nifty june future outlook for 31 may 2016

nifty june future outlook for 31 may 2016 Nifty future today closed at 8188 with loss. On daily chart, trend and momentum both are strong bullish and use these correction to buy and accumulate.   For tomorrow, nifty future forecast remain bullish and strategy is buy on dips at support. On downside 8155 and 8100 are intraday support zones while on upside nifty intraday resistances as well as tgts are 8240 and then 8320.   Future traders hold long for tgt 8240 and then 8320 in intraday with strict stop loss.   Option traders use nifty 8300 call options to buy and accumulate on decline.

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Pramod Baviskar

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