NIFTY: What's NEXT ? Spot & FUT important Levels for 7th Aug '17
NIFTY FUTURE: "Perfect Bullish Engulfing" Though in Case of NIFTY Spot it is 15 point in Upper side (i.e Close is 16 point Lower than Open of 03/08/2017) Little Bit Confusion. One of the reason, Announcement of Stake Sell from GOI (through "ETF" root) Boosts sentiment.
What's NEXT for 07th Aug 2017 ?
Trend: UP with some sluggishness in Up-level.
Strong Level Between : 10093 to 10110
What are the possibilities? #1. Long legged Doji / PIN. #2. Hanging Man #3. Another Bull candle with Big body
Trade Setup for FnO Traders on 07th Aug 2017:
LONG if Stay Above @ 10125 for 15 Min / Crossed @ 10134.
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