F&O Cues

F&O Cues Updated.

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

Update

If you look at it another sell call got active and reached the 1st Target as under :

Sell Below or Closer to 7298.60 Target1 - 7282  Target2 - 7254  Target3 - 7236 Target4 - 7226 Target5 - 7172 Target6 - 7140 Target7 - 7107 S/L 7302.60-(aggr) /7332.80-(Cons)

Update on Nifty Future

Target done.

Update on Nifty Future

Exit Longs near 7295-7300.

Time to watch out for the following call

Buy Closer to or C.O Above 7236.15 Target1 - 7299-7303 Target2 - 7319  Target3 7347 Target4 - 7365  Target5 - 7376 Target6 - 7429 Target7 - 7462 Target8 - 7494 S/L 7236.15 or Day's Low 

Update

Target 3 done on sell Call for Nifty Future. Book 100% profit here.

Update on Nifty Future

After booking 50% shorts we are holding our shorts initiated at 7298.6 with Day's High (7316.95) as Stop Loss.

Update on Nifty Future

Strength only above 7302.60 and thereafter buy call becomes active.

Update

As long as Nifty Future remains below 7290 the Weakness will continue.

Additional Call on Nifty Future other than already given

Buy Closer to or C.O Above 7236.15 Target1 - 7299-7303 Target2 - 7319  Target3 7347 Target4 - 7365  Target5 - 7376 Target6 - 7429 Target7 - 7462 Target8 - 7494 S/L 7236.15 or Day's Low

Update on Nifty Future

Sell call got active below 7298.6 and Target1 Achieved. As a rule 50% profit booking at Target 1, 25% at Target 2 and rest at Target 3.

Pre-Market Levels For 21st 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
7358 - 7368                                                                                    Sell All / Buy Above
7343 - 7353                                                                                    Stiff Resistance
7315 - 7322                                                                                    Consolidation Zone
7292 - 7302                                                                                    Consolidation Zone
7262 - 7272                                                                                    Buy All / Sell Below
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Buy Above or Closer to 7302.60 Target1 - 7319  Target2 7347 Target3 - 7365  Target4 - 7376 Target5 - 7429 Target6 - 7462 Target7 - 7494 S/L 7298.60-(aggr) /7268.40-(Cons)
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Sell Below or Closer to 7298.60 Target1 - 7282  Target2 - 7254  Target3 - 7236 Target4 - 7226 Target5 - 7172 Target6 - 7140 Target7 - 7107 S/L 7302.60-(aggr) /7332.80-(Cons)
OR
Sell Closer to  or C.O Below 7365.05 Target1 - 7303-7299 Target2 - 7282  Target3 - 7254  Target4 - 7236 Target5 - 7226 Target6 - 7172 Target7 - 7140 Target8 - 7107 S/L 7365.05 or Day's High  
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Banknifty Future
15480                                                                                          Stiff Resistance / Buy More Above
15376 - 15411                                                                             Sell All / Buy Above
15272 - 15314                                                                             Strong Resistance
15200 - 15225                                                                             Consolidation Zone
15180 - 15195                                                                             Consolidation Zone
15073 - 15110                                                                             Buy All / Sell Below

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Buy Above or Closer to 15206.75 Target1 - 15221  Target2 15249 Target3 - 15278  Target4 - 15405 Target5 - 15607 Target6 - 15708 Target7 - 15809 S/L 15198.35 -(aggr) /15101.50-(Cons)
OR
Buy Closer to or C.O Above 15000.50 Target1 - 15198-15207 Target2 - 15221  Target3 15249 Target4 - 15278  Target5 - 15405 Target6 - 15607 Target7 - 15708 Target8 - 15809 S/L 15000.50 or Day's Low
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Sell Below or Closer to 15198.35 Target1 - 15184  Target2 - 15156  Target3 - 15128 Target4 - 15000 Target5 - 14798 Target6 - 14697 Target7 - 14596 S/L 15206.75-(aggr) /15303.60-(Cons)
OR
Sell Closer to  or C.O Below 15404.60 Target1 - 15207-15198 Target2 - 15184  Target3 - 15156  Target4 - 15128 Target5 - 15000 Target6 - 14798 Target7 - 14697 Target8 - 14596 S/L 15404.60 or Day's High  
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