MTECHTIPS NIFTY FUT intraday trading analysis 20-05-2016

MTECHTIPS NIFTY FUT intraday trading analysis 20-05-2016
MTECHTIPS Nifty future today closed at 7778 with heavy loss. We saw sharp selloff pressure in end. My sell on rise strategy worked and nifty closed below 7820 level which is bearish.For tomorrow, nifty future outlook remain bearish and on downside 7745 and 7710 are major intraday support zones. Watch these levels for reversal moves. On upside 7840 and 7905 are resistances.Future traders here take contra view and buy nifty future at support zones with stop loss for tgts 7840 and 7905. Option traders watch nifty 7800 call options for short covering rally.
WWW.MTECHTIPS.COM
07489294118-119

Post Comment