NIFTY FUTURE UPDATE..09/07/2014

Daily Chart View..

Nifty future short term… bear if trading below 7660 or daily closing below 7660,resistant 7775...closing besis..

For the day look for intra-day clue from the intra-day trading strategy mentioned below for isolated purely intra-day traders.

Purely for Intra-day Traders irrespective of Trends:

Buy call: If Nifty future trade on 7810..then 7815-7825..7852

Stop loss: 7705 or day (10am o’clock)of the low…

Sell Call: If trade below 7705 then 7675, 7660,(sell on rise)

Stop loss:  7810 or Day(10am o’clock)of the high..

NOTE:If nifty future hold yestereday low..7620.85..will bounce back...