F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 13th Oct, 2014

Update on Banknifty Future

Bank Nifty has obeyed the pre-market call!
-- 15346 - 15429 - 15467 - 15493- 15589 - 15685 - 15710 ++

Update on Nifty Future

Remain cautious to see if  7778.70 - 7795.25 range holds and one can initiate longs in this range or holding 7806-7810 for good upmove.

Nifty Spot EOD Chart as on 10th Oct, 2014

Nifty diametric f-leg seems to be unfinished as yet and probably it is doing a flat a-b-c and c-leg is continuing and as par bullish Carb it has a maximum unfinished target of 7779. So, holding 7779 in Spot, longs may be initiated for g-leg commencing today else the correction in f-leg may go deeper.

Nifty Future Data Levels for 13th Oct, 2014

Nifty Future (Bias - Negative)
WEAK below 7852 and STRONG above 7872.  Main Support 7789-7824 and 7849-7855 and  Main Resistances 7877-7891 and 7906-7930.   7869 is Day Shocker.  Day SAR is at 8016.  7946 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 7810 - 7853 - 7872 - 7885 - 7934 ++ 

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Banknifty Future (Bias - Negative)
WEAK below 15428 and STRONG above 15468.  Main Support 15269-15325 and 15388-15485 and   Main Resistance 15511-15571 and 15611-15667.  15552 is Day Shocker. Day SAR is at 15735.  15556 (Sustaining Above)/ EOD close Above is First S/L for Shorts.
-- 15346 - 15429 - 15467 - 15493- 15589 - 15685 - 15710 ++

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