Thursday 1 September 2016

Nifty Fut (Sep); 8875-8925 Zone May Be Big Hurdle Despite "Power Of Liquidity"; Talk Of Fed Rate Hike & Tepid Indian Macros May Drag

Trading Idea: Nifty Fut (Sep)

SGX-NF: 8830 (CMP)

NSE-NF: 8839 (LTP)

Sell on rise around 8875-8900 OR around 8945-8975;

TGT: 8755-8665*-8560-8460-8335-8250*-8151-8000* (5-30 days)

TSL> 8925 OR > 9015

Note: Consecutive closing above 9015 (3 days) for any reason, NF may further rally up to 9075*-9125-9185*-9305 zone in the short to medium term (alternative bullish case scenario).




SGX-NIFTY

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