Nifty Future:

We are witnessing huge volatility in Market mirroring global market movement. Either its a Oil crisis or currency or Fed and ECB interest rate decision. Moreover, for this settlement Nifty Future has closed at Technical Level of Pivot and this further contributes to alternate bouts of buying and selling. Trade carefully is the Wisdom for this settlement with Volume at low ebb.

Nifty Future’s resistance around 8320 and close above 8376 in EOD could force huge short covering in market.

Stock Future:

Auro Pharma appearing to be good for short term trading with Stop at 1107 in 30 minutes interval close.. Stock could move towards 1170 – 1235

Good Luck !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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