Monday, June 2, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 2nd June, 2014


Update on Nifty Future

7372 Done. 7411 Next if sustains above 7372.

Update on Nifty Future

Holding above 6330 the immediate Targets are

Week T2         7411 
Month T1        7372 
Week T1         7345 (Done and next level as and when Nifty comfortably breaches this)

Update on Nifty Future

Did Target 6 (7358.75) almost till now.

Update on Nifty

As anticipated in the morning clearly the e-leg has started.

Update on Nifty Spot

Holding above 6330 the immediate Targets are

Week T2        7411
Month T1 7372
Week T1        7345

Weak below 7312 only.

Repeating 11.10 A.M Post on Nifty Future

7330+          Nifty in Comfort Zone
7312            First Big Resistance
7239-7242   Big Support For the Week
7199-7211   Biggest Support / Nifty can only be considered weak below 

Update on Nifty Future

7340 Is the biggest resistance for the day.

Update on Nifty Future

Now Weakness below 7312 only.

Update on Nifty Future

Now only worry below

Sell Closer to  or C.O Below 7296.20 Target1 - 7235.65-7231.65 S/L Day's High

Update

Target 4 (7308.5) Done.

Update on Nifty Future for the Week and the Weekly levels

7330+      Nifty in Comfort Zone
7312       First Big Resistance
7239-7242  Big Support For the Week
7199-7211  Biggest Support / Nifty can only be considered weak below 

Update on Nifty Future

Overall buy on dips now unless we go below 7245-7250, the sell call comes near below.

Sell Closer to  or C.O Below 7296.20 Target1 - 7235.65-7231.65 Target2 - 7214.90  Target3 - 7186.80  Target4 - 7171.10 Target5 - 7158.65 Target6

Update on Nifty Future

Reached upto Target2 75% qty must be booked.

Update on Nifty Future

7255-7261                                                                              Strength Above / Weak Below

Facing resistance.

Update on Nifty Future

Simple summary for the day
7235-7239                                                                              Long Above / Short Below

Buy Above or Closer to 7235.65 Target1 - 7252.30  Target2 7280.50 Target3 - 7296.20  Target4 - 7308.65 Target5 - 7333.70 Target6 - 7358.75 Target7 - 7390.00 Target8 - 7421.30 S/L 7231.65-(aggr) /7202.40-(Cons)

is active now

Pre-Market Levels For 2nd June, 2014 Working

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

Nifty Future(7214-7234-7258)
7311-7321                                                                              Sell All
7273-7283                                                                              Buy More Above / Sell Zone   
7255-7261                                                                              Strength Above / Weak Below
7235-7239                                                                              Long Above / Short Below
7228                                                                                       Key for the day
7204-7214                                                                              Buy Zone / Sell More Below
7179-7184                                                                              Buy All                                                                                                              
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Buy Above or Closer to 7235.65 Target1 - 7252.30  Target2 7280.50 Target3 - 7296.20  Target4 - 7308.65 Target5 - 7333.70 Target6 - 7358.75 Target7 - 7390.00 Target8 - 7421.30 S/L 7231.65-(aggr) /7202.40-(Cons)
OR
Buy Closer to or C.O Above 7171.10 Target1 - 7231.65-7235.65 Target2 - 7252.30  Target3 7280.50 Target4 - 7296.20  Target5 - 7308.65 Target6 - 7333.70 Target7 - 7358.75 Target8 - 7390.00 Target9 - 7421.30 S/L 7171.10 or Day's Low  
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Sell Below or Closer to 7231.65 Target1 - 7214.90  Target2 - 7186.80  Target3 - 7171.10 Target4 - 7158.65 Target5 - 7133.60 Target6 - 7108.55 Target7 - 7077.30 Target8 - 7046.00 S/L 7235.65-(aggr) /7264.90-(Cons)
OR
Sell Closer to  or C.O Below 7296.20 Target1 - 7235.65-7231.65 Target2 - 7214.90  Target3 - 7186.80  Target4 - 7171.10 Target5 - 7158.65 Target6 - 7133.60 Target7 - 7108.55 Target8 - 7077.30 Target9 - 7046.00 S/L 7296.20 or Day's High  
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Banknifty Future
15308-15349                                                                            Sell All
15239-15270                                                                            Sell Area / Resistance                          
15125                                                                                       Stiff Resistance
15006-15040                                                                            Resistance Zone                
14927-14987                                                                            Sell Zone / Hold Longs Above
14790-14883                                                                            Strength Above
14750-14770                                                                            Buy Zone
14620                                                                                       Buy All / Sell All Below                                                                                                      
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Buy Above or Closer to 14763.05 Target1 - 14777.70  Target2 14805.80 Target3 - 14834.00  Target4 - 14971.20 Target5 - 15077.30 Target6 - 15183.40 Target7 - 15289.50 Target8 - 15395.65 S/L 14754.85-(aggr) /14652.85-(Cons)
OR
Buy Closer to or C.O Above 14546.70 Target1 - 14754.85-14763.05 Target2 - 14777.70  Target3 14805.80 Target4 - 14834.00  Target5 - 14971.20 Target6 - 15077.30 Target7 - 15183.40 Target8 - 15289.50 Target9 - 15395.65 S/L 14546.70 or Day's Low 
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Sell Below or Closer to 14754.85 Target1 - 14740.30  Target2 - 14712.10  Target3 - 14683.95 Target4 - 14546.70 Target5 - 14440.60 Target6 - 14334.50 Target7 - 14228.40 Target8 - 14122.25 S/L 14763.05-(aggr) /14865.05-(Cons)
OR
Sell Closer to  or C.O Below 14971.20 Target1 - 14763.05-14754.85 Target2 - 14740.30  Target3 - 14712.10  Target4 - 14683.95 Target5 - 14546.70 Target6 - 14440.60 Target7 - 14334.50 Target8 - 14228.40 Target9 - 14122.25 S/L 14971.20 or Day's High  
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Update on Nity Spot Hourly Chart

Holding Friday's Low 7223.1(Nifty Future) and 7217.15(Nifty Spot) Approx., Nifty is likely to move up in e-leg from here else d-leg down move continues.

Update

Commodities Blog Updated with Calls for the day.

Update

Stocks Blog Updated with Calls for the day.