Wednesday, September 10, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 10th Sep, 2014


Pre-Market Levels For 10th 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 - Positive)
Weak below 8148 and Strong above 8176.  Main Support 8138-8148 and 8152-8168 and  Main Resistances 8179-8194 and 8205-8222.   8197 is Day Shocker.  Day SAR is at 8034.  8122 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 8184.20 Target1 - 8200.90  Target2 8212.50 Target3 - 8229.10  Target4 - 8242.85 Target5 - 8250.00 Target6 - 8257.20 Target7 - 8258.00 Target8 - 8273.15 S/L 8180.20-(aggr) /8167.05-(Cons)
OR
Buy Closer to or C.O Above 8151.90 - 8151.90  Target1 - 8163.50  Target2 - 8180.20-8184.20 Target3 - 8200.90  Target4 8212.50 Target5 - 8229.10  Target6 - 8242.85 Target7 - 8250.00 Target8 - 8257.20 Target9 - 8258.00 Target10 - 8273.15 S/L 8151.90 or Day's Low 
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Sell Below or Closer to 8180.20 Target1 - 8163.50  Target2 - 8151.90  Target3 - 8135.35 Target4 - 8121.55 Target5 - 8114.40 Target6 - 8107.20 Target7 - 8106.40 Target8 - 8091.25 S/L 8184.20-(aggr) /8197.35-(Cons)
OR
Sell Closer to  or C.O Below 8212.50 - 8229.10  Target1 - 8200.90  Target2 - 8184.20-8180.20 Target3 - 8163.50  Target4 - 8151.90  Target5 - 8135.35 Target6 - 8121.55 Target7 - 8114.40 Target8 - 8107.20 Target9 - 8106.40 Target10 - 8091.25 S/L 8229.10  or Day's High 
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Banknifty Future (Bias - Positive)
Weak below 16161 and Strong above 16215.  Main Support 16006-16108 and 16178-16234 and   Main Resistance 16257-16321 and 16358-16437.  16209 is Day Shocker. Day SAR is at 15872.  16113 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 16232.45 Target1 - 16247.20  Target2 16275.30 Target3 - 16303.50  Target4 - 16331.85 Target5 - 16383.55 Target6 - 16435.20 Target7 - 16486.90 Target8 - 16538.60 S/L 16224.45-(aggr) /16176.75-(Cons)
OR
Buy Closer to or C.O Above 16125.05 - 16181.60  Target1 - 16209.80  Target2 - 16224.45-16232.45 Target3 - 16247.20  Target4 16275.30 Target5 - 16303.50  Target6 - 16331.85 Target7 - 16383.55 Target8 - 16435.20 Target9 - 16486.90 Target10 - 16538.60 S/L 16125.05 or Day's Low  
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Sell Below or Closer to 16224.45 Target1 - 16209.80  Target2 - 16181.60  Target3 - 16153.45 Target4 - 16125.05 Target5 - 16073.35 Target6 - 16021.70 Target7 - 15970.00 Target8 - 15918.30 S/L 16232.45-(aggr) /16280.15-(Cons)
OR
Sell Closer to  or C.O Below 16331.85 - 16303.50  Target1 - 16247.20  Target2 - 16232.45-16224.45 Target3 - 16209.80  Target4 - 16181.60  Target5 - 16153.45 Target6 - 16125.05 Target7 - 16073.35 Target8 - 16021.70 Target9 - 15970.00 Target10 - 15918.30 S/L 16331.85  or Day's High
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Nifty Spot EOD 9th Sep, 2014

As discussed yesterday, we are back to the previous labeling as par price action. Currently 4th of c-leg is still unfolding and should complete near about the monday gap area(may get filled as well).