Saturday, 24 October 2015

NSE Nifty Future & Option Technical Analysis and Trading Calls

Weekly data shows in the past trading sessions, we have seen strong Put writing in 8300/8200/8100 strikes & major Call build up a 8500/8400/8300 strike indicating a positive bias for market, in the near term.

 On Nifty weekly chart strong resistance is seen at 8320. If it breaks with high volume, more bullishness is expected.
 
Nifty Investment Calls : Buy Nifty Future above 8325 Target 8375, 8425 Stop Loss 8225. you can hold it one week.

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