Tuesday, May 26, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 26th May, 2015


Intraday Update on Nifty and Banknifty Future

8350 Plus strength in Nifty Future
18286 Plus strength in Bank Nifty Future.

Nifty Spot 4 Hour Chart EOD 25th May, 2015

We are now in the b-leg down of the current 12 day old uptrend  that started from 7997.15. The 8300 zone is strong support on EOD basis for Nifty Spot and dips towards that should be bought. Nifty may remain sidewise for a while before moving up again for the c-leg. Worry will be there if Nifty keeps sustaining below 8300.

Nifty and Banknifty Future Key Level(s) for 26th May, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8374.

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18329. 
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