Thursday, May 29, 2014

Update on Nifty Future

Target 3 Done (7361.75) - Actual (7361.60) !

Update on Nifty Future

Work with the levels blindly for best results and this will work 99% of days. Morning only the sell call got active (at 7330.10) and gave upto target2(7285.3) and more(7276).

*Profit Booking strategy 50% at target1 / 25% at Target2 and rest at Target 3 or at revisit of Target 1
* Only on trend days all targets may be achieved

The Call worked

Sell Below or Closer to 7330.10 Target1 - 7313.40  Target2 - 7285.30  Target3 - 7261.75 Target4 - 7257.10 Target5 - 7191.40 Target6 - 7156.20 Target7 - 7121.00 S/L 7334.10-(aggr) /7367.30-(Cons).

Reached 1st Target and close to 2nd target.

Nifty 7200 CE buy Call

Buy Nifty 7200 CE cmp@122 Target 146 / 154  S/L 103.

Pre-Market Levels For 29th May, 2014 Working

Trade the Levels Charts Can Adjust
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future (7267-7301-7335-7369-7384 Watch out)
7377-7385                                                                                    Big Resistance / Buy More Above
7344-7346                                                                                    Key
7324-7333                                                                                    Buy Above / Sell Below
7304                                                                                             Buy All / Sell All below
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Buy Above or Closer to 7334.10 Target1 - 7350.80  Target2 7378.95 Target3 - 7402.50  Target4 - 7407.10 Target5 - 7472.80 Target6 - 7508.00 Target7 - 7543.20 S/L 7330.10-(aggr) /7296.90-(Cons)
OR
Buy Closer to or C.O Above 7261.75 Target1 - 7330.10-7334.10 Target2 - 7350.80  Target3 7378.95 Target4 - 7402.50  Target5 - 7407.10 Target6 - 7472.80 Target7 - 7508.00 Target8 - 7543.20 S/L 7261.75 or Day's Low
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Sell Below or Closer to 7330.10 Target1 - 7313.40  Target2 - 7285.30  Target3 - 7261.75 Target4 - 7257.10 Target5 - 7191.40 Target6 - 7156.20 Target7 - 7121.00 S/L 7334.10-(aggr) /7367.30-(Cons)
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Banknifty Future(15033-15103-15174-15244-15276)
15360                                                                                        Sell All
15228-15279                                                                             Big Resistance / Buy More Above
15160-15178                                                                             Key
15072                                                                                        Buy All / Sell All below

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Buy Above or Closer to 15172.35 Target1 - 15186.90  Target2 15215.05 Target3 - 15243.20  Target4 - 15399.15 Target5 - 15630.15 Target6 - 15745.65 Target7 - 15861.10 S/L 15164.05-(aggr) /15052.70-(Cons)
OR
Buy Closer to or C.O Above 14937.25 Target1 - 15164.05-15172.35 Target2 - 15186.90  Target3 15215.05 Target4 - 15243.20  Target5 - 15399.15 Target6 - 15630.15 Target7 - 15745.65 Target8 - 15861.10 S/L 14937.25 or Day's Low
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Sell Below or Closer to 15164.05 Target1 - 15149.50  Target2 - 15121.40  Target3 - 15093.20 Target4 - 14937.25 Target5 - 14706.25 Target6 - 14590.75 Target7 - 14475.30 S/L 15172.35-(aggr) /15283.70-(Cons)
OR
Sell Closer to  or C.O Below 15399.15 Target1 - 15172.35-15164.05 Target2 - 15149.50  Target3 - 15121.40  Target4 - 15093.20 Target5 - 14937.25 Target6 - 14706.25 Target7 - 14590.75 Target8 - 14475.30 S/L 15399.15 or Day's High  
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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 29th May, 2014