F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 31st Mar, 2015

Update on Nifty and Banknifty Spot

Overall Nifty still negotiating at the crucial resistance Zone and Bnaknifty consolidating near the crucial resistance Zone.

Update on Banknifty Spot

This has to rise above the falling channel resistance at 18430-18450 and trade comfortably. Banknifty will be out of the woods thereafter otherwise the rally may be an x-wave after one set of a-b-c corrective. From the Month's prospective (today) Bankifty may love to defend 18667 and from the Week's (tomorrow) 18299(approximately).

Update on Nifty Spot

This has to rise above the falling channel resistance at 8515-8525 and trade comfortably. Nifty will be out of the woods thereafter otherwise the rally may be an x-wave after one set of a-b-c corrective. From the Month's prospective (today) Nifty may love to defend 8555 and from the Week's (tomorrow) 8469(approximately).

Nifty Future Data Levels for 31st Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

- 8462 -  8500-8513  -  8539 - 8560 -  8590 -  8616-8622 -  8642-8654 -  8694 ++

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Banknifty Future (Bias -  Positive)
-- 18242 - 18318-18337 - 18478-18530 - 18600-18633 - 18680-19715 - 18931-18989 ++
--------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 30th Mar, 2015

Update on Nifty Future and Banknifty Future

8517 Nifty Future is the key resistance now and 18396 must hold for Banknifty Future for More Upside in last couple of hours.

NF weak or sell sustaining below 8492.


BNF sell sustaining below 18396.

Update on Nifty and Banknifty Future

8439 for Nifty Future and 18250 Banknifty Future are crucial Intraday levels for the day.

Update on Banknifty Spot

A close above 18282 Banknifty Spot may confirm the pause in the current downtrend and thereafter protecting friday's low 17719.35 will be crucial to keep the validity of  posted count.

Update on Nifty Spot

The low of friday 8269.15 very vital for Nifty Spot to hold and below that 8236.65 holding is must for the correctness of current chart of Nifty Spot. A close above friday 8413.20 however confirms the e-leg up commencement.

Update on Nifty Spot

8385-8415 is the crucial resistance for Spot Nifty.

Nifty Future Data Levels for 30th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8416-8429  -  8439-8443 - 8453-8459 - 8477-8480 - 8500 - 8517-8523 ++
-------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
-- 18185-18203 - 18250 - 18296/18321 - 18352/18400 - 18429 - 18472 - 18568-18605 ++
--------------------------------------------------------------------------------------------------------

Banknifty Weekly Chart As on 27th Mar, 2015 - Probable Count

If the count is right then expect 22200 plus and less than 23500 by June, 2015 for Banknifty Spot. The C-leg from 7766.35 under progrss and of C-leg d-leg down has completed (likely) on 27th Mar, 2015. e-leg up about to start (or started).

Nifty Spot EOD 27th March, 2015

Market likely to have hit the bottom today at 8269.15 and in next 5-6 days the accumulation around the bottom will go on and a trending move may come in April. Another lower low is possible but highly doubtful!! Probable diamond diametric in progress as a third corrective of which a-leg, b-leg, c-leg and today d-leg (may be) completed / almost complete and e-leg up started/will be starting very soon.

Update on Nifty Spot and Future

Watch out 8451(On Nifty Future) and 8359.25(ON Nifty Spot) to find the trend. There is and important structure who's initial target got compleyed yesterday but to confirm price has to hold the lows of yesterday.

Nifty Future Data Levels for 27th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8419 - 8436/8443 - 8453 - 8480 - 8500/8508 - 8528 - 8553 ++
---------------------------------------------------------------------------------------------------------------


Banknifty Future (Bias -  Negative)
-- 17980 - 18048/18057 - 18129/18151 - 18202/18229 - 18259 - 18324 - 18413/18445 ++


--------------------------------------------------------------------------------------------------------

Update on Nifty Spot

Nifty has completed the first target 8403 on time i.e before Monday!!  Long live Neely and Elliot!

Update

Nifty / Banknifty in ultimate oversold state and a smart and sharp bounce may come holding 8450 and 18086 respectively. Caution with Shorts also here. This is not to suggest any long yet!!

Update on Nifty Spot

Nifty and Banknifty both are quite oversold some bounces may come here and there.

Update on Nifty Spot

If we can recall the minimum target was 8403 Nifty Spot by Monday. Movement is supporting the target probability!

