Thursday, May 22, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 22nd May, 2014


Update for Nifty Future

At last got the downside target too.

Call on Nifty CE - Valid today and tomorrow

Buy Nifty 7200 CE above 154 Target 171 / 187 / 214 S/L 135.

Update

Unlike last 2 days the profitability has been low as vix has fallen a lot.   Last 2 days we got 4 times moves between the ranges.

Update for Nifty Future

Now 7310-7317 will act as big support. Weak below this only.

Update on Nifty Future

Target2 7326.85 done. Total 75 profit must have been booked?

Update

Profit Booking rules
50% at Target1
25% at Target2 
25% at Target3 (near)

Update

Nifty Future Buy Call nearing target 2.

Sell Call For the Day for Nifty Future

Sell Closer to  or C.O Below 7342.40 Target1 - 7282.00-7278.00 Target2 - 7261.30  Target3 - 7233.20  Target4 - 7217.60 Target5 - 7205.00 Target6 - 7155.15 Target7 - 7123.95 Target8 - 7092.75 S/L 7342.40 or Day's High  

Update

Normal Trading Rules
Target1- 50% Profit booking Target2 - 25% profit Booking and Target3 - Balance profit booking.

Call As of Now in Nifty Future

Buy Above or Closer to 7282.00 Target1 - 7298.70  Target2 7326.85 Target3 - 7342.40  Target4 - 7355.00 Target5 - 7404.85 Target6 - 7436.05 Target7 - 7467.25 S/L 7278.00-(aggr) /7248.80-(Cons)
OR
Sell Below or Closer to 7278.00 Target1 - 7261.30  Target2 - 7233.20  Target3 - 7217.60 Target4 - 7205.00 Target5 - 7155.15 Target6 - 7123.95 Target7 - 7092.75 S/L 7282.00-(aggr) /7311.20-(Cons)