Thursday, August 6, 2015

Nifty Swing levels to trade

Nifty is Trading near high point ànd a weakish resistance zone at 8590. A reaction is evident from yesterdays trading as Nifty could not close near its high.
We have support zone near 8527-8407 on 60 min chart.
Next daily support is at 8397.
Look to buy Nifty on deep from Swing perspective.

Aggressive Traders can look to buy 8500 Put for intraday trade.

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