F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 18th June, 2014

Nifty Spot Daily Chart

As we can see break of 7500 can bring in a fast fall in the market. The movement of last couple of days is looking risky for Nifty. FII participation has reduced and DII's are selling. There is a possibility of a fall towards 7200-7300 in such a case. Caution is needed.

Nifty Hourly Chart

     A diametric may be in the offering as b-leg of the e-leg of the 2nd corrective.

Update on Banknifty Future

Even Banknifty Future Sell Call gave upto Target 5.

Sell Below or Closer to 15440.25 Target1 - 15425.60  Target2 - 15397.40  Target3 - 15369.30 Target4 - 15275.55 Target5 - 15191.15 Target6 - 15106.75 Target7 - 15022.40 Target8 - 14938.00 S/L 15448.35-(aggr) /15528.70-(Cons)

Update on Nifty Future

The Sell Call :
Sell Below or Closer to 7655.40 Target1 - 7638.70  Target2 - 7610.50  Target3 - 7608.15 Target4 - 7582.40 Target5 - 7570.64 Target6 - 7558.90 Target7 - 7534.25 Target8 - 7509.60 S/L 7659.40-(aggr) /7682.03-(Cons)

Achieved upto target 7 already. 

Update

7678.5 needs to be retraced by Nifty Spot today.

Update

Commodities Blog updated with levels for the day.

Update

It was given :
Nifty Future Weak below 7634 and strong above 7667.  

and Nifty Future has been in the range only.

Pre-Market Levels For 18th 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 Weak below 7634 and strong above 7667.  
Nifty Future (7586/7596-7608/7620-7634-7655/59-7667-7678/83-7704/14)
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Buy Above or Closer to 7659.40 Target1 - 7676.10  Target2 7704.25 Target3 - 7706.70  Target4 - 7732.40 Target5 - 7744.15 Target6 - 7755.90 Target7 - 7780.55 Target8 - 7805.20 S/L 7655.40-(aggr) /7632.75-(Cons)
OR
Buy Closer to or C.O Above 7608.15 Target1 - 7655.40-7659.40 Target2 - 7676.10  Target3 7704.25 Target4 - 7706.70  Target5 - 7732.40 Target6 - 7744.15 Target7 - 7755.90 Target8 - 7780.55 Target9 - 7805.20 S/L 7608.15 or Day's Low 
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Sell Below or Closer to 7655.40 Target1 - 7638.70  Target2 - 7610.50  Target3 - 7608.15 Target4 - 7582.40 Target5 - 7570.64 Target6 - 7558.90 Target7 - 7534.25 Target8 - 7509.60 S/L 7659.40-(aggr) /7682.03-(Cons)
OR
Sell Closer to  or C.O Below 7706.65 Target1 - 7659.40-7655.40 Target2 - 7638.70  Target3 - 7610.50  Target4 - 7608.15 Target5 - 7582.40 Target6 - 7570.64 Target7 - 7558.90 Target8 - 7534.25 Target9 - 7509.60 S/L 7706.65 or Day's High  
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Banknifty Future(15235-15314-15392/95-15462/86-15501-15563-15601-15667/70) 
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Buy Above or Closer to 15448.35 Target1 - 15463.00  Target2 15491.15 Target3 - 15519.30  Target4 - 15613.05 Target5 - 15697.45 Target6 - 15781.85 Target7 - 15866.20 Target8 - 15950.60 S/L 15440.25-(aggr) /15359.90-(Cons)
OR
Buy Closer to or C.O Above 15275.55 Target1 - 15440.25-15448.35 Target2 - 15463.00  Target3 15491.15 Target4 - 15519.30  Target5 - 15613.05 Target6 - 15697.45 Target7 - 15781.85 Target8 - 15866.20 Target9 - 15950.60 S/L 15275.55 or Day's Low
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Sell Below or Closer to 15440.25 Target1 - 15425.60  Target2 - 15397.40  Target3 - 15369.30 Target4 - 15275.55 Target5 - 15191.15 Target6 - 15106.75 Target7 - 15022.40 Target8 - 14938.00 S/L 15448.35-(aggr) /15528.70-(Cons)
OR
Sell Closer to  or C.O Below 15613.05 Target1 - 15448.35-15440.25 Target2 - 15425.60  Target3 - 15397.40  Target4 - 15369.30 Target5 - 15275.55 Target6 - 15191.15 Target7 - 15106.75 Target8 - 15022.40 Target9 - 14938.00 S/L 15613.05 or Day's High  
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Update

Few doubts to be clarified on the Nifty Spot Chart structure in a day or two. Need to watch the price behaviour to finalize labelling.

Update

Stocks Blog Updated with Levels for the day.