F&O Cues

F&O Cues Updated.

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

Nifty Future Data Levels for 12th Feb, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

-- 8578.8 -  8600 -  (8642) - 8684 - 8705 - 8726 - 8769 ++
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Banknifty Future (Bias - Negative)

-- 18892 - 18985 -  19078 - (19124) - 19170 - 19263 - 19448 ++
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Nifty Spot EOD Chart as on 11th Feb, 2015

Present upmove is either and x wave after the first corrective of d-leg or e-leg has already started.  With the upcoming budget the 2nd scenario is more likely.  For confirmation we need a breakout above the falling channel and close above mondays gap down area.