nifty premarket tips for 21 oct 2015

nifty future today closed at 8254 with 16 points loss.
2% open interest cut suggest profit booking.
nifty 8300 call options writing is seen.
Nifty 1 week channel trend is up and
Nifty 1 month price channel trend is up.
RSI is near 67 with buy signal.
nifty intraday support will be 8248 and 8193.
nifty intraday resistance will be 8291 and 8315.
for tomorrow, future traders can sell nifty around 8315 zone
with stop los for target 8248 and then 8193.
option traders can buy 8300 put options
on decline for intraday.

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Pramod Baviskar

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