By a Staff Reporter: Pre-open Trading Ideas of Nifty Fut for 13.08.2021 last cl 16358
• Initial support 16337/325 & 16307/290 & Initial Hurdle 16389-419.
• Expected opening mild weak amid Reddish Asia cues.
• In case opening slight weak but holds 16350-325 then buy & add upto 16307/287 With Sl 16256
• More strength above 16380/390 then Tgt 16404/419. But sudden volatility possible at higher ends so intra basis cautious. If fails to cross 16404 -16419 & even upto 16444 then sell SL 16470.
• Break down Sell Below 16227 Tgt 16157 Sl 16287.
Source : Eureka