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Sunday 2 August 2015

Nifty Spot View (03/08/15 - 07/08/15)

Nifty moved on the expected line and last week Market gave very big moves on the told Pressure dates. 01st August being a non trading day it showed its effect on 31st July.
Nifty took support exactly near to 8315 & last week's low was 8321 which was given well in advance.
And secondly Nifty gave clear chance to go long on 30th July when Nifyy gave a close in the zone of 8418-8434. All those who were long from and 8325,  8418-8434  must be enjoying huge profits. This is the accuracy of Gann system.

For this week 8650-8665 & 8725 are the crucial levels to watch.
Short Nifty near 8650-8665  and 8720-25with 20 points SL .
Major resistance levels are 8526, 8555-61 8618, 8654, 8711-25, 8805.
Major support levels are 8435, 8397, 8332-21, 8297, 8179-60, 8070.

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