Nifty Intraday Report for 25 October 2016

Nifty Intraday Report for 25 October 2016 Nifty future today closed at 8723 with gain. Today we saw high near 8750 while lows were near 8690. We saw a breakout above 8730 and closed near it. Nifty future short term trend and momentum are up and above 8730 expect a rally for swing target 8895. For tomorrow, nifty future intraday zones are 8680 and 8655 while on upside 8770 and 8815 are intraday resistances as well as target zones. Nifty future traders keep long view and follow buy on dips view with a stop loss or hold a nifty future long position with trailing stop loss for target 8770 and 8815. If nifty fails cross or sustain above 8730 then expect reversal and downtrend to continue but that seems less likely in the current situation. Nifty option traders keep buying on dips view in nifty 8900 call options of November expiry with stop loss for intraday gains. If nifty reach 8895, expect 100 to 150% gains in this option in medium terms. For nifty option tips on WhatsApp with live support and follow-ups join our option tips service.

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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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