Free Stock market / Nifty intraday tips

July Nifty future update

8200-nifty-call
We already have enjoyed DOUBLE/TRIPLE targets call option of nifty 8200, I told you to buy this @ Rs. 17 and Targets Rs. 36 and 42 and also Rs 62. This 8200 call of nifty moved to Rs. 108 in expiry. In the more, 29th nifty of nifty chart clearly mentioned 8265 levels as targets.
I’m sure that your expiry trading secession was greatest as usual.

My newest trade idea didn’t come about because of the Brexit vote, but it’s nice to get some validation from the new situation over there in Europe.

Nifty may open July series on positive.The market is likely to open July Futures & Options series on a positive note as global market continued to rally. On Thursday the Nifty hit a fresh 2016 high, rising 1 percent on short covering.
Dow climbed 1.3 percent on Thursday, posting its third straight days of gains and erasing a bulk of its losses after Brexit.The Nifty ended on an optimistic note while scoring a century on expiry day. Nifty futures settled at a premium of 33 points

Look at this chart

Updated Time and Date: 12:30 PM on 1st July, 2016

8200-nifty-call

I don’t think that nifty have enough ability to survive you more than 60 points up from today high therefore, try out 8200 PUT.  Trade in steps…

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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7 Comments

  1. plzzzz sir, can u explaine me eassylly….. Wht exactlly chart said……??????????????

  2. I observed that today nifty spot/future price was falling but put price of any strike such as 8200, 8300 was not moving in the upward direction but it was falling. Why? Do you have any view on this?

  3. vivek patel . I observed that today nifty spot/future price was falling but put price of any strike such as 8200, 8300 was not moving in the upward direction but it was falling. Why? Do you have any view on this?

    that’s true I agree with you vivek patel,

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