Pre-open Trading ideas of Nifty Fut for 11.08.2021. Last cl 16277

​BY A STAFF REPORTER: 

Market is likely to open higher above 16300 but still cautious at higher.

•    Initial Buy above 16282 & mainly above 16296 Tgt 16312 & 16333/354.

•    On dips buying :- Down side 16240-215 support area – as long as holds buy on dips with tight Sl

              16180.

Strategies are same like yesterday. Cautious at higher if fails to cross above 16333 & extended cases upto 16354/375 then sell on rally with stop of 16431 trail by 16400.

•    Break down Sell Below 16180 Tgt 16166 - 16133 and then 16113. Sl 16256

Source : Eureka

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