Date 07/8/14, Time 01.15 - Sell Nity Fut @ 7670 Stop 7695. Target 7600.
Time 01.47 - Buy Nity Fut @ 7695 Stop 7670. Target 7720.
Thursday, August 07, 2014
Short term Technical view of Nifty-7 August 2014
Short term technical view of Nifty
The level 7800 is crucial for Nifty in the short term. Unless, it sustains above 7800, Nifty is likely to react towards 7200 level initially. Instead, if it could sustain above 7800, then it is likely to rally towards 8000-8200 levels.
Positional Trading call
Trade short below 7800 in Nifty Futures for the target of 7200. Trade long above 7800 for the target of 8000.
The level 7800 is crucial for Nifty in the short term. Unless, it sustains above 7800, Nifty is likely to react towards 7200 level initially. Instead, if it could sustain above 7800, then it is likely to rally towards 8000-8200 levels.
Positional Trading call
Trade short below 7800 in Nifty Futures for the target of 7200. Trade long above 7800 for the target of 8000.
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