F&O Cues

F&O Cues updated.

Murrey Math and Options data based position - EOD 14th July, 2014

Nifty Future Update

If Nifty Future Sustains below 7441 (today / tomorrow) it may achieve the following Targets  7412 / 7386 /7355 else Nifty future may move up to 7595.

NIfty Spot Update

7377.8 (or 7360.5) is the key number of this down trend for next 2 days and if the number is broken the downmove could be another X-leg after the 2nd leg of the 2nd corrective or Larger g-leg of the higher diametric.  Let's keep our eyes on 7377.8 (or 7360.5)

Update on Nifty Spot

Nifty Looks Oversold.. Between 7380-7400 or from Near 7440 there could be an pullback attempt towards 7600 or more. Caution for longs as bias or trend (See Education in Menu Item) is still down! If there is no pullback fall may be vicious and deep.

Pre-Market Levels For 14th July, 2014 Working

Trade the Levels, Charts Can Adjust.
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 and vice versa.
Nifty Future
Weak below 7434-7442 and Strong above it.  7370-7400 Main Support and  7525-7550 and 7667  Main Resistances.   7434 is Day Shocker.  Day SAR is at 7642.
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Buy Above or Closer to 7482.15 Target1 - 7498.80  Target2 7527.00 Target3 - 7533.70  Target4 - 7555.15 Target5 - 7571.25 Target6 - 7587.35 Target7 - 7614.15 Target8 - 7640.95 S/L 7478.15-(aggr) /7453.35-(Cons)

OR
Buy Closer to or C.O Above 7426.55 - 7433.30  Target1 - 7478.15-7482.15 Target2 - 7498.80  Target3 7527.00 Target4 - 7533.70  Target5 - 7555.15 Target6 - 7571.25 Target7 - 7587.35 Target8 - 7614.15 Target9 - 7640.95 S/L 7426.55 or Day's Low  
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Sell Below or Closer to 7478.15 Target1 - 7461.40  Target2 - 7433.30  Target3 - 7426.55 Target4 - 7405.15 Target5 - 7389.05 Target6 - 7372.95 Target7 - 7346.15 Target8 - 7319.35 S/L 7482.15-(aggr) /7506.95-(Cons)
OR
Sell Closer to  or C.O Below 7533.75 Target1 - 7482.15-7478.15 Target2 - 7461.40  Target3 - 7433.30  Target4 - 7426.55 Target5 - 7405.15 Target6 - 7389.05 Target7 - 7372.95 Target8 - 7346.15 Target9 - 7319.35 S/L 7533.75 or Day's High  
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Banknifty Future
Weak below 14375-14426 and Strong above it.  14025-14116 and 14221-14264  Main Support and  1647-14727   Main Resistances.  14375 is Day Shocker. Day SAR is at 15093.

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Buy Above or Closer to 14503.95 Target1 - 14518.70  Target2 14546.90 Target3 - 14575.00  Target4 - 14658.30 Target5 - 14737.40 Target6 - 14816.55 Target7 - 14895.65 Target8 - 14974.80 S/L 14496.15-(aggr) /14420.95-(Cons)
OR
Buy Closer to or C.O Above 14341.80 - 14453.20  Target1 - 14496.15-14503.95 Target2 - 14518.70  Target3 14546.90 Target4 - 14575.00  Target5 - 14658.30 Target6 - 14737.40 Target7 - 14816.55 Target8 - 14895.65 Target9 - 14974.80 S/L 14341.80 or Day's Low  
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Sell Below or Closer to 14496.15 Target1 - 14481.30  Target2 - 14453.20  Target3 - 14425.05 Target4 - 14341.80 Target5 - 14262.70 Target6 - 14183.55 Target7 - 14104.45 Target8 - 14025.30 S/L 14503.95-(aggr) /14579.15-(Cons)
OR
Sell Closer to  or C.O Below 14658.30 Target1 - 14503.95-14496.15 Target2 - 14481.30  Target3 - 14453.20  Target4 - 14425.05 Target5 - 14341.80 Target6 - 14262.70 Target7 - 14183.55 Target8 - 14104.45 Target9 - 14025.30 S/L 14658.30 or Day's High 
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