In my earlier post I clearly stated that a close below 5435 is dangerous for Nifty. Nifty may find its support at 5155 to 5133 levels.
Suppose Niftyspot goes below 5133 and then it closes above this level of 5133 then a buy must be initiated in Nifty at these levels with stop-loss @ 5125 on closing basis for the targets of 5254, 5381, 5435, 5471. There are multiple supports at 5145 to 5133 levels Gann retacement support, Gann Angle support and Gann SQ9 supports are there.
And,
A close below 5133 may drag nifty further down to 4862 levels .
Suppose Niftyspot goes below 5133 and then it closes above this level of 5133 then a buy must be initiated in Nifty at these levels with stop-loss @ 5125 on closing basis for the targets of 5254, 5381, 5435, 5471. There are multiple supports at 5145 to 5133 levels Gann retacement support, Gann Angle support and Gann SQ9 supports are there.
And,
A close below 5133 may drag nifty further down to 4862 levels .
what a woo move!!!! Nifty moved according to your timely prediction. From 5133 to 5300
ReplyDeleteThanks a lot for your timely guidance.....
Regards:
Raj