Tuesday, May 20, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 20th May, 2014


Update

One more time Selling Level of Nifty Future worked!

Update on Banknifty Future

Banknifty Sell call did upto Target3 15221 (15171 actual) already.

Update

Watch 7200 CE  for 136-138, below this Nifty will be weak else one can hold or buy longs positionally.   The next buying level is neat 100-105.

Update

The caution was suggested in the morning but trading has been quite easy.

Update on Nifty Future

Buy Above or Closer to 7281.90 Target1 - 7299  Target2 7327 Target3 - 7344  Target4 - 7355 Target5 - 7409 Target6 - 7441 Target7 - 7473 S/L 7277.90-(aggr) /7247.70-(Cons)

Unless the call below gets active the above call is active once again.

Sell Below or Closer to 7277.90 Target1 - 7261  Target2 - 7233  Target3 - 7215 Target4 - 7205 Target5 - 7151 Target6 - 7119 Target7 - 7087 S/L 7281.90-(aggr) /7312.10-(Cons)

Update

Even the sell call gave upto Target 1 7278-7282!

Update

Exit the Nifty future shorts @cmp 7314.

Update on Nifty Future Buy Call

Buy Above or Closer to 7281.90 Target1 - 7299  Target2 7327 Target3 - 7344  Target4 - 7355 Target5 - 7409 Target6 - 7441 Target7 - 7473 S/L 7277.90-(aggr) /7247.70-(Cons)

As discussed yesterday 50% profit booking at Target1, 25% at Target2 and rest near Target3 worked perfectly.

The sell call is also doing fine.

Update on Banknifty Future Call

Sell Below or Closer to 15292.20 Target1 - 15278  Target2 - 15250  Target3 - 15221 Target4 - 15094 Target5 - 14892 Target6 - 14791 Target7 - 14690 S/L 15300.60-(aggr) /15397.55-(Cons)

The above call gets active soon. 

Update

Now the Sell call has day's high as Stop Loss.

Approaching the following Call

Sell Closer to  or C.O Below 7344.30 Target1 - 7282-7278 Target2 - 7261  Target3 - 7233  Target4 - 7215 Target5 - 7205 Target6 - 7151 Target7 - 7119 Target8 - 7087 S/L 7344.30 or Day's High  

Update on Nifty Future

Target 2 7327 Done. One must be out 75% longs by now. 50% at Target1 / 25% at Target2 / Rest near Target 3

Update on Nifty Future.

Nifty Future quickly came up from the buy zone and reached Target1+. One needs to be very cautious today. 

Update on Nifty Future

Buy Above or Closer to 7281.90 Target1 - 7299  Target2 7327 Target3 - 7344  Target4 - 7355 Target5 - 7409 Target6 - 7441 Target7 - 7473 S/L 7277.90-(aggr) /7247.70-(Cons)

Now the above call is active. If Nifty doesn't comfortably scales above 7299 (Target1) it may weaken and the following call will become active

Sell Below or Closer to 7277.90 Target1 - 7261  Target2 - 7233  Target3 - 7215 Target4 - 7205 Target5 - 7151 Target6 - 7119 Target7 - 7087 S/L 7281.90-(aggr) /7312.10-(Cons) 

Pre-Market Levels For 20th May, 2014 Working

Trade the levels, Charts can adjust 
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Fast and Big Moves Expected Nifty Future
Nifty Future
7572                                                                                                Sell All
7494                                                                                                Sell Zone
7417-7427                                                                                       Resistance
7381-7396                                                                                       Sell Zone
7373                                                                                                Key Resistance for the Week / 
                                                                                                        Careful Here
7354                                                                                                Big Resistance / Sell Zone
7339-7344                                                                                       Big Sell Zone / Buy Above
7326-7337                                                                                       Stiff Resistance / Sell Zone / Buy 
                                                                                                        More sustaining Above
7309-7313                                                                                       Key Resistance
7280-7287                                                                                       Strong Support / Buy Zone
7273-7278                                                                                       Big Buy Zone / Sell Below
7260-7270                                                                                       Buy All / Sell All Below
7244-7249                                                                                       Big Buy Zone / Sell Below
7223-7226                                                                                       Last Strong Support
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Buy Above or Closer to 7281.90 Target1 - 7299  Target2 7327 Target3 - 7344  Target4 - 7355 Target5 - 7409 Target6 - 7441 Target7 - 7473 S/L 7277.90-(aggr) /7247.70-(Cons)
OR
Buy Closer to or C.O Above 7215.50 Target1 - 7278-7282 Target2 - 7299  Target3 7327 Target4 - 7344  Target5 - 7355 Target6 - 7409 Target7 - 7441 Target8 - 7473 S/L 7215.50 or Day's Low
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Sell Below or Closer to 7277.90 Target1 - 7261  Target2 - 7233  Target3 - 7215 Target4 - 7205 Target5 - 7151 Target6 - 7119 Target7 - 7087 S/L 7281.90-(aggr) /7312.10-(Cons)
OR
Sell Closer to  or C.O Below 7344.30 Target1 - 7282-7278 Target2 - 7261  Target3 - 7233  Target4 - 7215 Target5 - 7205 Target6 - 7151 Target7 - 7119 Target8 - 7087 S/L 7344.30 or Day's High  
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Banknifty Future
15687-15752                                                                                    Sell All
15533                                                                                               Resistance
15415-15446                                                                                    Stiff Resistance
15350-15359                                                                                    Strong Resistance / Buy More 
                                                                                                         Above
15221-15278                                                                                    Strong Support Zone / Sell All 
                                                                                                         Below
15189-15197                                                                                    Big Support / Buy Zone
14945                                                                                               Last Support / Sell All below / Buy 
                                                                                                         All
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Buy Above or Closer to 15300.60 Target1 - 15315  Target2 15343 Target3 - 15371  Target4 - 15499 Target5 - 15701 Target6 - 15802 Target7 - 15903 S/L 15292.20-(aggr) /15195.25-(Cons)
OR
Buy Closer to or C.O Above 15094.10 Target1 - 15292-15301 Target2 - 15315  Target3 15343 Target4 - 15371  Target5 - 15499 Target6 - 15701 Target7 - 15802 Target8 - 15903 S/L 15094.10 or Day's Low 
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Sell Below or Closer to 15292.20 Target1 - 15278  Target2 - 15250  Target3 - 15221 Target4 - 15094 Target5 - 14892 Target6 - 14791 Target7 - 14690 S/L 15300.60-(aggr) /15397.55-(Cons)
OR
Sell Closer to  or C.O Below 15498.70 Target1 - 15301-15292 Target2 - 15278  Target3 - 15250  Target4 - 15221 Target5 - 15094 Target6 - 14892 Target7 - 14791 Target8 - 14690 S/L 15498.70 or Day's High  
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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 19th May, 2014