Nifty Futures Trade – August 2015

In general follow the following levels for trading Nifty Futures during August 2015 month…

During August month till expiry Nifty future can trade as follows….

Above 8595 will be a BUY for targets of 8618, 8662, 8678
Above 8678 will trade towards 8732, 8789, 8818, 8887.
It should find resistance at 8818 and 8887

Below 8520 will trade towards 8466 and 8410.

Below 8340 will be a SELL for targets of 8323, 8298, 8254
Below 8254 will trade towards 8201, 8144, 8115, 8046
It should find support at 8115 and 8046.

To keep it simple just keep in mind,

Buy Above 8493

Sell Below 8400

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