last friday we had updated for you nifty future have resistance and you can use 8200 put for trading. Click here to see full update. This update is also till good for you in trading.
Look at the chart (This chart is updated for coming week)
This chart is telling us that this nifty future is very close to crashing. Trouble is coming to world markets and it may start in Europe. The is already recover much therefore, The market is overbought.
Swimming trader can start profit booking 8450 level around. Nifty sleep to 8300. Don’t advisable to take long position at this time. If market move up then, be silence until 8450.
8200 Put of nifty is good for trading as per previous analysis.
Coming Points to be considerable:
- GST Bill in the next parliament session that will begin on July 18
- Equity markets will remain shut on July 6 for Ramzan Id holiday