nifty future above 7470 remain buy tgt 7640-7750

nifty technical analysis for 15 march 2016

nifty technical analysis for 15 march 2016

Nifty future today closed with gain of 32 points. Today we saw high levels up to 7595. Nifty slowly trending towards targets of 7925.   For tomorrow, above 7470 nifty future remain bullish and buy on dips. For 1 to 3 days targets are 7640 and then 7750. While 7925 still as expiry targets for this series.   Future traders keep buy on dips view or strategy with strict stop loss below 7470 and expect short term targets at 7640 to 7750 while 7925 is swing medium term target.   Option traders use far month 7900 call options as buy and accumulate with strict stop loss.

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Pramod Baviskar

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