Tuesday, June 2, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 2nd Jun, 2015


Update on Nifty and Banknifty

Nifty and Banknifty has became quite oversold in Hourly  and has come to strong support zone. So, one can expect a reasonable rally tomorrow / day after .

Update on Nifty Future and Banknifty Future

If 8260 holds for 1/2 days expect nifty to rally towards 8500 next week.
If 18057 is held for 1/2 days expect Banknifty Future to rally towards 18767 again next week.

Update on Nifty Future

Strength above 8403 only for Nifty Future.

Nifty and Banknifty Future Key Level(s) for 2nd June, 2015

TRADE the Levels, Charts Can Adjust.


Nifty Future (Bias - Positive)

Weak Below / Strong Above 8435.  

---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18644. 
--------------------------------------------------------------------------------------------------------