Tentative Wavecount for Nifty Spot EOD 30th July, 2015

Third corrective a-leg done and b-leg going on or over will be confirmed soon.

Nifty and Banknifty Future Key Level(s) for 31st July, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)


Weak Below / Strong Above 8499.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18647. 

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Update on Nifty and Banknifty Future

8423 and 18422 are the crucial number for Nifty and Banknifty Future.

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8395.  

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Banknifty Future (Bias -  Negative)


Weak Below / Strong Above 18354. 

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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 29th July, 2015

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8346. 

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18319. 

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Nifty and Banknifty Future Key Level(s) for 28th July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)

Weak Below / Strong Above 8373. 

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18308. 

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Nifty and Banknifty Future Key Level(s) for 27th July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)

Weak Below / Strong Above 8497.  

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Banknifty Future (Bias -  Negative)


Weak Below / Strong Above 18647. 

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F&O Cues

F&O Cues Updated.

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

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

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)


Weak Below / Strong Above 8616. 

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Banknifty Future (Bias -  Negative)


Weak Below / Strong Above 18907.

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F&O Cues

F&O Cues Updated.

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

Nifty and Banknifty Future Key Level(s) for 23rd July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)

Weak Below / Strong Above 8630. 

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 19033. 

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F&O Cues

F&O Cues Updated.

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

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

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)

Weak Below / Strong Above 8511.  

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18670. 

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Nifty and Banknifty Future Key Level(s) for 21st July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Positive)

Weak Below / Strong Above 8620.  

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 19091. 

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F&O Cues

F&O Cues Updated.

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

Nifty and Banknifty Future Key Level(s) for 20th July, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8629.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 19208.

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F&O Cues

F&O Cues Updated.

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

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8635. 

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 19198. 

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Update on Banknifty Future

Now 19013 crucial for Banknifty Future.

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

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Positive)


Weak Below / Strong Above 8557.  

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Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 18950. 

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F&O Cues

F&O Cues Updated.

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

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8491. 

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18890.
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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 14th July, 2015

Nifty and Banknifty Future Key Level(s) for 14th July, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8511. 

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Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 19054. 

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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 13th July, 2015

Nifty and Banknifty Future Key Level(s) for 13th July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Negative)

Weak Below / Strong Above 8364.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18667.

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F&O Cues

F&O Cues Updated.

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

Update on Nifty Spot

No overestimation for rallies till we get a close above 8400 or bias change.

Update for Nifty Spot

An extracting triangle probability will be there if yesterday's low 8323 is broken below, which might take the price towards 8200. If Nifty manages to sustain and close above 8400 from here and reverse the negative bias then prices will soon retest the recent highs. The important IIP Data is set to be released today after market hours.

Update on NIfty and Banknifty Spot

As long as 8348 for Nifty Spot and 18610 for Banknifty Spot is holding up-move is expected after some consolidation.

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8356.  

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18545. 

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F&O Cues

F&O Cues Updated.

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

Revised Chart for Nifty Spot as on 8th July, 2015

Corrective action continues after the 1st leg up of the 3rd leg of up-move after the 2nd x-wave. Holding about 8320-8340 zone Nifty will  bounce back to recent highs once again.

Current fall is d-leg of the probable triangle now b-leg was 3 days and c-leg started from the 4th day. So d-leg should also for may finish on 3rd /4th day i.e friday/Monday(coming) if the parallel line drawn through b of a-c line is broken d-leg will be bigger than b-leg. and might favour a diametric as well. So, buying closer to 8300 is advisable.

Update on Nifty and Banknifty Future

Today's crucial numbers for Nifty Future is 8363 and Banknifty Future is 18482.

Update on Nifty and Banknifty Spot

Caution with shorts. 8348 and 18396 are crucial supports for Nifty and Banknifty Spot. If these two figures are holding one has to be careful with further shorts.

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)


Weak Below / Strong Above 8356.  

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18466.

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Update on Nifty and Banknifty Future

8332 for Nifty Future and 18400 for Banknifty Future are big supports and probable buying closer to them will yield good returns.

Update on Nifty Spot

Completion of correction posted in yesterday's chart was incorrect as the correction is yet unfinished . However there is not much to worry, the bad news will be absorbed within this week.  It is a buy on every dip market now or buy and hold till Dec, 2015 market now.

Nifty and Banknifty Future Key Level(s) for 8th July, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8480.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18696. 

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F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 7th July, 2015

Nifty Spot Daily Chart EOD 6th July, 2015

A very bullish picture for Nifty Spot has emerged and the target for Nifty by Dec, 2015 can be between 9590/9780-10450/10640.

Nifty and Banknifty Future Key Level(s) for 7th July, 2015

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias - Positive)


Weak Below / Strong Above 8511. 

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Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 18764. 

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Nifty and Banknifty Future Key Level(s) for 6th July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Positive)

Weak Below / Strong Above 8453.50.  
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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18491.
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Nifty probable count on Daily chart posting intraday as on 3rd July, 2015

Probably correction over for the first leg up at 8195.65!!

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

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

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Weak Below / Strong Above 8437.5.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18564.

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

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Positive)

Weak Below / Strong Above 8433.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18545. 
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Nifty and Banknifty Future Key Level(s) for 1st July, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias - Positive)

Weak Below / Strong Above 8348.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18262. 

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