Wednesday, September 24, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 24th Sep, 2014


Update

Needless to say calls are great!

Update on Nifty Future

Now Holding 8013 and crossing 8047 is important for a rally to materialize.

Update on Nifty Future

8013 must be recovered to arrest the fall.

Update

8047 is the key level for the day for Nifty Future.

Pre-Market Levels For 24th 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 8013 and STRONG above 8047.  Main Support 7965-7983 and 7994-8013 and  Main Resistances 8040-8056 and 8066-8074.   8170 is Day Shocker.  Day SAR is at 8076.  8087 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 7973-7997 / 8047(Vital) / 8069 / 8096-8107 / 8165-8167 ++
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Buy Above or Closer to 8034.20 Target1 - 8050.90  Target2 8074.80 Target3 - 8079.10  Target4 - 8107.20 Target5 - 8112.30 Target6 - 8117.40 Target7 - 8138.70 Target8 - 8160.00 S/L 8030.20-(aggr) /8010.90-(Cons)
OR
Buy Closer to or C.O Above 7989.60 - 7989.60  Target1 - 8013.50  Target2 - 8030.20-8034.20 Target3 - 8050.90  Target4 8074.80 Target5 - 8079.10  Target6 - 8107.20 Target7 - 8112.30 Target8 - 8117.40 Target9 - 8138.70 Target10 - 8160.00 S/L 7989.60 or Day's Low  
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Sell Below or Closer to 8030.20 Target1 - 8013.50  Target2 - 7989.60  Target3 - 7985.35 Target4 - 7957.20 Target5 - 7952.10 Target6 - 7947.00 Target7 - 7925.70 Target8 - 7904.40 S/L 8034.20-(aggr) /8053.50-(Cons)
OR
Sell Closer to  or C.O Below 8074.80 - 8079.10  Target1 - 8050.90  Target2 - 8034.20-8030.20 Target3 - 8013.50  Target4 - 7989.60  Target5 - 7985.35 Target6 - 7957.20 Target7 - 7952.10 Target8 - 7947.00 Target9 - 7925.70 Target10 - 7904.40 S/L 8079.10  or Day's High  
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Banknifty Future (Bias - Negative)
WEAK below 15892 and STRONG above 15959.  Main Support 15688-15751 and 15814-15888 and   Main Resistance 15940-16031 and 16066-16158.  16180 is Day Shocker. Day SAR is at 16092.  16093 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 15623 / 15813-15860(Vital) / 15969 / 16003 / 16057-16078 / 16193-16197 ++
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Buy Above or Closer to 15933.85 Target1 - 15948.60  Target2 15976.75 Target3 - 16004.90  Target4 - 16038.35 Target5 - 16092.60 Target6 - 16146.85 Target7 - 16201.10 Target8 - 16255.30 S/L 15925.95-(aggr) /15875.65-(Cons)
OR
Buy Closer to or C.O Above 15821.45 - 15883.10  Target1 - 15911.20  Target2 - 15925.95-15933.85 Target3 - 15948.60  Target4 15976.75 Target5 - 16004.90  Target6 - 16038.35 Target7 - 16092.60 Target8 - 16146.85 Target9 - 16201.10 Target10 - 16255.30 S/L 15821.45 or Day's Low  
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Sell Below or Closer to 15925.95 Target1 - 15911.20  Target2 - 15883.10  Target3 - 15854.90 Target4 - 15821.45 Target5 - 15767.20 Target6 - 15712.95 Target7 - 15658.70 Target8 - 15604.50 S/L 15933.85-(aggr) /15984.15-(Cons)
OR
Sell Closer to  or C.O Below 16038.35 - 16004.90  Target1 - 15948.60  Target2 - 15933.85-15925.95 Target3 - 15911.20  Target4 - 15883.10  Target5 - 15854.90 Target6 - 15821.45 Target7 - 15767.20 Target8 - 15712.95 Target9 - 15658.70 Target10 - 15604.50 S/L 16038.35  or Day's High  
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Nifty Hourly Chart EOD 23rd Sep, 2014