Dalal street winners nifty future outlook for 22 June 2016
Nifty future today closed at 8221 with loss. Nifty future price trend and momentum both are still bullish. After lasts session gain we saw some profit booking. For tomorrow, nifty future above 8170 remain bullish and buy. On upside traders can expect 8265 and 8300 as intraday target zones. Daily closing below 8170 means bearish tone for market with price targets 8100-8080 and 8040 on downside.
Nifty future traders can buy nifty around 8170 levels for intraday with stop loss for targets 8265 and 8300.
Nifty option traders can buy nifty 8300 call options on decline for expiry.