Nifty is roaming in the range of 8400 to 8700.
Buy Nifty near 8418-8435 with Stoploss @ 8405. Targets for longs are 8560, 8655-70, 8725, 8805
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Short Nifty in the zone of 8655-8670 with Stoploss @ 8700. Targets for shorts are 8560, 8485, 8434, 8345 , 8315.
Major resistance levels are 8560, 8617, 8670, 8725
Major support levels are 8561, 8493, 8434, 8419, 8345, 8315, 8298.
27th July & 01st August are important pressure dates. (+ - 1 day.) Nifty is going to complete an important cycle on 27th July.
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