Tuesday, June 30, 2015

F&O Cues

F&O Cues Updated.

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


Update on Nifty Spot

Nifty in a likely ending triangle before moving up. Expect volatility.

Update on Nifty Spot

Spot Nifty buy above 8290.

Nifty and Banknifty Future Key Level(s) for 30th June, 2015

TRADE the Levels, Charts Can Adjust.

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

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8336.

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

Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 18270. 
--------------------------------------------------------------------------------------------------------

Monday, June 29, 2015

Nifty Spot Intraday Chart on 29th Jun, 2015

g-leg down in progress and holding around 8150-8200 would be a confirmation,

Update on Banknifty Future

Recovery and sustaining above 17873 Banknifty Future will lead to 18823(1st Target)  this month(Expiry Month).  17842  is day SAR level.

Update on Nifty Future

Recovery and sustaining above 8247 Nifty Future will lead to 8511(1st Target)   this month(Expiry Month). 8190-8200 is strong support and good buy zone. Nifty Future SAR level is at 8182 today.

Nifty and Banknifty Future Key Level(s) for 29th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8394.

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


Banknifty Future (Bias -  Positive)

Weak Below Strong Above 18375. 
--------------------------------------------------------------------------------------------------------

Friday, June 26, 2015

Update on Nifty Spot

Close below 8379 (Day High 5 Ema) will indicate weakness and more so if closes below 8358 (Week High 5 Ema). Caution with longs for Monday if EOD average close of Nifty spot is below any one of them.

Nifty Spot Daily Chart As on 26/6/2015

Breakout of range will show direction. Nifty has a task in hand failing which bearish options will remain open. The task is to retrace the high of 8490 within next week!! As long as bias remains positive the positive options are open.

Update on Nifty and Banknifty Spot

Bias Change if EOD close below below 8329.50 for Nifty Spot and below 18278.70 for Banknifty.

Update on Nifty and Banknifty Future

Both Nifty Future and Banknifty Future fell from the buy Above / Sell Below Level!

Update on Nifty Spot

8433 by Monday and 8490 by next Thursday is the name of the bull game.  So, let us watch the time as well as price!

Nifty and Banknifty Future Key Level(s) for 26th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)


Weak Below / Strong Above 8413. 
---------------------------------------------------------------------------------------------------------


Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18490. 

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

Thursday, June 25, 2015

Update on Nifty Spot

8432.70 Needs to be crossed by Monday for Faster retracement and bullish options for Nifty.  Which should be easily doable. 

Update on Nifty Spot

8350 is also sealed by put writers.  Will it be a flat close?  Need to see the last hour.

Update on Nifty

Huge Call builtup near 8400 is making a close above 8400 almost impossible for the day! Now if weakness remains the 8300 attempt may be a possibility near end of day.

Update for Nifty

Today may be a trading day for buying low (towards 8300) and selling high (towards 8400).

Nifty and Banknifty Future Key Level(s) for 25th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8321.  

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


Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18233..

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

Wednesday, June 24, 2015

Update on Nifty Spot

Close below 8334.95 will indicate change of bias.

Update on Nifty Spot

Trade the levels and caution at the higher levels  for today.

Nifty and Banknifty Future Key Level(s) for 24th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8384. 

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

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18492. 

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

Tuesday, June 23, 2015

F&O Cues

F&O Cues Updated.

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


Update on Nifty Spot

8490 needs to be retraced in next 4 days (preferably) from today to set the bullish options open that could also be the last nail in the bear coffin.

Nifty and Banknifty Future Key Level(s) for 23nd June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)


Weak Below / Strong Above 8350. 

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


Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 18304. 
--------------------------------------------------------------------------------------------------------

Monday, June 22, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 22nd Jun, 2015


Nifty Spot Update

Nifty heavily overbought now caution needed.

Update on Nifty Spot

8490 needs to be retraced within another 9 days to confirm the larger downtrend being over and the charts to turn positive.

Nifty and Banknifty Future Key Level(s) for 22nd June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8236.  

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

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 17836.
--------------------------------------------------------------------------------------------------------

Friday, June 19, 2015

Nifty and Banknifty Future Key Level(s) for 19th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8208.  

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

Banknifty Future (Bias -  Positive) 

Weak Below / Strong Above 17786. 
--------------------------------------------------------------------------------------------------------

Thursday, June 18, 2015

Nifty and Banknifty Future Key Level(s) for 18th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8038.  

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

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 17541.
--------------------------------------------------------------------------------------------------------

Wednesday, June 17, 2015

F&O Cues

F&O Cues Updated.

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


Nifty EOD 4 Hour Chart as on 16th June, 2016

Completion of c-leg as diametric could be confirmed above 8191 Nifty Spot. Nifty will find strength sustaining above 8062. Let us see the price action.


Nifty and Banknifty Future Key Level(s) for 17th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8066. 
-------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 17669. 
--------------------------------------------------------------------------------------------------------

Tuesday, June 16, 2015

F&O Cues

F&O Cues Updated.

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


Nifty and Banknifty Future Key Level(s) for 16th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 7978.  
-------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 17425..
------------------------------------------------------------------------------------------------------

Monday, June 15, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 15th Jun, 2015


Update on Nifty Spot

Holding the double bottom on the short term charts at around 7940 and a close above 7996 will bring in some peace for the bulls. This week may be crucial in terms of holding the key support zone.

Nifty and Banknifty Future Key Level(s) for 15th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 7967.  .

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

Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 17437. 
--------------------------------------------------------------------------------------------------------

Friday, June 12, 2015

Update on Nifty Spot

Intrada 7965 Plus Bullish and 7940 Minus bearish for Nifty Spot today.

