Monday, December 8, 2014

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 8th Dec, 2014


Nifty Spot Hourly Chart Intraday 8th Dec, 2014

Likely d-leg of the diametric in 3rd leg of upmove in progress.

Update on Nifty Future

Massive support exits between 8440-8470 Level for Nifty Future. All dips are a buying opportunity.

Update on Nifty Spot

8435 is a strong support for Nifty Spot. Break below may force Nifty to fall to 8378 levels.  Nifty Spot must not breach 8353 for next 3-6 days to avoid formation of a major top.

Update on Nifty Future

With this break of support at 8550 uptrend is not broken but it got delayed by a week. Nifty Future should hold on to day SAR level at 8520.

Nifty Future Data Levels for 8th Dec, 2014

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)
-- 8572-8584 / 8593-8603 / 8612-8623 / 8640-8653 / 8659-8668 ++ 
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Banknifty Future (Bias - Positive)
-- 18680-18715 / 18752-18799 / 18825-18869 / 18882-18920 / 18976-19058 / 19178 ++
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