F&O Cues

F&O Cues Updated.

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

Update on Nifty Future

7644-7648 has big support for  this leg of downmove.

Update on Nifty Future

Usual trade done i.e Sell Level Target1- 7672.8 to Buy Level Target1 - 7710.2.

Update on Market Open Nifty Future

Opening is neutral as Nifty Future has opened above Sell Level Target1-7672.8.

Pre-Market Levels for the day 7th Aug, 2014 (only for Intraday trading)

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

Nifty Future
Weak below 7666 and Strong above 7675.   Main Support 7650-7657 and 7666-7675 and  Main Resistances 7712-7721 and 7740-7750.   7678 is Day Shocker.  Day SAR is at 7713.  7724 (Sustaining above)/ EOD close above is First S/L for Shorts.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7693.45 Target1 - 7710.20  Target2 7734.70 Target3 - 7738.30  Target4 - 7766.45 Target5 - 7772.20 Target6 - 7777.95 Target7 - 7799.60 Target8 - 7821.20 S/L 7689.45-(aggr) /7669.80-(Cons)
OR
Buy Closer to or C.O Above 7648.20  Target1 - 7672.80  Target2 - 7689.45-7693.45 Target3 - 7710.20  Target4 7734.70 Target5 - 7738.30  Target6 - 7766.45 Target7 - 7772.20 Target8 - 7777.95 Target9 - 7799.60 Target10 - 7821.20 S/L 7648.20 or Day's Low 
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7689.45 Target1 - 7672.80  Target2 - 7648.20  Target3 - 7644.60 Target4 - 7616.45 Target5 - 7610.70 Target6 - 7604.95 Target7 - 7583.30 Target8 - 7561.70 S/L 7693.45-(aggr) /7713.10-(Cons)
OR
Sell Closer to  or C.O Below 7734.70 Target1 - 7693.45-7689.45 Target2 - 7672.80  Target3 - 7648.20  Target4 - 7644.60 Target5 - 7616.45 Target6 - 7610.70 Target7 - 7604.95 Target8 - 7583.30 Target9 - 7561.70 S/L 7734.70 or Day's High  
---------------------------------------------------------------------------------------------------------------

Banknifty Future
Weak below 15043 and Strong above 15060.  Main Support 14885-15946 and 14991-15068 and   Main Resistances 15186-15206 and 15240-15267/12315.  15203 is Day Shocker. Day SAR is at 15336.  15192 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15096.10 Target1 - 15110.90  Target2 15139.00 Target3 - 15167.20  Target4 - 15221.60 Target5 - 15286.30 Target6 - 15351.05 Target7 - 15415.74 Target8 - 15480.45 S/L 15088.20-(aggr) /15027.45-(Cons)
OR
Buy Closer to or C.O Above 14962.70 - 15045.30  Target1 - 15073.50  Target2 - 15088.20-15096.10 Target3 - 15110.90  Target4 15139.00 Target5 - 15167.20  Target6 - 15221.60 Target7 - 15286.30 Target8 - 15351.05 Target9 - 15415.74 Target10 - 15480.45 S/L 14962.70 or Day's Low  
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15088.20 Target1 - 15073.50  Target2 - 15045.30  Target3 - 15017.15 Target4 - 14962.70 Target5 - 14898.00 Target6 - 14833.30 Target7 - 14768.55 Target8 - 14703.85 S/L 15096.10-(aggr) /15156.85-(Cons)
OR
Sell Closer to  or C.O Below 15221.60 Target1 - 15096.10-15088.20 Target2 - 15073.50  Target3 - 15045.30  Target4 - 15017.15 Target5 - 14962.70 Target6 - 14898.00 Target7 - 14833.30 Target8 - 14768.55 Target9 - 14703.85 S/L 15221.60 or Day's High  
---------------------------------------------------------------------------------------------------------------

Nifty Spot EOD 6th August, 2014

For Expanding triangle confirmation Nifty has to go below 7548 or otherwise Nifty must protect the last 7593.9, which is last week low.

Update

Stocks blog updated.