Nifty update

This is the accuracy of Gann system.
Nifty welcomed Bears when it got closed below 8790. Our March Put options  gave us more than 30% return within 2days. Those who shorted Nifty must have covered @ 8711, now must trail their trade with trailing stop-loss @ 8810 on closing basis.
* 8660-8666 may act as a strong support. Break of 8660 may lead the  downfall towards further downside targets given in previous post.

Nifty View (23/02/15 - 27/02/15)

This week is going to be very volatile as budget week is around the corner.
Go long near 8800-8805 with stoploss @ 8795 on closing basis. Targets for bulls are 8851, 8898, 8991, 9062 ,9085, 9180.
&
Go short if Nifty Spot gives a close below 8790 with stoplss @ 8805 on closing basis. Targets for bears are 8751, 8711, 8618-8627, 8526, 8432, 8355, 8235, 8070, 7950.

Also there is -ve WW forming in Nifty where 9114-9164-9180 can act as a very strong resistance zone.
How & when to take short trade @ higher levels with targets and stoploss will be provided to our paid clients.
 

**Analysis given with mandatory disclosure given on site on 07/12/2014.
Please read it before taking any trading decisions.......

Rel Infra

When all the so called expert technical analysts are saying only negative things about Reliance Pack.
Reliance Infra is going to come in the Gann angle support zone.So , I recommend to buy this script.
Buy RelInfra in the zone of 387-376 zone. Stoploss would be at close below 375. Targets are 386, 397, 416, 437, 453- 458, 470, 521, 547. Please see the attached chart.

**Analysis given with mandatory disclosure given on site on 07/12/2014.
Please read it before taking any trading decisions.......

Nifty Spot (09/02/15 - 13/02/15)

Well Well Well!!!! Nifty moved in the desired direction as predicted in advance in my earlier post.
This month is going to be very very volatile.
Major support levels are 8645, 8626-8617, 8525, 8478, 8435
Major resistance levels are 8726,8762- 8774, 8805, 8852-8866.

**Analysis given with mandatory disclosure given on site on 07/12/2014.
Please read it before taking any trading decisions.......