muhurat trading tips 2016

nifty future muhurat trading tips 2016

Nifty future muhurat trading tips 2016

Nifty future last closed at 8669 with gain. Nifty future is recovering from lows as expected and heading towards 8730 level. On muhurat trading session, nifty view will remain bullish and strategy will be buy on dips. As session is only for 60 minutes, target will be positional. For muhurat trading session, nifty future support zones are 8635 and 8595 and these are fresh buying levels for nifty traders. On upside 8720 and 8765 are nifty future resistance zones as well as target zones. Closing above 8730 means nifty will become bullish from medium term view for minimum target of 8895. Nifty option traders can buy nifty 8700 call options around 80 to 90 rupee with stoploss below 65 for targets 120-135 in short terms. bank nifty future muhurat trading tips 2016

Bank nifty muhurat trading tips 2016

Bank nifty future last closed at 19650 with gain. Bank nifty is seeing strong demand on lower levels and taking major support. Above 19670 expect another short covering bout. For muhurat trading, bank nifty future outlook remain bullish and traders can buy bank nifty November expiry future at support zones for big target upside. Bank nifty future intraday support zones are 19500 and 19410 and these are fresh long entry zones. On upside 19750 and 19940 are bank nifty intraday resistances as well a short term targets. Bank nifty future traders use 19400 to 19500 zone as buy and accumulate with stop loss for targets 19750 and 19940. Bank nifty option traders can buy bank nifty 20000 call options around 160 to 180 with stop loss below 120 for targets 250 to 280 in short terms.  

Muhurat Trading Session Start Time Close Time
 
Normal Market open 18:30 hrs 19:30 hrs

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Pramod Baviskar

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