F&O Cues

F&O Cues Updated.

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

Revised Chart for Nifty Spot as on 8th July, 2015

Corrective action continues after the 1st leg up of the 3rd leg of up-move after the 2nd x-wave. Holding about 8320-8340 zone Nifty will  bounce back to recent highs once again.

Current fall is d-leg of the probable triangle now b-leg was 3 days and c-leg started from the 4th day. So d-leg should also for may finish on 3rd /4th day i.e friday/Monday(coming) if the parallel line drawn through b of a-c line is broken d-leg will be bigger than b-leg. and might favour a diametric as well. So, buying closer to 8300 is advisable.

Update on Nifty and Banknifty Future

Today's crucial numbers for Nifty Future is 8363 and Banknifty Future is 18482.

Update on Nifty and Banknifty Spot

Caution with shorts. 8348 and 18396 are crucial supports for Nifty and Banknifty Spot. If these two figures are holding one has to be careful with further shorts.

Nifty and Banknifty Future Key Level(s) for 9th July, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)


Weak Below / Strong Above 8356.  

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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18466.

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