Nifty November expiry future today closed at 8655 with flat loss. In intraday we saw lower level up to 8590 but strong recovery at end closed index future flat negative. Nifty closed near day high which is bullish sign. For tomorrow, nifty future outlook is bullish and strategy remain buy on dips. support zones are 8590 and 8550 and these are fresh long entry zones. Nifty future intraday resistances are 8670 and 8730 as well as target zones. Swing traders watch 8730 resistance for bullish trend breakout.
Free nifty future trading tips for 28th October, 2016
Nifty future traders can buy nifty November expiry future around 8590 with stoploss below 8550 for targets 8670 and then 8730. Positional traders keep buy on dips view for targets 8730 and 8895.
Free nifty option trading tips for 28th October 2016
Nifty option traders can buy nifty 8700 call options of November expiry around 70-80 zone with stoploss below 50 for targets 110-120 in intraday. Positional traders can use nifty 8900ce November as buy on dips for big gains in medium terms.