Wednesday, October 29, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 29th Oct, 2014


Update on Nifty Spot

Nifty maintaining bullishness! 8080 Plus closing and sustenance is quite favourable for reaching all time high.

Nifty Spot Hourly Chart EOD 28th Oct, 2014

Truncated ZZ a-leg after completion of 2nd corrective has implied bullishness. 8050-8080 is significant resistance, crossing which the old highes will be attempted. Nifty is overbought and the black money list submission to S.C is there at about 11 A.M , so caution needed.

Nifty Future Data Levels for 29th Oct, 2014

Nifty Future (Bias - Positive)
-- 7998 - 8042 - 8055 - 8079/8083 - 8110/8118 ++ 

Banknifty Future (Bias - Positive)
--   16602 - 16719 - 16778/16794 - 16836 - 16954 ++