nifty weekly predictions for 30 nov. to 4 dec. 2015
nifty this week closed with gain at 7942.
this was second weekly gains for index and
heading towards major averages on weekly chart.
for next week, nifty outlook remain bullish
for spot targets 8020 and then 8108
on downside 7930 and 7750 are strong support zones.
traders must hold long positions in nifty with stop loss.
option traders hold nifty 8000 call option of dec expiry
with stop loss for big gains ahead.
monthly chart suggest, if nifty closes above 7890 in nov
expect 8245 target in dec or jan expiry !!