nifty future 200 points correction already told in weekly outlook

nifty future chart 5 april 2016 Nifty future today tumbled by 178 points. From 7800 to almost 7600 lost 200 points plus. I already told this in weekly analysis report. On downside 7520 is major support and nifty might test it or give reversal just above it.     Nifty future price trend and momentum still bullish and targets are still at 7995 and 8250!! Trend will change if nifty future weekly closing comes below 7520.     Risky traders can buy nifty future near 7500 with strict stop loss for swing target 7995 and above till April expiry.     Option traders near 7500 start accumulating far month OTM options on decline for big gains in medium terms.

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Pramod Baviskar

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