nifty future predictions for 25th may 2016





Nifty future today closed at 7762 with gain. See buy on dips strategy worked for the day and nifty closed with gain. From low we saw 50 points gains.
 
For tomorrow, nifty future outlook remain weak and expect strong resistance around 7820 levels. Future traders can use 7820-7850 zone to go short and expect downside 7725 and 7665.

 
Option traders watch nifty 7800 put options for the day.

 
If gives closing above 7820 then expect trend reversal and 8100 to 8300 tgts in June series

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Pramod Baviskar

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