Nifty Spot (30-0315 - 03/04/15)

Start making long positions if Nifty spot gives a close above 8440. Stop-loss would be at close below 8420.

Resistance levels are 8410, 8470-8479, 8526, 8618-8627, 8668

Support levels are 8388, 8342,8310, 8262-8251, 8190, 8160, 8070.

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

Nifty Update

Well Well Well !!! PANIC SELL- OFF

This sell-off was well posted in the previous posts. It was clearly stated that a close below 8790 would be an open invitation for BEARS....And now see the result...

Even today Nifty stopped exactly at the level of 8342, which was written well in advance...

This is the simplicity & accuracy of Gann system

From 9119 to 8342 each level was well posted in advance here, a whooping profit of 767 points within one single month... 

This is the dream of every trader to sell @ the "top" and to buy @ the "bottom".... And this kind of accuracy is possible only at www.bullstrading.blogspot.com

Nifty Spot ( 23/03/15 - 27/03/15)

In last weeks Nifty moved on the expected line. Clearly stated in the previous post that a close  below 8790 would be an invitation for bears and it happened.

Support levels are 8468, 8434, 8410 (important support levels). A close below 8410 is good for Bears. More downside levels are 8388, 8342, 8251, 8160, 8070.

Resistance levels are 8670, 8790, 8805, 8851, 8899, 8993, 9088, 9185.

A close above 8859 will put in Nifty in the Neutral zone.

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

Tata Steel

Tata Steel is about to reach an important support zone from 337-323.
Stoploss would be @ close below 322. Targets are 337, 346, 359, 381-387, 401, 415, 451, 501, 579, 594.

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

Nifty Spot view (09/03/15 - 13/03/15)

Last week Nifty moved on the expected line. It made high exactly @ 9119 which was shown on the chart posted on 22 Feb 15. Also it made the exact low of 8849 which also was mentioned in the support levels.
This is the simplicity & beauty of Gann.
For this week if Nifty gives a close below 8795, it would be an invitation for Bears. Start shorting Nifty below the level of 8795, with stoploss @ 8805 on closing basis for the targets of 8751, 8711, 8618-8627, 8526, 8432, 8355, 8235, 8070, 7950.
&
8800 & 8805 is a support zone. Traders with more risk appetite can make long positions near this zone with stoploss @ 8790 on closing basis for the targets of 8851, 8898, 8991, 9062 ,9085, 9119, 9160-9180, 9217.

Previous chart posted on 22nd Feb15

Current Chart

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

NIfty View (02/03/15 - 06/02/15)

View remains same.  8805 is the key level for Nifty.
Targets for bulls are 8851, 8898, 8991, 9062 ,9085, 9180.
Targets for bears are 8751, 8711, 8618-8627, 8526, 8432, 8355, 8235, 8070, 7950.