Nifty Future Data Levels for 26th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

-- 8431 - 8469 - 8593 - 8536 - 8556 - 8573 ++

---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

-- 17815/17831 - 17925/17950 - 18024/18086 - 18125/18174 - 18235 - 18333 - 18486 -
--------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 25th Mar, 2015

Nifty Future Data Levels for 25th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8474 - 8518/8529 - (8572) - 8621 - 8638/8646 ++

---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
-- 18054 - 18166/18230 - 18388 - 18467 - 18546 - 18599/18615 - 18652 ++
--------------------------------------------------------------------------------------------------------

Update on Nifty Spot

Till Expiry Nifty Spot may trade between 8470 and 8628, so buying 0-25 points near bottom or Selling 0-25 points near top may give good result. The Middle point at 8550 will show strength/weakness.

Murrey Math and Options data based position - EOD 24th Mar, 2015

Update on Nifty Spot

Trading environment remains till Monday. As Nifty Spot is vulnerable to a fall towards 8403. Sell on rallies also.

Update on NIfty and Banknifty Future

Nifty & Banknifty both have got oversold in hourly as well as in daily.  If 8560 is sustained on Nifty Future a pullback towards 8700 towards expiry looks obvious or atleast a bottom formation effort may start from today. For Banknifty Future sustaining above 18512 will bring up bounce towards 19000. 

Nifty Future Data Levels for 24th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8471 - 8522 - (8574) - 8600 - 8626 - 8652 - 8678 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
- 18292 - 18404 - 18516 - (18600) - 18684 - 18740 - 18796 - 18852 - 18908 ++
---------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 23rd Mar, 2015

Update on Nifty Spot

8593 Nifty Spot and negative bias will remain crucial for next 6 days for achieval of 8403 or more.

Nifty Future Data Levels for 23rd Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
- 8565 - 8620 - 8648 - 8676 - 8703 ++

---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

-- 18598 - 18688 - 18778 - 18838 - 18898 - 18959 - 19019 - 19079 - 19139 - 19199 - 19259 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Spot Daily Chart EOD 20th Mar, 2015 Probable Neowave Count

Below 18216 more bearishness will come and max target expected is 17400.

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 20th Mar, 2015

Update on Nifty Spot

Nifty will probably hold on to 8600 today. Next week big fall expected as soon as 8593 goes and sustains below for Nifty Spot.

Update on Nifty Spot

Nifty has completed a very bearish pattern yesterday and unless 8590 (approx.) holds for spot Nifty is headed down and minimum target could be somewhere around 8400 in the coming days. The updated chart will only be posted upon confirmation break of  8590 Nifty Spot.

Nifty Future Data Levels for 20th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8544 - 8609 - 8642/(8649) - 8675/8687 - 8707/16 ++
----------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
-- 18598/18644 - 18751 - 18849 - 18929 - (19015) - 19091 - 19143 - 19214/19267 ++
---------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 19th Mar, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 18th Mar, 2015

Nifty Future Data Levels for 18th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)
- 8708 - 8723 - 8741 - 8773 - 8781-8790 -(8806) - 8819 - 8838 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)
- 19061 - 19132 - 19203 - (19275) - 19342-19365 - 19417-19451 - 19488 - 19546 - 19631 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 17th Mar, 2015

Update on Nifty Spot

March, 2015 the wild moves month. Again a pause on bearishness with a bias change.  

Update on Nifty Spot

Close below 8690 weak and below 8664 weaker for Nifty Spot.

Update on Nifty Nad Banknifty Future

8711 + Nifty Future may go up further to 8750-8780

19183 + Banknifty Future can go upto 19500-19600

Update on Nifty Spot

Nifty Bouncing from yesterday's double bottom at 8612, in the near term that is the crucial number for the bulls.  Trend is firmly down and so it is sell on rallies until we see otherwise.  A close above 8664 will change the near term bias to positive. Lebelling of Nifty chart will be made with some more price confirmation.

Nifty Future Data Levels for 17th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
- 8609-8621 - 8642 - 8667-8675 - (8711) - 8729-8740 ++

---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
- 18597 - 18703 - 18874-18918 - 18990 - 19066 - 19134 - (19217) - 19277 - 19349 - 19421 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 16th Mar, 2015

Nifty Future Data Levels for 16th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
- 8609 - (8629) - 8642 - 8675 - 8707 - (8719) - 8740 ++ 

---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
- 18594 - (18785) - 18810 - 18881 - 18953  - (18976) - 19025 - 19096 - 19168 ++
-----------------------------------------------------------------------

Update on Nifty Spot

8544 is the most important support for Nifty Spot for coming days and break below will result in for deep falls.  Caution needed for all longs and all rallies are selling opportunities.  High caution needed for next 4/5 weeks starting this week.   For today 8580-8610 should offer good support.

