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

Update on Nifty Spot

Nifty sustaining the 7995-8050 zone can lead to strong rebound in Nifty.

Nifty Spot Hourly Chart EOD 6th May, 2015

Nifty Spot 1st target is 7995(Approx.) and 2nd Target is 7774 (Approx.) in next 7 days (including today) as par the irregular c-failure flat pattern that has emerged.  Now 7995-8050 last strong Support Zone to be watched out. 

Nifty and Banknifty Future Key Level(s) for 7th May, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8077.  

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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 17750. 
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