F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 9th Apr, 2015

Update

Just remain long and especially in Banknifty returns may be more rewarding in the short term. Watch the Bias.

Update on nifty and Banknifty

Banknifty outperforming and Nifty and Banknifty both offered a good buying opportunity.

Update on Nifty Future

Nifty Future may be sold sustaining below 8820 for some correction. When bias (see education) is positive a 60-100 point dips are good enough to square off shorts and even getting back to longs.

Update on Nifty Spot

A 5 wave move from 8269.15 is likely to complete now for today Selling at the Higher Side of the range will be useful for some correction. Positive Bias has been maintained.

Nifty Future Data Levels for 9th April, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8782.
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Banknifty Future (Bias -  Neutral)

Weak Below 18464 / Strong Above 18544. 
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