Pre-open Trading ideas of Nifty fut

BY A STAFF REPORTER

Pre-open Trading ideas of Nifty fut for 16.08.2021

Last cl 16517
Expected opening initially jerk weak amid negative Asia cues & geo-political tension in Afghanistan.
Asia stocks stumble as China data disappoint. Traders should not consider initial 15 minutes volatility.
After 1st weak opening and some stability any pull back fails to cross 16505-16535 then sell with stop of 16585. 1st Tgt 16477-70. Chances of initial fall halt there but if further breaches then more sell Tgt 16455/44 & major 16429/413.

Source : Eureka

https://kyc.eurekasecurities.net/home/index/729​

https://kyc.eurekasecurities.net/home/index/729​

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