Monday 4 July 2016

Nifty Fut (July): Need To Sustain Above 8415-8515 For 8685-8850

Trading Idea: Nifty Fut (July)

SGX-NF: 8400 (CMP)

NSE-NF: 8359 (LTP)

Sell around 8415-8450 OR around 8515-8550;

TGT: 8375*-8300-8260-8180-8130-8020-7920-7890* (5-15 days)

TSL> 8475 OR >8575

Note: Consecutive Closing (3 days) above 8575 for any reason, NF may further rally up to 8685-8785 & 8850-9015 zone in the near term (alternative bullish case scenario from the current trading level).

Analytical Charts:








Article Courtesy: Frontiza.com


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