nifty future today closed at 7828 with 26 points loss.
0.6% open interest cut suggest some short covering.
nifty 8000 call options writing is seen.
nifty short term trend and momentum both are
bearish but nifty is forming shot term bottom.
nifty intraday support will be 7798 and 7710.
nifty intraday resistance will be 7860 and 7888.
nifty as expected given reversal and closed in green
expect follow up buying up to 8000 levels.
free nifty future intraday call will be buy near support zones
with strict stoploss for target 7888 to 8000.
free nifty option call will be
buy and accumulate in nifty 7900 call options
on decline with strict stoploss.