premarket nifty F&O tips for 3 nov 2015

nifty future today closed at 8075 with 19 points loss.
7% open interest addition suggest fresh short addition.
nifty 8200 call options writing is seen.
Nifty 1 week channel trend is down.
Nifty 1 month price channel trend is up.
RSI is near 42 with sell signal.
nifty intraday support will be 8050 and 7990.
nifty intraday resistance will be 8090 and 8180.
nifty future intraday call will be go short near
resistances with strict stop loss for targets 8050 and below
nifty option intraday call will be buy 8200 put options
on decline with stop loss and with positional view.

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Pramod Baviskar

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