NIFTY F&O report for 21 October 2016

NIFTY F&O report for 21 October 2016 Nifty future today closed at 8709 with gain. As expected nifty future achieved given a target of 8730. Nifty is in the recovery phase and traders now watch 8730 level for a breakout. Above 8730, traders can expect short term targets of 8800 and 8895 while 8895 will be swing target. For tomorrow, nifty future intraday support zones are 8700 and 8640 while on upside 8730 and 8800 are nifty future intraday resistance zones.   Nifty future traders keep buy at support strategy with stop loss and expect intraday targets at 8730 and 8800. Failure to cross 8730 will result in downside up to 8465. Nifty option traders can buy and accumulate in nifty 8900 call options of November expiry on the decline with stop loss for short term gains. For nifty future tips on WhatsApp with support and follow-ups join our future tips service.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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