Tuesday, April 7, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 7th Apr, 2015


Update on Nifty Spot

Nifty is really entertaining intraday basis. EOD close with all options open and positive bias intact!

Update on Nifty Spot

For positional traders buy on dips remains. All dips towards 8550-8600 Nifty Spot must be bought.

Update on Nifty Spot

With all probabilities x-wave up got over today and an ending triangle has started. We are observing the a-leg down of the triangle now. Very premature to say but will update the chart.

Update on Nifty Spot

8550-8580 Firm bottom for Nifty Spot. Caution for next 2 days.

Update

Caution with Longs.

Update

Cool Panic Buying opportunity given by market.

Update on Nifty and Banknifty Future

8710 Plus long only for Nifty Future and 18700 Plus long only for Banknifty Future.

Update on Nifty Spot

Buy in dips remains as long as bias is up. Nifty needs to do 8788-8794 in next 2 days as well. Buy the intraday panic.

Update on Nifty Spot

Hourly is very overbought. Suggest caution and booking of longs and waiting it out.

Nifty Future Data Levels for 7th April, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8710. 
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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18787. 
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