nifty weekly : index future is heading towards my tgt 7925

nifty future weekly technical analysis for 28 march to 1 april 2016

nifty future weekly technical analysis for 28 march to 1 april 2016

Nifty future this week closed with gain at 7729. This was forth gaining week for this index future. In these 4 weeks period nifty rallied almost by 1000 points from low!   For next week, nifty future outlook remain bullish and this strong buying momentum has its target around 7925. On downside 7700 and 7520 are support zone as well as re-entry points for traders on correction.   Future traders with profitable long positions expect target zone around 7925 with strict trailing stop loss. Option traders can buy next month 7900 call option on decline with stop loss.
Tag : nifty index, nifty index future price, nifty index futures historical data, nse bank nifty historical data, nifty weekly chart analysis

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Pramod Baviskar

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