I hope all the followers of this blog must have make huge profits by shorting Nifty @ the top 8835. When Nifty spot was making high our May 8700 Puts were trading @ 90 and today it closed @ 256... A return of 250+%...In total till date we have earned 771 points(both in longs & in shorts) and still more to count... Wow. This is the power of Gann system...
We have booked partially @ 8434 and still holding rest positions with trailing stop-loss @ 8601.
Start to add more short positions if Nifty Spot gives a close below 8420 with stop-loss @ 8440 on closing basis.
Major support levels are 8433, 8388, 8342, 8270-8251, 8160, 8070
Major resistance levels are 8525, 8556-8550, 8653, 8701, 8805, 8845
We have booked partially @ 8434 and still holding rest positions with trailing stop-loss @ 8601.
Start to add more short positions if Nifty Spot gives a close below 8420 with stop-loss @ 8440 on closing basis.
Major support levels are 8433, 8388, 8342, 8270-8251, 8160, 8070
Major resistance levels are 8525, 8556-8550, 8653, 8701, 8805, 8845
This Information is really good and informative. Thanks for it.
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