Nifty tomorrow-watch for major hurdle 8282

Nifty future technical predictions for tomorrow

Nifty future technical predictions for tomorrow

Nifty future today closed at 8252 with strong gain. We saw strong gap up opening and then follow up buying as well as short covering.   Nifty future price trend is still bearish but momentum is on recovery side. On upside 8282 is major resistance for December series. Traders must watch for breakout above 8282, if happens with strong price action and volume then expect nifty future rally up to 8640 in short term.   Failure to breakout above 8282, means downtrend continuation and nifty slowly head towards my target of 7860. Nifty weekly chart turned bullish and suggesting bottom out pattern for medium term investors. Nifty above 8155 will have its long term target at 8888.

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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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