free nifty future and option tips for 3 December 2015 Nifty December expiry future today closed at 7959 with the loss of 29 points. At opening nifty faced strong supply from the market at 8000 level and followed by profit booking. Nifty short term trend channel support is around 7900-7920, so daily closing below it means fresh breakdown for target 7825 and below. Traders keep watch on 7900 level and take the call. My view is still bullish on nifty as trend still holding and this is a just correction before next major move above 8000. Future long traders can do fresh buying around 7880-7920 zone with stop loss for target 8000. Options traders keep buying on decline view in 7800 call options. As per weekly chart, nifty spot max downside will be up to 7860.