We are very near to our target of 8805-8835.
Start making short positions in the zone of 8805-8835-8850 with stop-loss @ 8860 on closing basis.
This zone must show resistance....
Major resistance levels are 8899, 8993, 9088, 9180, 9199
Major support levels are 8758, 8711, 8618, 8552- 8573, 8525, 8433
And continue start making long positions if Nifty spot gives a close above 8860 with stop-loss @ 8830 on closing basis for the targets of 8899, 8970, 8993, 9088, 9180, 9199.
Start making short positions in the zone of 8805-8835-8850 with stop-loss @ 8860 on closing basis.
This zone must show resistance....
Major resistance levels are 8899, 8993, 9088, 9180, 9199
Major support levels are 8758, 8711, 8618, 8552- 8573, 8525, 8433
And continue start making long positions if Nifty spot gives a close above 8860 with stop-loss @ 8830 on closing basis for the targets of 8899, 8970, 8993, 9088, 9180, 9199.
**Analysis given with mandatory disclosure given on site on 07/12/2014.
Please read it before taking any trading decisions.......
Please read it before taking any trading decisions.......
Nifty Spot stopped exactly @ the mentioned level of 8834.... This is the beauty of Gann levels.
ReplyDeleteI hope you all enjoyed the shorting call given in advance....
ReplyDeleteNifty spot made low of 8722
This Information is really good and informative. Thanks for it.
ReplyDeleteWABCO India
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