nifty future today closed at 7976 with 94 points loss.
2% open interest addition suggest fresh shorts created.
nifty 8200 call options writing is seen.
nifty short term trend is down with
strong bearish momentum.
nifty intraday support will be 7932 and 7880.
nifty intraday resistance will be 8012 and 8066.
our nifty sell call achieved its 7975 target
we almost seen 80 points drop from high.
nifty 8200 put options almost given 70 rupee intraday rally.
for tomorrow, as nifty now looks oversold take contra call.
free nifty future intraday call will be buy nifty near and below 7900
with strict stop loss for target 8012 and then 8066.
free nifty option call will be
buy 7800 call options on decline with strict stop loss..