Tuesday, August 26, 2014

Murrey Math and Options data based position - EOD 26th Aug, 2014


Update on Nifty Future

Buy Closer to or C.O Above 7875.40 - 7875.40  Target1 - 7896.80  Target2 - 7913.45-7917.45
Has again done upto target2.

Update on Nifty Future

Sell Target2 and buy level2 Done at 7875.4.

Update on Nifty Future

Nifty Future may be safe only above 7924 this week else 7824-7844 likely.

Update on Nifty Future

Sell Below or Closer to 7913.45 Target1 - 7896.80  Target2 - 7875.40  Target3 - 7868.60.
Sell Call Achieveed Target1.

Update on Nifty Future

Both S/L's hit and as long as Nifty Stays above 7902, it remains bullish.

Update on Nifty Future

Open has been below Sell Target1(7896.8) and hence bearish opening. The S/L for shorts is now Sell Level i.e 7913.45 (Aggr.) or 7917.45(Consv.). Osc's are oversold.

Pre-Market Levels For 26th Aug, 2014 for Intraday 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 7902 and Strong above 7912.  Main Support 7861-7877 and 7898-7906 and  Main Resistances 7934-7945 and 7955-7965.   7941 is Day Shocker.  Day SAR is at 7770.  7872 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 7917.45 Target1 - 7934.20  Target2 7955.50 Target3 - 7962.30  Target4 - 7990.45 Target5 - 7993.00 Target6 - 7995.55 Target7 - 8015.60 Target8 - 8035.65 S/L 7913.45-(aggr) /7895.40-(Cons)
OR
Buy Closer to or C.O Above 7875.40 - 7875.40  Target1 - 7896.80  Target2 - 7913.45-7917.45 Target3 - 7934.20  Target4 7955.50 Target5 - 7962.30  Target6 - 7990.45 Target7 - 7993.00 Target8 - 7995.55 Target9 - 8015.60 Target10 - 8035.65 S/L 7875.40 or Day's Low 
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Sell Below or Closer to 7913.45 Target1 - 7896.80  Target2 - 7875.40  Target3 - 7868.60 Target4 - 7840.45 Target5 - 7837.90 Target6 - 7835.35 Target7 - 7815.30 Target8 - 7795.25 S/L 7917.45-(aggr) /7935.50-(Cons)
OR
Sell Closer to  or C.O Below 7955.50 Target1 - 7934.20  Target2 - 7917.45-7913.45 Target3 - 7896.80  Target4 - 7875.40  Target5 - 7868.60 Target6 - 7840.45 Target7 - 7837.90 Target8 - 7835.35 Target9 - 7815.30 Target10 - 7795.25 S/L 7955.50 or Day's High 
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Banknifty Future
Weak below 15654 and Strong above 15675.  Main Support 15426-15456 and 15564-15626 and   Main Resistances 15765-15814 and 15865-15919.  15886 is Day Shocker. Day SAR is at 15365.  15502 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 15684.95 Target1 - 15699.70  Target2 15727.85 Target3 - 15756.00  Target4 - 15805.80 Target5 - 15868.15 Target6 - 15930.55 Target7 - 15992.95 Target8 - 16055.35 S/L 15677.05-(aggr) /15618.60-(Cons)
OR
Buy Closer to or C.O Above 15556.20 - 15634.20  Target1 - 15662.30  Target2 - 15677.05-15684.95 Target3 - 15699.70  Target4 15727.85 Target5 - 15756.00  Target6 - 15805.80 Target7 - 15868.15 Target8 - 15930.55 Target9 - 15992.95 Target10 - 16055.35 S/L 15556.20 or Day's Low 
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Sell Below or Closer to 15677.05 Target1 - 15662.30  Target2 - 15634.20  Target3 - 15606.00 Target4 - 15556.20 Target5 - 15493.85 Target6 - 15431.45 Target7 - 15369.05 Target8 - 15306.65 S/L 15684.95-(aggr) /15743.40-(Cons)
OR
Sell Closer to  or C.O Below 15805.80 Target1 - 15699.70  Target2 - 15684.95-15677.05 Target3 - 15662.30  Target4 - 15634.20  Target5 - 15606.00 Target6 - 15556.20 Target7 - 15493.85 Target8 - 15431.45 Target9 - 15369.05 Target10 - 15306.65 S/L 15805.80 or Day's High  
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Update

Stocks Blog Updated.