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MTECHTIPS NIFTY FUT intraday trading analysis 01-09-2015

MTECHTIPS NIFTY FUT intraday trading analysis 01-09-2015

MTECHTIPS Nifty Sep future today closed at 8001 with loss of 22 points. In intraday nifty future hit high around 8068 while low was at 7961. Total 105 points intraday swing and closed with loss on profit booking ahead of GDP numbers. Not much change was seen on open interest. Nifty 8200 call options writing was seen in intraday. Here expect high volatility which will subside with time. But overall strategy will remain keep buy and accumulate view above 7800 level.

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