MTECHTIPS NIFTY FUT intraday trading analysis 14-07-2015
MTECHTIPS Nifty July Future Today Closed At 8481 With Gain Of 97 Points. In Intraday, Nifty Hit High Around 8493 And Closed Near It. While Intraday Low Was 8360. Total 135 Points Rally Seen From Bottom. 8% Addition In Open Interest Suggest Strong Buying From Investors. 8500 Call Option Writing Continues And Will Remain As Strong Resistance. For Tomorrow 8580 Is Target Level And 8430 Is Trailing Stop Loss For Long Traders. For Intraday Traders Can Buy 8400 Call Option On Decline With Same Stop Loss.
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