MTECHTIPS NIFTY FUT intraday trading analysis 09-07-2015

MTECHTIPS NIFTY FUT intraday trading analysis 09-07-2015
MTECHTIPS Nifty July Future Today Closed At 8368 With Loss Of Almost 150 Points. Today Nifty Fut Intraday High Was At 8464 While Low Was At 8342. Total 130 Points Intraday Swing And Closed At Given Target Of 8350. 2% Cut In Open Interest Suggest Profit Booking Under China Fear-Factor. Nifty 8500 Call Option Writing Continues As Expected. Here Below 8350 Next Major Support As Well As Target Will Be 8260. If Nifty Gives Daily Closing Below 8260 Then There Are More Chances Of Fresh New Low For Nifty. Below 8260 Traders Can Expect 8050 To 7730 Zones As Short To Medium Term Nifty Target.
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