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.......