Nifty F&O predictions for 23 November 2016
Nifty future today closed at 8017 with gain. As expected nifty is coming off oversold zone and will remain buy on dips from medium to long term view. For tomorrow, above 8005, nifty future will resume recovery phase and head towards my target 8165. Volatility will remain high for short term traders while for investors it will be one time buying opportunity.
Investors watch strong short covering as well as value buying rally above 8155 on weekly closing basis.