F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 26th May, 2014

Update

7324 is the Stop Loss for Nifty Longs if somebody is holding for tomorrow. May be a good idea.

Update

Book profit in Nifty Future Longs taken near 7330.

Update

One may attempt to buy Nifty for some pullback now @Cmp 7330.

Nifty Future Update

Targets are getting achieved quickly.  This fast moves are the nature of the triangles.

Update on Nifty Future

Sustaining above 7506 is the S/L for all traders who wants to short positionally.

Update

c-leg of g of 2nd corrective may be complete and Nifty May again fall towards 7300-7350 or more.

Tentative Count of Nifty Spot Hourly Chart

       Probabilty that the g-leg of the 2nd corrective is happening as a triangle.

Update

Nifty in weak Zone and failed to cross and close above 7506 as of Now. More weakness below 7466 only.

Update on Nifty Future

7456-7466 / 7470 Buy buy zone for the day.

Nifty Future Update

7526                                                                                             Big Resistance
7504-7515                                                                                    Stiff Resistance (Prices retraced!)

Upside may be capped for the day from here as above. Some fast move may come towards EOD on swearing in Expectation.

Update

Now 7506 Vital for the day / Week.

Reposting Nifty Future Call for the Week

Levels for the Week for Nifty Future

Week Can't Cross 7506 Week Target1 7417 / Target2 7396 /Target3 7364 Else Target  Week Target1 7527 / Target2 7548 / Target3 7589 / Target4 7631

* Note even if after crossing 7506 if Nifty Future breaks 7506 the lower level targets may come

Update on Nifty Future

7500 Achieved.

Update

Crossing about 7480 may give some boost for Nifty Spot.

Update on Nifty Spot

Nifty Near channel top and 80% retracement level.  

Update

7466 is Key now for the day for Nifty Future.

Update for Nifty Future

Levels for the Week for Nifty Future

Week Can't Cross 7506 Week Target1 7417 / Target2 7396 /Target3 7364 Else Target  Week Target1 7527 / Target2 7548 / Target3 7589 / Target4 7631

* Note even if after crossing 7506 if Nifty Future breaks 7506 the lower level targets may come.

Update on Nifty Future

Look t the following levels for support if any deeper fall happens.
7430-7437                                                                                    Strong Resistance / Now turned 
                                                                                                      Support
7416-7422                                                                                    Key / Long Safe Above

Update

Above 7466 Price Momentum towards 7500 may come.

Update on Nifty Future

As mentioned in Pre-Market
7450-7456                                                                                    Crucial for more longs or shorting   
Sustaining above may give us 7500 easily.

Update

Remain in caution at higher levels as big gap left below by both Nifty Spot and Future.

Update

Easily crossed some of the stiff Resistances as of now sunstaining above 7450-7456 range is vital to see 7500 today and we have a Sell Closer to  or C.O Below 7445.75.

Pre-Market Levels For 26th May, 2014 Working

For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Fast and Big Moves Expected Nifty Future
Trade the Levels Charts Can Adjust Nifty Future
7655                                                                                             Year Target2
7585-7602                                                                                    Sell All                
7538-7541                                                                                    Sell Zone
7526                                                                                             Big Resistance
7504-7515                                                                                    Stiff Resistance
7450-7456                                                                                    Crucial for more longs or shorting
7441-7446                                                                                    Stiff Resistance
7430-7437                                                                                    Strong Resistance
7416-7422                                                                                    Key / Long Safe Above
7384-7389                                                                                    Buy More Above
7376-7383                                                                                    Short Below / Long Above / Big 
                                                                                                     Support
7354                                                                                             Buying Level / Bigger Support
7346 - 7351                                                                                  Big Buy Here
7329-7333                                                                                    Buy All

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Buy Above or Closer to 7384.10 Target1 - 7400.80  Target2 7428.95 Target3 - 7445.80  Target4 - 7457.10 Target5 - 7509.45 Target6 - 7541.25 Target7 - 7573.10 S/L 7380.10-(aggr) /7350.25-(Cons)
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Sell Closer to  or C.O Below 7445.75 Target1 - 7384.10-7380.10 Target2 - 7363.40  Target3 - 7335.30  Target4 - 7318.45 Target5 - 7307.10 Target6 - 7254.75 Target7 - 7222.95 Target8 - 7191.10 S/L 7445.75 or Day's High  
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Banknifty Future
15991                                                                                             Sell All / Buy More Above
15752                                                                                             Strong Resistance
15551-15556                                                                                  Stiff Resistance / Buy More Above
15340-15371                                                                                  Support Zone / Longs Safe Above
15310                                                                                             Weak Below
15211-15246                                                                                  Buy All / Sell Below

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Buy Above or Closer to 15352.85 Target1 - 15367.40  Target2 15395.55 Target3 - 15423.70  Target4 - 15556.55 Target5 - 15764.40 Target6 - 15868.35 Target7 - 15972.30 S/L 15344.55-(aggr) /15244.75-(Cons)
OR
Buy Closer to or C.O Above 15140.85 Target1 - 15344.55-15352.85 Target2 - 15367.40  Target3 15395.55 Target4 - 15423.70  Target5 - 15556.55 Target6 - 15764.40 Target7 - 15868.35 Target8 - 15972.30 S/L 15140.85 or Day's Low
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Sell Below or Closer to 15344.55 Target1 - 15330.00  Target2 - 15301.90  Target3 - 15273.70 Target4 - 15140.85 Target5 - 14933.00 Target6 - 14829.05 Target7 - 14725.11 S/L 15352.85-(aggr) /15452.65-(Cons)
OR
Sell Closer to  or C.O Below 15556.55 Target1 - 15352.85-15344.55 Target2 - 15330.00  Target3 - 15301.90  Target4 - 15273.70 Target5 - 15140.84 Target6 - 14933.00 Target7 - 14829.05 Target8 - 14725.10 S/L 15556.55 or Day's High  
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