Monday, November 10, 2014

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


Nifty Future Data Levels for 10th Nov, 2014

Nifty Future (Bias - Positive)
-- 8356 / 8370-8383 / 8395 / 8409-8420 / 8427-8437 / 8455-8464 / 8478 ++ 

Banknifty Future (Bias - Positive)
-- 17333-17365 / 17392-17453  /  17512-17569 / 15600-15623 / 17671-17730 ++

Nifty Spot Hourly Chart EOD 7th Nov, 2014

a-leg of the third leg is likely to complete somewhere above 8400 (or may continue even), let us wait and watch. Nifty managing the OB situation with sidewise moves.  Strength remains holding above 8365.