Wednesday, May 6, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 6th May, 2015

Update on Nifty

GST has become a worry for FII's too!  Though structure was bearish ( irregular c-failure flat)  but OI data wasn't suggesting this much weakness. Staying below 8119 Nifty Spot has next support near 7990-8000 only.

Nifty and Banknifty Future Key Level(s) for 6th May, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)

Weak Below / Strong Above 8330. 
---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18483. 
------------------------------------------------------------------------------------------------------