Nifty Fut (Jan): 7425-7325 Zone May Be The Bottom For The Time Being

 NF has to sustain at least 7560-7650 for 7850-8000 in the near term

Trading Levels:

SGX NF: 7425 (CMP)

NSE NF: 7443 (LTP)

Either buy around 7400 with TSL<7380 

Or in dips around 7325 with TSL<7300

TGT: 7485/7510-7560/7585*-7620/7675*-7705/7761-7800/7850*

Time frame: 5-10 trading days/Exp 

SL=(+/-) 10 points from TSL


Alternative bearish scenario:

Consecutive below 7300 for any reason, NF may further fall towards 7240-7135 & 7000-6900 zone in the near term.

Analytical Charts: