F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 7th July, 2014

Update on 7800 July CE

Revised S/L is at 136.

Postional Call

Buy 7800 July CE CMP 146 Target 157/176/186/195 S/L 113 

Pre-Market Levels For 7th July, 2014 Working

For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

7690-7721 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month.
Nifty Future
Weak below 7753 and Strong above 7791.  7735-7750 Main Support and  7814-7824 and 7833-7846 Main Resistances.   7743 is Key.  Day SAR is at 7628.
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Buy Above or Closer to 7784.50 Target1 - 7801.20  Target2 7814-7826.80 Target3 - 7829.40-7833  Target4 - 7846-7857.50 Target5 - 7864.30  S/L 7780.50-(aggr) /7760.35-(Cons)
OR
Buy Closer to or C.O Above 7738.20 Target1 - 7754-7763.80 Target2 - 7780.50-7784.50 Target3 - 7801.20  Target4 7814-7826.80 Target5 - 7829.40  Target6 - 7846-7857.50 Target7 - 7864.30  S/L 7738.20 or Day's Low 
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Sell Below or Closer to 7780.50 Target1 - 7753-7763.80  Target2 - 7738.20-7743  Target3 - 7726-7735.65  S/L 7784.50-(aggr) /7804.65-(Cons)
OR
Sell Closer to  or C.O Below 7826.80 Target1 - 7784.50-7780.50 Target2 - 7753-7763.80  Target3 - 7738.20  Target4 - 7726-7735.65 S/L 7826.80 or Day's High  
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Banknifty Future
Weak below 15627 and Strong above 15703.  15508-15537  Main Supports and  15696-15711 and 15814-15865 Main Resistances.  15590 is Key. Day SAR is at 15329.
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Buy Above or Closer to 15690.40 Target1 - 15705.00  Target2 15733.20 Target3 - 15761.30  Target4 - 15818.95 Target5 - 15885.25 Target6 - 15951.55 Target7 - 16017.85 Target8 - 16084.15 S/L 15682.30-(aggr) /15620.05-(Cons)
OR
Buy Closer to or C.O Above 15553.75 Target1 - 15682.30-15690.40 Target2 - 15705.00  Target3 15733.20 Target4 - 15761.30  Target5 - 15818.95 Target6 - 15885.25 Target7 - 15951.55 Target8 - 16017.85 Target9 - 16084.15 S/L 15553.75 or Day's Low  
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Sell Below or Closer to 15682.30 Target1 - 15667.60  Target2 - 15639.50  Target3 - 15611.35 Target4 - 15553.75 Target5 - 15487.45 Target6 - 15421.15 Target7 - 15354.85 Target8 - 15288.55 S/L 15690.40-(aggr) /15752.65-(Cons)
OR
Sell Closer to  or C.O Below 15818.95 Target1 - 15690.40-15682.30 Target2 - 15667.60  Target3 - 15639.50  Target4 - 15611.35 Target5 - 15553.75 Target6 - 15487.45 Target7 - 15421.15 Target8 - 15354.85 Target9 - 15288.55 S/L 15818.95 or Day's High  
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