nifty oct future today closed at 7986 with 111 points gain.
4% open interest long build up seen.
nifty 8100 call options writing is seen.
Nifty 1 week channel trend is down and
Nifty 1 month price channel trend is up
RSI is near 50 with bullish divergence.
for tomorrow, nifty intraday support will be 7905 and 7850
on upside nifty intraday resistance will be 8020 and 8070
for tomorrow, future traders keep buy and accumulate
near support strategy for targets 8020
and then 8070 in short terms.
option traders can use nifty 7900 call options
for buying and accumulation on correction.