Nifty and Banknifty Future Key Level(s) for 12th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

7894-7916 Huge Support and 7971-8004 Huge Resistance for the day.

Weak Below / Strong Above 7971.
-------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

17966-17031 Huge Support and 17324-17377 Huge Resistance for the day.

Weak Below / Strong Above 17324.
--------------------------------------------------------------------------------------------------------

Thursday, June 11, 2015

Update on Nifty Spot

Previous chart ruled out and hence Nifty is likely to do a lower low to 7997 or near about and bottom out on Friday if 7950 is held.

Nifty and Banknifty Future Key Level(s) for 11th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

8095-8110 Huge Support and 8186-8200 Huge Resistance for the day.

Weak Below / Strong Above 8135.  
---------------------------------------------------------------------------------------------------------


Banknifty Future (Bias -  Positive)

17557-17623 Huge Support and 17761-17847 Huge Resistance for the day.

Weak Below / Strong Above 17723.
--------------------------------------------------------------------------------------------------------

Nifty Spot Hourly EOD as on 10th June, 2015


Wednesday, June 10, 2015

F&O Cues

F&O Cues Updated.

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


Update on Nifty Spot

Within next 7 hours if Nifty Spot retraces 8191, the downward correction will be considered over and Nifty is likely to rally on a medium term basis.

Update on Nifty and Banknifty Future

NF will show weakness only below 8082 and BNF below 15570.

Update on Nifty Spot

8058 plus closing on Nifty Spot will give bias change.

Nifty and Banknifty Future Key Level(s) for 10th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

7963-7984 Huge Support and 8048-8063 Huge Resistance for the day.

Weak Below / Strong Above 8002.  
---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

17293-17359 Huge Support and 17491-17557 Huge Resistance for the day.

Weak Below / Strong Above 17371. 
--------------------------------------------------------------------------------------------------------

Tuesday, June 9, 2015

Nifty and Banknifty Future Key Level(s) for 9th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

7967-8005 Huge Support and 8071-8104 Huge Resistance for the day.

Weak Below / Strong Above 8056.  
---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Negative)

17200-17304 Huge Support and 17458-17545 Huge Resistance for the day.

Weak Below / Strong Above 17359.
---------------------------------------------------------------------------------------------------------

Monday, June 8, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 8th Jun, 2015


Nifty Spot Hourly chart intraday 8th June, 2015

7961-8000 Nifty Spot should be able to hold during this round for a pullback to the falling channel. Break above the downward channel important to complete the correction. 7950-8000 biggest support.

Friday, June 5, 2015

Update on Nifty Spot

Close above 8174 Nifty Spot will be bullish. and 8161 plus close will change bias to positive.

Nifty Spot Hourly Chart EOD dated 4th June, 2015

Prices have probably hit a medium term bottom or will bottom out holding yesterday's low. Worries will set in if price close below yesterday's low. So, we may be set for a medium term rally. Confirmation will be a close above previous day high!!


Nifty and Banknifty Future Key Level(s) for 5th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

8100-8113 Huge Support and 8172-8191 Huge Resistance for the day and Hourly is completely oversold and now daily too at the day beginning.

Weak Below / Strong Above 8143.

---------------------------------------------------------------------------------------------------------
Banknifty Future (Bias -  Positive)

17624-17684 Huge Support and 17890-17940 Huge Resistance for the day and Hourly is completely oversold and now daily too at the day beginning.

Weak Below / Strong Above 17732.
--------------------------------------------------------------------------------------------------------

Thursday, June 4, 2015

F&O Cues

F&O Cues Updated.

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


Nifty and Banknifty Future Key Level(s) for 4th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

8118-8136 Huge Support and 8236-8250 Huge Resistance for the day and Hourly is completely oversold and now daily too at the day beginning.

Weak Below / Strong Above 8181.  

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

Banknifty Future (Bias -  Negative)

17646-17690 Huge Support and 18052-18090 Huge Resistance for the day and Hourly is completely oversold and now daily too at the day beginning.

Weak Below / Strong Above 17811. 

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

Wednesday, June 3, 2015

F&O Cues

F&O Cues Updated.

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


Update

There is no need to panic. But next 1/2 days crucial.

Nifty and Banknifty Future Key Level(s) for 3rd June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

8180-8200 Huge Support and 8300-8316 Huge Resistance for the day and Hourly is completely oversold at the day beginning.

Weak Below / Strong Above 8236.  
---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)

17732-19795 Huge Support and 18189-18278 Huge Resistance for the day.

Weak Below / Strong Above 17890. 
--------------------------------------------------------------------------------------------------------

Tuesday, June 2, 2015

F&O Cues

F&O Cues Updated.

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


Update on Nifty and Banknifty

Nifty and Banknifty has became quite oversold in Hourly  and has come to strong support zone. So, one can expect a reasonable rally tomorrow / day after .

Update on Nifty Future and Banknifty Future

If 8260 holds for 1/2 days expect nifty to rally towards 8500 next week.
If 18057 is held for 1/2 days expect Banknifty Future to rally towards 18767 again next week.

Update on Nifty Future

Strength above 8403 only for Nifty Future.

Nifty and Banknifty Future Key Level(s) for 2nd June, 2015

TRADE the Levels, Charts Can Adjust.


Nifty Future (Bias - Positive)

Weak Below / Strong Above 8435.  

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

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18644. 
--------------------------------------------------------------------------------------------------------

Monday, June 1, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 1st Jun, 2015


Nifty and Banknifty Future Key Level(s) for1st June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8467. 

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

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18767. 

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