Friday, July 10, 2015

F&O Cues

F&O Cues Updated.

Murrey Math and Options data based position - EOD 10th July, 2015


Update on Nifty Spot

No overestimation for rallies till we get a close above 8400 or bias change.

Update for Nifty Spot

An extracting triangle probability will be there if yesterday's low 8323 is broken below, which might take the price towards 8200. If Nifty manages to sustain and close above 8400 from here and reverse the negative bias then prices will soon retest the recent highs. The important IIP Data is set to be released today after market hours.

Update on NIfty and Banknifty Spot

As long as 8348 for Nifty Spot and 18610 for Banknifty Spot is holding up-move is expected after some consolidation.

Nifty and Banknifty Future Key Level(s) for 10th 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 18545. 

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