Tuesday, February 10, 2015

F&O Cues

F&O Cues Updated.

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


Update on Nifty Future

Bias hasn't turned up yet, only Nifty Future closing is coming good EOD as it is sustaining above 8603!

Update on Nifty

Within the day about 400 point move has happened in Nifty.

Update on Nifty Spot

Yesterday it was mentioned that very strong support exits between 8450-8500 for Nifty Spot and the same has now been proven twice for the day.

Update on Nifty Future

8603 will determine the week for Nifty Future.

Update on Nifty Spot

Rise still within falling channel and bias is still very much negative. As predicted yesterday we got the well deserved bounce due to oversold market!


Update on Nifty Future

8603 vital for the week.

Update on Nifty Spot

Above 8615 fatser retracement for the day for Nifty Spot.

Update on Nifty Future

8603 plus Nifty Future becomes bullish.

Update on Nifty Spot

Bias is running -ve till now and if Nifty is able to close above the previous day high then this leg of downleg gets over and thereafter a retracement leg opens.

Update on Nifty Spot

By principle of neowave Nifty Spot may retrace to either 8320-8380 range or extend the retracement to 8180-8200. Kejriwal factor is negative for the market. Trade with caution market highly oversold so bounces will come from time to time!

Nifty Future Data Levels for 10th Feb, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8465-8487 -  8496-8511 -  8522-8538 - 8546-8557  -  8587-8593 - 8603-8613 - 8621 ++
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Banknifty Future (Bias - Negative)
-- 18091-18159 - 18226-18306 -  18355-18377  -  18422-18496 - 18522-18573 - 18600-18656 - 18709-18794 ++
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