Nifty future building base before rally

Nifty future outlook for 25 November 2016 Nifty future outlook for 25 November 2016 Nifty future today closed at 8010. Nifty December expiry future most of the day traded above 8000 and closed above it. Nifty future is deeply oversold and building base before moving upward. See some high volatility around bottom but outlook remain buy side. Nifty future traders can Use sub 8000 level to enter long with stop loss for my swing target of 8165. Option traders use nifty Jan expiry 8300 call options as buy on dips for short term gains. From long term view, expect this week as bottom and expect then strong upside run in medium to longer term for my target of 8885.

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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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