nifty future achieved 7995 tgt now wait and watch

 

nifty future achieved 7995 tgt now wait and watch

Nifty future today closed at 7971 with strong gains.

 

For intraday we saw strong breakout above 7940 and day high near 7995.

 

My given tgt of 7995 is achieved now traders keep wait and watch strategy.

 

Next move towards 8250 happen if sustain above 8000 level otherwise we may see sharp selloff on profit booking at expiry.

 

Risky traders can go short with strict SL just above 8110 for tgts 7910 and 7830.

 

Risky option traders can buy 8000 put option with same SL for expiry.

 

 

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