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Dalal street winners nifty future weekly report for 13 to 17 march 2017
Dalal street winners free weekly nifty future tipsNifty future this week closed with gain at 8954. This week nifty future stuck in 100 points band but closed with gains. Nifty future hit 9000 target but now looking overbought on daily and weekly charts and likely to correct towards major support of 8830. Traders keep sell on rise view on nifty future in next week and expect minimum corrective target of 8830 on downside.
Daily closing below 8830 mean fresh downtrend start and lower targets of 8640 and then 8370.
Above 8830, outlook and trend is bullish and target still at 9100 and 9300 but as prices overbought correction still due for the market.
Option traders keep buy and accumulate view on decline in nifty 8800 put options for jackpot gains.
From long term view, nifty future is near top of 9095 and might correct towards 7965 in longer terms.
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