Tuesday, March 31, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 31st Mar, 2015


Update on Nifty and Banknifty Spot

Overall Nifty still negotiating at the crucial resistance Zone and Bnaknifty consolidating near the crucial resistance Zone.

Update on Banknifty Spot

This has to rise above the falling channel resistance at 18430-18450 and trade comfortably. Banknifty will be out of the woods thereafter otherwise the rally may be an x-wave after one set of a-b-c corrective. From the Month's prospective (today) Bankifty may love to defend 18667 and from the Week's (tomorrow) 18299(approximately).

Update on Nifty Spot

This has to rise above the falling channel resistance at 8515-8525 and trade comfortably. Nifty will be out of the woods thereafter otherwise the rally may be an x-wave after one set of a-b-c corrective. From the Month's prospective (today) Nifty may love to defend 8555 and from the Week's (tomorrow) 8469(approximately).

Nifty Future Data Levels for 31st Mar, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

- 8462 -  8500-8513  -  8539 - 8560 -  8590 -  8616-8622 -  8642-8654 -  8694 ++

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Banknifty Future (Bias -  Positive)
-- 18242 - 18318-18337 - 18478-18530 - 18600-18633 - 18680-19715 - 18931-18989 ++
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