Pre-open Trading ideas of Nifty Fut for 17.08.2021

For Nifty Fut last cl 16559​In case Bullish move :-
Buy on dips near 16555 to 535 < needs to hold > for initial tgt 16590.
For more bullish move add more after stable crossing above 16590 for the extended basis intraday Tgs of 16611—16640 & major 16666. Very major 16730-755.
For Buy on dips Sl should be maintained below 16499 & for break out buying Sl trailed at 16535.

Cautious stance should be maintained at higher ends – if any rally fails to cross 16640-16666 range even after crossing 16611/620 levels then intraday basis sell with Sl 16710.

Source : Eureka

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