nifty future hit 7985 given tgt 7995-8250

nifty future hit 7985 given tgt 7995-8250 Nifty future today closed with 25 points loss at 7905. Today we saw high of 7985, my targets are 7995 and then 8250. Tgt of 7995 is almost achieved by nifty and which is now major hurdle.   Expect next big move above it only till then correction and consolidation is expected.   For intraday nifty future support zones are 7850 and 7755.   While on upside 7985 to 8000 is major hurdle and must be taken out with strong price action as well as volume to move ahead.   Booked full profit in nifty 7500 call option which given high of 481 from low of 110!!

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Pramod Baviskar

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