Nifty Spot view ( 29/6/15 - 03/07/15)

View remains same. If Nifty comes in the zone of 8434 then short sell Nifty with 20 points SL,   otherwise short in the zone of 8530-8560-8570 with stoploss @ 8592 on closing basis.
Major resistance levels are 8434, 8480, 8530, 8560-70, 8618, 8711, 8805
Major support levels are 8338, 8262-50, 8180, 8101, 8160, 8065

Nifty Spot View 22/05/15 - 26/05/15

Fantastic pullback from the told level of 7960-50 levels. Hope you all must have enjoyed the good profits.
View remains the same.
Short on rise.
Major support levels are 8185, 8065, 7960-50, 7710, 7590
Major resistance levels are  8280. 8335, 8440, 8560-70, 8750

Nifty Spot View 15/06/15 - 19/06/15

Nifty is moving on the expected line. Nifty has broken all its major supports and now doors for downside are open.
Sell on rise...
Major resistance levels are 8065, 8161,  8241, 8306, 8420-8434 (Strong resistance zone), 8490, 8560-70(Stronger resistance zone).

Major support levels are 7880, 7800-7785(an important support level), 7715, 7627, 7590.

It would be early to say but a close below 7710 may take Nifty more down towards 7366 to 7112 odd levels. This is what charts are saying..... Let's see whats has been stored for us in the near future....
16th June is a pressure date. (+ - 1day).

**Analysis given with mandatory disclosure given on site on 07/12/2014.

  Please read it before taking any trading decisions.......

Happy B'Day Nifty Futures

Happy BirthDay Nifty Futures!!!
You have been my bread &  butter for the last 10 years :-)

Nifty Update

Nifty moved on the expected line and Crashed. More than 600 points are in the pocket till date in this month. Short on every rise. In coming days we may see 7785,7715 levels.
I hope you all must be enjoying this fall.
Happy Trading!!!

SBIN Update

Look at the beauty of Gann system. How beautifully SBIN gave respect to the Gann levels. Just before results of SBIN , when all the so called TV experts and analysts were bullish in this counter only here at bullstrading , we were recommending to take short trade in this counter.
A straight cut one sided fall from 296 to 253, a whooping profit of 43 Points ( i.e. profit of  1250 x 43 =  Rs.53750 per lot)
Start making long position in the zone 250-240 with stoploss @ ????
Stop-loss level and targets will be sent to our clients through SMS/ Email.

Current Chart

Chart posted on 17th May2015

**Analysis given with mandatory disclosure given on site on 07/12/2014.

  Please read it before taking any trading decisions.......

Nifty Spot View (08/06/15 - 12/06/15)

Nifty is moving on the expected line. Last week Nifty took support very near to the Gann level of 8070.

Major resistance levels  are  8200, 8279, 8335, 8434,8470-8490-8500 (Strong Resistance zone)  , 8560-8570 (Stronger resistance zone)

Major support levels are 8070-8065, 7980-7960 (an important support),  7891, 7802, 7715.

Nifty will face strong resistance in the zone of 8560-8570

Nifty may face strong support near 8070-56 and 7980-7960. 

**Analysis given with mandatory disclosure given on site on 07/12/2014.

  Please read it before taking any trading decisions.......