MTECHTIPS NIFTY FUT intraday trading analysis 08-12-2016
MTECHTIPS NIFTY FUT intraday trading analysis 08-12-2016
MTECHTIPS Nifty Future Hit Low 8095 Target 8050 Nifty Future Closed At 8136 With Loss. In Intraday We Saw Low Below 8100. My Intraday Sell Target Achieved By Nifty Future.Nifty Future As Expected Opened Strong And Hit High Near 8220. But That Was Strong Resistance And We Saw Strong Supply In Market At That Level. Nifty As Expect Resumed Downtrend And Heading For My Bearish Target Of 7860.Nifty Trading Strategy Remain Sell On Rise. For Tomorrow, Nifty Future Intraday Resistances Are 8175 And 8220. Nifty Intraday Support Zones Are 8075 And 8050.From Long Term View Also Outlook Is Not Looking Good. Below 8155, Nifty Long Term Support As Well As Target Is Around 7200.
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