nifty future tips and trading strategy for tomorrow
nifty technical chart
nifty technical analysis
Nifty jan expiry future today closed at 6001 with loss of 43 points or 0.70%.today nifty future with gap down opening hit high of 6048 and then remain under pressure on profit booking.today nifty jan expiry future hit low near 5981.so total 67 points intraday movement with 1.21% drop in open interest.nifty spot closed at 5971 with loss.
for tomorrow nifty future trend and momentum both looks bearish and below 6015 traders must stay short for intraday.on downside expect targets of 5960 to 5925 while on upside resistances are 6040 and 6065.
if open above 6015 then must go long for same targets of 6040 and then 6065.on intraday chart no clear cut trend only volatility in range bound moves is appear.
for intraday if opens below 6015 then buy nifty 6000pe for intraday and if opens above 6015 then buy call options of same strike price.
free nifty future tips (premarket view)
below 6015 expect downside targets of 5960 to 5925
opening above 6015 may change the trend.
buy call or put after opening below or above 6015.