Now Nifty fut come back in bull tracks. Support 7750-7680. But strong resistance
levels 7890-7900. It is not only resistance, as per charting manual, that area
is the double top area. So some chances to again we can see profit booking
factor up to 7780-50 levels. But over all Nifty future is in bullish
conditions.
So, as per chart reading trading points is –
¤
Trade with short term target with small Stop
loss.
¤
Buy around 7840-50 levels with stop loss 7670
for target 7880-7900.
¤
Sell 7890-7900 with Stop loss 7950 for target
7780-50.
ü
Expiry coming soon, be steady for un expected
movements.
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