It was clearly written in the last post in bold letters that if Nifty Spot gives a close below 8420 then add more shorts and see how beautifully Nifty spot fell from that level & took support very very near to the Gann level of 8270. This is the power of Gann levels..
In our fresh shorts we bagged in profit of another 120 points.
Major support levels are 8270-8251, 8198-8185(an important support zone), 8160, 8080-8070
Major resistance levels are 8342, 8388, 8433, 8463-8479,, 8555-8559, 8618, 8653, 8711, 8805, 8845.
When to go long in Nifty??? OR When to add on more Shorts???
What action at which level has to be taken will be intimated to our clients through SMS & email separately.
Happy Trading!!!
In our fresh shorts we bagged in profit of another 120 points.
Major support levels are 8270-8251, 8198-8185(an important support zone), 8160, 8080-8070
Major resistance levels are 8342, 8388, 8433, 8463-8479,, 8555-8559, 8618, 8653, 8711, 8805, 8845.
When to go long in Nifty??? OR When to add on more Shorts???
What action at which level has to be taken will be intimated to our clients through SMS & email separately.
Happy Trading!!!
**Analysis given with mandatory disclosure given on site on 07/12/2014.
Please read it before taking any trading decisions.......
This Information is really good and informative. Thanks for it.
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Huhtamaki PPL