MTECHTIPS NIFTY FUT intraday trading analysis 15-06-2016

MTECHTIPS NIFTY FUT intraday trading analysis 15-06-2016
MTECHTIPS Nifty future today closed at 8122 with loss. We saw today low around 8075. Nifty is showing signs of reversal above 8040 support. So my outlook is bullish on nifty future with strict stop loss below 8040. For tomorrow, nifty future intraday support zones are 8080 and 7990. On upside 8145 and 8180 are intraday resistance. Closing above 8180 means confirm signal of reversal move. Future traders for tomorrow keep buy on decline strategy for nifty future with strict stop los below 8000 for targets 8180 and positional target 8380. Option traders use nifty 8000 call options as buy on decline with same stop loss.
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