F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 21st Jan, 2015

Update on Nifty Spot

Sustaining above 8722 can give more momentum to Nifty Spot.  Situation is Highly overbought and hence caution starts above 8722 too.

Nifty Future Data Levels for 21st Jan, 2014

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

-- 8675 - 8697 - 8731-8743 - 8756-8768 ++
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Banknifty Future (Bias - Positive)

-- 19719-19741 - 19811 - 19871-19881 - 19332-19970 - 20039 ++
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Nifty Spot Hourly Chart EOD 20th Jan, 2015

The charts had to change after yesterday's upmove.  It may be now that the 3rd leg upmove's a and b legs now completed and the c-leg has started from 14th Jan, 2015 and it is once again a dimetric in progress similar to the first two legs.