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

Update on Nifty Spot

Trading environment remains till Monday. As Nifty Spot is vulnerable to a fall towards 8403. Sell on rallies also.

Update on NIfty and Banknifty Future

Nifty & Banknifty both have got oversold in hourly as well as in daily.  If 8560 is sustained on Nifty Future a pullback towards 8700 towards expiry looks obvious or atleast a bottom formation effort may start from today. For Banknifty Future sustaining above 18512 will bring up bounce towards 19000. 

Nifty Future Data Levels for 24th Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8471 - 8522 - (8574) - 8600 - 8626 - 8652 - 8678 ++
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Banknifty Future (Bias -  Negative)
- 18292 - 18404 - 18516 - (18600) - 18684 - 18740 - 18796 - 18852 - 18908 ++
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