F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 11th Aug, 2014

Update on Nifty Spot

Nifty Closing with Bias change to +ve and above our conservative stop loss level.

Update on Nifty Future

Nifty has attempted a change in bias by gapping up at open and if this gap up holds in the 2nd half, larger moves / short covering may be expected.

Update on Nifty Future

As long as Nifty Future is Holding 7619 there is no worry for the day.

Update on Nifty Spot

7592.45 is the Key Number for the day for Nifty Spot, holding this in the 2nd half will decide Long or Short. Expanding triangle over or not will be determined by this.

Pre-Market Levels for the day 11th 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 7662 and Strong above it.   Main Support 7495-7513/7527-7532 and 7562-7576 and  Main Resistances 7608-7624/7642-7650 and 7671-7679.   7654 is Day Shocker.  Day SAR is at 7700.  7674 (Sustaining above)/ EOD close above is First S/L for Shorts.
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Buy Above or Closer to 7593.65 Target1 - 7610.30  Target2 7637.00 Target3 - 7638.50  Target4 - 7666.65 Target5 - 7674.50 Target6 - 7682.35 Target7 - 7705.00 Target8 - 7727.70 S/L 7589.65-(aggr) /7569.00-(Cons)
OR
Buy Closer to or C.O Above 7546.30 - 7546.30  Target1 - 7572.90  Target2 - 7589.65-7593.65 Target3 - 7610.30  Target4 7637.00 Target5 - 7638.50  Target6 - 7666.65 Target7 - 7674.50 Target8 - 7682.35 Target9 - 7705.00 Target10 - 7727.70 S/L 7546.30 or Day's Low 
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Sell Below or Closer to 7589.65 Target1 - 7572.90  Target2 - 7546.30  Target3 - 7544.80 Target4 - 7516.65 Target5 - 7508.80 Target6 - 7500.95 Target7 - 7478.30 Target8 - 7455.60 S/L 7593.65-(aggr) /7614.30-(Cons)
OR
Sell Closer to  or C.O Below 7637.00 Target1 - 7593.65-7589.65 Target2 - 7572.90  Target3 - 7546.30  Target4 - 7544.80 Target5 - 7516.65 Target6 - 7508.80 Target7 - 7500.95 Target8 - 7478.30 Target9 - 7455.60 S/L 7637.00 or Day's High  
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Banknifty Future
Weak below 14752 and Strong above it.  Main Support 14718-14769 and   Main Resistances 14904-14981 and 15051-15121.  14904 is Day Shocker. Day SAR is at 15208.  15028 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
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Buy Above or Closer to 14823.60 Target1 - 14838.40  Target2 14866.55 Target3 - 14894.70  Target4 - 14947.65 Target5 - 15011.65 Target6 - 15075.60 Target7 - 15139.60 Target8 - 15203.55 S/L 14815.80-(aggr) /14755.70-(Cons)
OR
Buy Closer to or C.O Above 14691.75 - 14772.90  Target1 - 14801.00  Target2 - 14815.80-14823.60 Target3 - 14838.40  Target4 14866.55 Target5 - 14894.70  Target6 - 14947.65 Target7 - 15011.65 Target8 - 15075.60 Target9 - 15139.60 Target10 - 15203.55 S/L 14691.75 or Day's Low  
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Sell Below or Closer to 14815.80 Target1 - 14801.00  Target2 - 14772.90  Target3 - 14744.70 Target4 - 14691.75 Target5 - 14627.75 Target6 - 14563.80 Target7 - 14499.80 Target8 - 14435.85 S/L 14823.60-(aggr) /14883.70-(Cons)
OR
Sell Closer to  or C.O Below 14947.65 Target1 - 14823.60-14815.80 Target2 - 14801.00  Target3 - 14772.90  Target4 - 14744.70 Target5 - 14691.75 Target6 - 14627.75 Target7 - 14563.80 Target8 - 14499.80 Target9 - 14435.85 S/L 14947.65 or Day's High 
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Update

Stocks and Commodities Blog Updated.