Congratulations to all the viewers & subscribers of www.bullstrading.blogspot.com for making an enormous profits in short trade of nifty. Nifty gave huge very huge profits last week. From 8510 to 7670 = 840Points in short trade.Our 8500 strike Puts options got multifolds from 67 to 750, a return of 1010%. And this is kind of returns is possible only through Gann system.
As of now, the trend is bearish and the strategy is to sell on every rise...
A close below 7930 could bring more selling pressure on Nifty.
31st August, 3rd Sept, 09th Sept & 23rd Sept are strong pressure dates.
If Nifty spot approaches near 8225 take short trade with stop-loss of only 20points.
Major resistance levels are 8065, 8162, 8208- 8225, 8350, 8434, 8530
Major support levels are 7930, 7891, 7802, 7715, 7650,7590, 7475, 7360.
As of now, the trend is bearish and the strategy is to sell on every rise...
A close below 7930 could bring more selling pressure on Nifty.
31st August, 3rd Sept, 09th Sept & 23rd Sept are strong pressure dates.
If Nifty spot approaches near 8225 take short trade with stop-loss of only 20points.
Major resistance levels are 8065, 8162, 8208- 8225, 8350, 8434, 8530
Major support levels are 7930, 7891, 7802, 7715, 7650,7590, 7475, 7360.
Hey, thanks for the information. your posts are informative and useful.
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