Technical Outlook Of NIFTY FUT(NSE-AUG):1-5 days

For NF, 7840 & 7895 zone will be the major positional resistance; NF has to sustain above these zones for upwards TGT of 8100-8200 zone.

On the downside, 7739-7712 zone should offer intermediate support & below that 7639 zone will be positional support.

Trading Levels: Nifty Fut

		Gap Up/Dw	(Indicative)
SGX NIFTY	7770	-30
				NF-JULY	LTP	7800
	SL >/< 5 POINTS	FROM SLR
	Intraday Swing	Trader
			T1	T2	T3	SLR
Strong >	7840		7860-7895*	7915-7929	7953-7965	<7820
Weak <	7820		7791-7765	7739-7712*	7685-7651	>7840
FOR	Conservative	Positional	Trader
			T1	T2	T3	SLR
Strong >	7840		7895*	7965	8063-8100	<7820
Weak <	7820		7739*	7685	7639	>7840