Tuesday, September 15, 2015

Murrey Math and Options data based position - EOD 15th Sep, 2015


Pre-Market Levels For 15th Sep, 2015 for Intraday Working

TRADE the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future (Bias -Positive) -  Key Number for the day 7830

Trade This  [ - 7830-7857 - (Must touch) - 7893-7920(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7879.  7921 is Day Shocker.  Day SAR is at 7842.  7808 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 7877.20 Target1 - 7893.90  Target2 7922.05 Target3 - 7950.20  Target4 - 7955.03 Target5 - 7994.94 Target6 - 8034.86 Target7 - 8074.77 Target8 - 8114.69 S/L 7873.20-(aggr) /7835.29-(Cons)
OR
Buy Closer to or C.O Above 7795.37 - 7828.40  Target1 - 7856.50  Target2 - 7873.20-7877.20 Target3 - 7893.90  Target4 7922.05 Target5 - 7950.20  Target6 - 7955.03 Target7 - 7994.94 Target8 - 8034.86 Target9 - 8074.77 Target10 - 8114.69 S/L 7795.37 or Day's Low
OR
Buy Closer to 7715.54 - 7755.46 Range  Target1 - 7795.37 Target2 - 7800.20 - 7828.40  Target3 - 7856.50  Target4 - 7873.20-7877.20 Target5 - 7893.90  Target6 7922.05 Target7 - 7950.20  Target8 - 7955.03 Target9 - 7994.94 Target10 - 8034.86 Target9 - 8074.77 Target10 - 8114.69 S/L 7695.59 Or Day Low
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Sell Below or Closer to 7873.20 Target1 - 7856.50  Target2 - 7828.40  Target3 - 7800.20 Target4 - 7795.37 Target5 - 7755.46 Target6 - 7715.54 Target7 - 7675.63 Target8 - 7635.71 S/L 7877.20-(aggr) /7915.11-(Cons)
OR
Sell Closer to  or C.O Below 7955.03 - 7950.20  Target1 - 7893.90  Target2 - 7877.20-7873.20 Target3 - 7856.50  Target4 - 7828.40  Target5 - 7800.20 Target6 - 7795.37 Target7 - 7755.46 Target8 - 7715.54 Target9 - 7675.63 Target10 - 7635.71 S/L 7955.03 or Day's High
OR
Sell Closer to 7994.94 - 8034.86 Range  Target1 - 7955.03 Target2 - 7922.05 - 7950.20  Target3 - 7893.90  Target4 - 7877.20-7873.20 Target5 - 7856.50  Target6 - 7828.40  Target7 - 7800.20 Target8 - 7795.37 Target9 - 7755.46 Target10 - 7715.54 Target11 - 7675.63 Target12 - 7635.71 S/L 8054.81 or Day's High  
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Banknifty Future (Bias -  Positive) - Key Number for the day 16806

Trade This  [ - 16823-16846 - (Must touch) - 16995-17017 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 16936.  17047 is Day Shocker.  Day SAR is at 16727.  16646 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 16924.35 Target1 - 16938.80  Target2 16966.90 Target3 - 16995.10  Target4 - 17157.41 Target5 - 17276.09 Target6 - 17394.77 Target7 - 17513.45 Target8 - 17632.13 S/L 16915.75-(aggr) /16801.37-(Cons)
OR
Buy Closer to or C.O Above 16682.69 - 16873.20  Target1 - 16901.40  Target2 - 16915.75-16924.35 Target3 - 16938.80  Target4 16966.90 Target5 - 16995.10  Target6 - 17157.41 Target7 - 17276.09 Target8 - 17394.77 Target9 - 17513.45 Target10 - 17632.13 S/L 16682.69 or Day's Low
OR
Buy Closer to 16445.33 - 16564.01 Range  Target1 - 16682.69 Target2 - 16845.05 - 16873.20  Target3 - 16901.40  Target4 - 16915.75-16924.35 Target5 - 16938.80  Target6 16966.90 Target7 - 16995.10  Target8 - 17157.41 Target9 - 17276.09 Target10 - 17394.77 Target9 - 17513.45 Target10 - 17632.13 S/L 16385.99 Or Day Low
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Sell Below or Closer to 16915.75 Target1 - 16901.40  Target2 - 16873.20  Target3 - 16845.05 Target4 - 16682.69 Target5 - 16564.01 Target6 - 16445.33 Target7 - 16326.65 Target8 - 16207.97 S/L 16924.35-(aggr) /17038.73-(Cons)
OR
Sell Closer to  or C.O Below 17157.41 - 16995.10  Target1 - 16938.80  Target2 - 16924.35-16915.75 Target3 - 16901.40  Target4 - 16873.20  Target5 - 16845.05 Target6 - 16682.69 Target7 - 16564.01 Target8 - 16445.33 Target9 - 16326.65 Target10 - 16207.97 S/L 17157.41 or Day's High
OR
Sell Closer to 17276.09 - 17394.77 Range  Target1 - 17157.41 Target2 - 16966.90 - 16995.10  Target3 - 16938.80  Target4 - 16924.35-16915.75 Target5 - 16901.40  Target6 - 16873.20  Target7 - 16845.05 Target8 - 16682.69 Target9 - 16564.01 Target10 - 16445.33 Target11 - 16326.65 Target12 - 16207.97 S/L 17454.11 or Day's High  
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Nifty Spot Daily Chart as on 14th Sep, 2015

We are probably having rally as the d-leg up of the diametric  moment. 7881 and 7966 are the key resistance. 7966 is the equality with the b-leg for the d-leg and if this move goes beyond 7966 or not would determine whether the shape of the diametric is a bow-tie or a diamond.

Update

Nifty and Banknifty overbought in Hourly. So, it could be a hard work  to hold the current levels.

Nifty and Banknifty Future Key Level(s) for 15th Sep, 2015

TRADE the Levels, Charts Can Adjust.

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Nifty Future (Bias -Positive) -  Key Number for the day 7830

Weak Below / Strong Above 7879.  
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Banknifty Future (Bias -  Positive) - Key Number for the day 16806

Weak Below / Strong Above 16936.  
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