Pre-Open Trading ideas of Nifty Fut for 28.07.2021

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Expected opening either mute or slight positive but question of stability after opening amid negative Asian markets cues.

•    Trading range 15777 - 15730

•    Initial Resistance 15791 & major 15824-851.

•    So initially any surging fails to cross 15791 even after crossing 15777 < whipsaw area > then sell at higher ends stop 15880 trail by 15860.

•    But any initial dips able to hold 15730-700 then try to buy on dips with tight stop of 15660.

•    50dma 15670 – as long as holds ok but otherwise if decisively breaks then fresh sell as break down Tgt 15600/588.

Source : Eureka

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