Nifty View 16-20 May 2016
Nifty Future considers resistance at 7940
If breaks & closes above this level then a rally is expected upto 8005 & 8080 level
Although Chances are very remote!!
Suppose if comes higher level then can sell and hold with Stop of 7940!!
Nifty Future consider support at 7775
Once if starts trading below 7775 then more selling pressure will be expected
Down side supports are at 7685 & 7533
