's Low  
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Sell Below or Closer to 14253.35 Target1 - 14239  Target2 - 14210  Target3 - 14182 Target4 - 14117 Target5 - 13977 Target6 - 13907 Target7 - 13837 S/L 14261.35-(aggr) /14327.35-(Cons)
OR
Sell Closer to  or C.O Below 14397.30 Target1 - 14261-14253 Target2 - 14239  Target3 - 14210  Target4 - 14182 Target5 - 14117 Target6 - 13977 Target7 - 13907 Target8 - 13837 S/L 14397.30 or Day's High  
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If Ranged then 14178 - 14189 to 14261 - 14272 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour
OR
If Ranged then  14242 - 14253 to 14386 -14397 will be the trading range, with +/- 10 Points Possible Deviation extra for every Hour

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Update

Commodities and Stocks Blog Updated with Calls for the day.