Monday, September 8, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 8th Sep, 2014


Updat on nifty Spot

If Nifty Spot survives above 7155, it will be very bullish for Nifty during the week.

Pre-Market Levels For 8th Sep, 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 (Bias - Negative)
Weak below 8080 and Strong above 8109.  Main Support 8100-8123 and  Main Resistances 8150-8160 and 8168-8191.   8212 is Day Shocker.  Day SAR is at 7973.  8071 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 8118.70 Target1 - 8135.40  Target2 8148.35 Target3 - 8163.60  Target4 - 8180.00 Target5 - 8185.85 Target6 - 8191.70 Target7 - 8195.85 Target8 - 8211.65 S/L 8114.70-(aggr) /8100.85-(Cons)
OR
Buy Closer to or C.O Above 8085.05 - 8085.00  Target1 - 8098.00  Target2 - 8114.70-8118.70 Target3 - 8135.40  Target4 8148.35 Target5 - 8163.60  Target6 - 8180.00 Target7 - 8185.85 Target8 - 8191.70 Target9 - 8195.85 Target10 - 8211.65 S/L 8085.05 or Day's Low
OR
Buy Closer to 8041.70 - 8047.55 Range  Target1 - 8053.40 Target2 - 8069.85 - 8085.00  Target3 - 8098.00  Target4 - 8114.70-8118.70 Target5 - 8135.40  Target6 8148.35 Target7 - 8163.60  Target8 - 8180.00 Target9 - 8185.85 Target10 - 8191.70 Target9 - 8195.85 Target10 - 8211.65 S/L 8039.65 Or Day Low
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Sell Below or Closer to 8114.70 Target1 - 8098.00  Target2 - 8085.00  Target3 - 8069.85 Target4 - 8053.40 Target5 - 8047.55 Target6 - 8041.70 Target7 - 8037.55 Target8 - 8021.75 S/L 8118.70-(aggr) /8132.55-(Cons)
OR
Sell Closer to  or C.O Below 8148.35 - 8163.60  Target1 - 8135.40  Target2 - 8118.70-8114.70 Target3 - 8098.00  Target4 - 8085.00  Target5 - 8069.85 Target6 - 8053.40 Target7 - 8047.55 Target8 - 8041.70 Target9 - 8037.55 Target10 - 8021.75 S/L 8163.60  or Day's High
OR
Sell Closer to 8185.85 - 8191.70 Range  Target1 - 8180.00 Target2 - 8148.35 - 8163.60  Target3 - 8135.40  Target4 - 8118.70-8114.70 Target5 - 8098.00  Target6 - 8085.00  Target7 - 8069.85 Target8 - 8053.40 Target9 - 8047.55 Target10 - 8041.70 Target11 - 8037.55 Target12 - 8021.75 S/L 8193.75 or Day's High
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Banknifty Future (Bias - Negative)
Weak below 15990 and Strong above 16046.  Main Support 15990-16066 and   Main Resistance 16160-16225 and 16268-16296.  16294 is Day Shocker. Day SAR is at 15678.  16009 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 16064.90 Target1 - 16079.70  Target2 16107.80 Target3 - 16136.00  Target4 - 16172.55 Target5 - 16228.35 Target6 - 16284.15 Target7 - 16339.95 Target8 - 16395.75 S/L 16057.00-(aggr) /16005.15-(Cons)
OR
Buy Closer to or C.O Above 15949.35 - 16014.10  Target1 - 16042.30  Target2 - 16057.00-16064.90 Target3 - 16079.70  Target4 16107.80 Target5 - 16136.00  Target6 - 16172.55 Target7 - 16228.35 Target8 - 16284.15 Target9 - 16339.95 Target10 - 16395.75 S/L 15949.35 or Day's Low
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Sell Below or Closer to 16057.00 Target1 - 16042.30  Target2 - 16014.10  Target3 - 15985.95 Target4 - 15949.35 Target5 - 15893.55 Target6 - 15837.75 Target7 - 15781.95 Target8 - 15726.15 S/L 16064.90-(aggr) /16116.75-(Cons)
OR
Sell Closer to  or C.O Below 16172.55 - 16136.00  Target1 - 16079.70  Target2 - 16064.90-16057.00 Target3 - 16042.30  Target4 - 16014.10  Target5 - 15985.95 Target6 - 15949.35 Target7 - 15893.55 Target8 - 15837.75 Target9 - 15781.95 Target10 - 15726.15 S/L 16172.55.00  or Day's High
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Nifty Spot EOD 5th Sep, 2014

c-leg of Extracting triangle completed or c-leg yet to complete and elongated ZZ, yet to be confirmed.  8016 should be held for continuation of c-leg EZZ's 5th wave up.