nifty future report for 20th may 2016

nifty future report for 20th may 2016 Nifty future today closed at 7778 with heavy loss. We saw sharp selloff pressure in end. My sell on rise strategy worked and nifty closed below 7820 level which is bearish.     For tomorrow, nifty future outlook remain bearish and on downside 7745 and 7710 are major intraday support zones. Watch these levels for reversal moves. On upside 7840 and 7905 are resistances.     Future traders here take contra view and buy nifty future at support zones with stop loss for tgts 7840 and 7905. Option traders watch nifty 7800 call options for short covering rally.

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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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