Pre-Open Trading ideas of Nifty Fut

24 Aug 2021 00:00 IST

New Update

BY A STAFF REPORTER

Pre-Open Trading ideas of Nifty Fut for 24.08.2021 last cl 16494

Expected opening further positive & even Gap up but still cautious at higher ends – wait for cooling if open at resistance area – buy on dips.

• Buy above 16545 Tgt 16577-16592, then only major 16610-16633.Cautious hurdle at 16648-16666. Add on dips upto 16500 Sl 16478.

• On the higher ends initial jerk fails to cross 16610-648 range then sell as intraday with Sl of 16673.

• Intraday basis Sell below 16475 Tgt 16444- 16419, then only major 16395-16375.

• Buy on strong dips near 16395-375 range Sl 16340.