MTECHTIPS NIFTY FUT intraday trading analysis 01-10-2015
MTECHTIPS nifty oct future today closed at 7986 with 111 points gain. 4% open interest long build up seen. nifty 8100 call options writing is seen. Nifty 1 week channel trend is down and Nifty 1 month price channel trend is up RSI is near 50 with bullish divergence. for tomorrow, nifty intraday support will be 7905 and 7850 on upside nifty intraday resistance will be 8020 and 8070 for tomorrow, future traders keep buy and accumulate near support strategy for targets 8020 and then 8070 in short terms. option traders can use nifty 7900 call options for buying and accumulation on correction.