Nifty Future Data Levels for 13th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

-- 8768 - 8794 - 8832 - 8858 ++ (Next Targets 8866 - 8898 - 8930 )
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
-- 19176 - 19250 - 19320 - 19371 ++ (Next Targets 19390 - 19460 - 19530 - 19600)
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 12th Mar, 2015

8878 plus closing only truely bullish. Otherwise staying out and deciding tomorrow moring afresh is better.

Update on Nifty Spot

Bias changing to posive after so many days of downtrend with a close above 8756  Nifty spot. Shorts be careful in the short term. 

Update on Nifty Spot

Though Spot Nifty has held on to 8669 till today (time limit) but Sensex has already broken the equivalent level. The correction is on it's 5th day today and could continue for a total of 12 to 17 days Minimum. Lot of time / price correction left. Trade with caution for longs and 8669 may go tomorrow i.e friday as part of trend assertion.  8778 plus sustaining may be bullish.

update on Nifty Future

Below 8797 weakness will come in Nifty Future.

Nifty Future Data Levels for 12th Mar, 2015

TRADE the Levels, Charts Can Adjust.
No need to unnessarily worry if 8669 holds today.

Nifty Future (Bias - Negative)

Range for Nifty Future and breakout beyond this range - 8707  - 8734  - 8771 - 8797 -

- 8674 - 8707 - 8739 - 8771 - 8803 - 8836 - 8868 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

Range for Banknifty Future and breakout beyond this range - 19091 - 19285 -

 - 18735 - 18947 - 19018 - 19089 - 19159 - 19230 - 19301 - 19371 - 19442 - 19513 - 19583 - 19654 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 11th Mar, 2015

Update

All rallies are for selling till bias (see Education in blog) changes. 

Update on Nifty Spot

Immediate number that is key for determining the structure of Nifty Charts is the faster retracement of  8669 and the next number will be 8453. The chart may be posted after tomorrow.

Nifty Future Data Levels for 11th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
- 8609 - 8641 - 8674 - 8706 - 8739 - 8771 - 8804 - 8836 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
- 18412 - 18696 - 18909 - 18980 - 19051 - 19122 - 19193 - 19264 - 19334 - 19405 - 19476 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 10th Mar, 2015

Nifty Future Data Levels for 10th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

- 8675 - 8707 - 8739 - (8770) - 8802 - 8834 - 8857-8866 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)
- 18949 - 19018 - 19088 - 19158 - 19228 - 19298 - 19368 - 19437 - 19507 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 9th Mar, 2015

Update on Nifty Spot

Trading environment may exist the whole month.  Next 4 days Nifty should hold (Likely) on to the previous Major low (8669.45) to avoid faster retracement.

Nifty Future Data Levels for 9th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
- 8898 - 8922 - 8946 - 8970 - 9013 - 9034 - 9055 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

-- 19653 - 19706 - 19759 - 19813 - 19866 - 19961 - 20008 - 20055 - 20103 - 20150 ++
-----------------------------------------------------------------------

Murrey Math and Options data based position - EOD 5th Mar, 2015

Nifty Spot EOD Chart as on 4th Feb, 2015

Expect one more rally if 8885.45 holds as g-leg of a fresh diametric inside c-leg.

Update on Nifty Spot

Holding 8885.45 Spot is the key for another upside rally.

Nifty Future Data Levels for 5th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Neutral)

- 8910 - 8938 - 8966 - 8994 - 9023 - 9054 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -   Neutral)

-- 19463 - 19526 - 19588 - 19650 - 19712 - 19775 - 19837 - 19899 - 19967 - 20001 ++
---------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 4th Mar, 2015

Nifty Future Data Levels for 4th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

-- 8973 - 8995 - 9010/9017 - 9039 - 9061 -9074/9083 - 9094/9105 - 9121/9127 ++

---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)
-- 19797/19842 - 19940/19988 - 20037/20086 - 20122/20164 - 20183/20232 - 20280 - 20378/20426 - 20472/20524 ++

---------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 3rd Mar, 2015

Nifty Future Data Levels for 3rd Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)
-- 8979/8986 - 9002 - 9015/9025 - 9038/9054 - 9064 - 9082/9094 - 9100/9110 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)
-- 20126-20180 - 20221/20245 - 20307 - 20364/20412 - 20441/20463 - 20507-20555 - 20603-20650 ++
---------------------------------------------------------------------------------------------------------------

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 2nd Mar, 2015

Nifty Future Data Levels for 2nd Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)
-- 8924 - 8967 - 9010 - 9053- 9096 - 9138 ++
---------------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)
-- 19763 - 19858 - 19953 - 20048 - 20143 - 20238 - 20428 ++
-----------------------------------------------------------------------

F&O Cues

F&O Cues  Updated.

Murrey Math and Options data based position - EOD 28th Feb, 2015