Thursday, September 18, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 18th Sep, 2014


Update

I doubt whether any call would have worked out on the dotted line like this!

Buy Closer to or C.O Above 7957.15 - 7957.10  Target1 - 7974.20  Target2 - 7990.85-7994.85 Target3 - 8011.60  Target4 8028.55 Target5 - 8039.70  Target6 - 8064.25 Target7 - 8066.05 Target8 - 8067.85 Target9 - 8082.15 Target10 - 8100.00 S/L 7957.15 or Day's Low  

Update on Nifty Future

Crossing 8091 more strength should come once gap filling starts near 8100.

Update on Nifty Future

8066.05 - 8067.85 and Day High 8078.70 are crucial for today. if crossed  8100 may be seen today / tomorrow.

Update on Nifty Spot

Got Resisted at the H&S neckline.

Update on Nifty Spot

Very clearly e-leg has started with this boom, though started 2 days back.

Nifty Future Update

If 7957 breaks reasons will be there to worry for today else no problem.

Pre-Market Levels For 18th 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 7972 and STRONG above 7990.  Main Support 7948-7957 and 7967-7973 and  Main Resistances 7994-8006 and 8015-8025/8037-8051.   7957 is Day Shocker.  Day SAR is at 8068.  8053 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 7967 / 7986-7990(Vital) / 8050-8055 / 8096 / 8103 ++
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Buy Above or Closer to 7994.85 Target1 - 8011.60  Target2 8028.55 Target3 - 8039.70  Target4 - 8064.25 Target5 - 8066.05 Target6 - 8067.85 Target7 - 8082.15 Target8 - 8100.00 S/L 7990.85-(aggr) /7975.00-(Cons)
OR
Buy Closer to or C.O Above 7957.15 - 7957.10  Target1 - 7974.20  Target2 - 7990.85-7994.85 Target3 - 8011.60  Target4 8028.55 Target5 - 8039.70  Target6 - 8064.25 Target7 - 8066.05 Target8 - 8067.85 Target9 - 8082.15 Target10 - 8100.00 S/L 7957.15 or Day's Low  
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Sell Below or Closer to 7990.85 Target1 - 7974.20  Target2 - 7957.10  Target3 - 7946.00 Target4 - 7921.45 Target5 - 7919.65 Target6 - 7917.85 Target7 - 7903.55 Target8 - 7885.70 S/L 7994.85-(aggr) /8010.70-(Cons)
OR
Sell Closer to  or C.O Below 8028.55 - 8039.70  Target1 - 8011.60  Target2 - 7994.85-7990.85 Target3 - 7974.20  Target4 - 7957.10  Target5 - 7946.00 Target6 - 7921.45 Target7 - 7919.65 Target8 - 7917.85 Target9 - 7903.55 Target10 - 7885.70 S/L 8039.70  or Day's High  
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Banknifty Future (Bias - Negative)
WEAK below 15863 and STRONG above 15898.  Main Support 15703-15779 and 15814-15877 and   Main Resistance 15925-16003 and 16057-16155.  15934 is Day Shocker. Day SAR is at 16023.  16079 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 15854 / 15894-15898(Vital) / 16018 / 16066 / 16110-16123 ++
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Buy Above or Closer to 15908.50 Target1 - 15923.20  Target2 15951.35 Target3 - 15979.50  Target4 - 16002.90 Target5 - 16052.10 Target6 - 16101.30 Target7 - 16150.55 Target8 - 16199.75 S/L 15900.50-(aggr) /15855.30-(Cons)
OR
Buy Closer to or C.O Above 15806.10 - 15857.70  Target1 - 15885.80  Target2 - 15900.50-15908.50 Target3 - 15923.20  Target4 15951.35 Target5 - 15979.50  Target6 - 16002.90 Target7 - 16052.10 Target8 - 16101.30 Target9 - 16150.55 Target10 - 16199.75 S/L 15806.10 or Day's Low  
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Sell Below or Closer to 15900.50 Target1 - 15885.80  Target2 - 15857.70  Target3 - 15829.50 Target4 - 15806.10 Target5 - 15756.90 Target6 - 15707.70 Target7 - 15658.45 Target8 - 15609.25 S/L 15908.50-(aggr) /15953.70-(Cons)
OR
Sell Closer to  or C.O Below 16002.90 - 15979.50  Target1 - 15923.20  Target2 - 15908.50-15900.50 Target3 - 15885.80  Target4 - 15857.70  Target5 - 15829.50 Target6 - 15806.10 Target7 - 15756.90 Target8 - 15707.70 Target9 - 15658.45 Target10 - 16002.90  S/L 15979.50  or Day's High 
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Nifty Spot Hourly Chart EOD 17th Sep, 2014

Today's expected gap down suggests that d-leg down is unfinished and likely to go lower. the b-leg range High(7968.25) and Low(7855.95). Price for d-leg is allowed upto 7855.95 but shouldn't break it.