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Saturday, 31 October 2015

Nifty Spot View ( 02/11/15 - 06/11/15 )

As told very well in advance, Nifty moved on the expected line and corrected exactly from 8329-65 zone .See this Link
This is the accuracy of Gann levels. With the stoploss of only 20 points we are getting 265 points. The Risk-Reward Ratio is more than 1:10.

Well we are very near to an important support zone. From 8070 to 7972-60-37 very very strong support zone. This time only aggressive players start buying Nifty 8000 & 8100 Calls from 8070-7972-60-37 zone with stop-loss @ 7930 on closing basis.
Those who want to play safe can make buy position if Nifty starts trading above 8085. Or make long position near 7972-60 levels with a stoploss of 20 points.
A close below 7925 would be an open invitation to bears and it will open the gates for 7475. 

Major resistance levels are 8141, 8239, 8329-41, 8433
Major support levels are  8070-55, 7970-62-37,  7805, 7715, 7670, 7539, 7475.
2nd Nov. , 5th Nov , 7th Nov & 23nd Nov are the pressure dates for this month. Accuracy of  Pds are + - 1 day.



Monday, 26 October 2015

Nifty Spot View (26/10/15 - 30/10/2015)

Well view remains the same. And Nifty corrected exactly from the given zone of 8329-8365.

Strong resistance levels are  8329,8365, 8435, 8526, 8618, 8711, 8805.
Strong support levels are8251, 8160, 8070-60, 7910,  7849, 7715, 7670, 7539, 7475.

8070-8055 very strong support zone. If this level comes then a buy must be initiated in this zone with stop-loss of only 20 points.



Saturday, 17 October 2015

Nifty Spot View (19/10/2015 - 23/10/15)

Nifty is heading towards a very strong resistance zone of 8329 to 8365. A close above this zone will open up higher gates for Nifty.
Strong resistance levels are 8283, 8329,8365, 8435, 8526, 8618, 8711, 8805.
Strong support levels are 8160, 8060, 7910,  7849, 7715, 7670, 7539, 7475.



Monday, 5 October 2015

Indus Ind Bank Update

IndusInd Bank long was given on 26th August2015 in the zone of 842 or a close above 860,  and today IndusInd Bank achieved its last target of 961. Link for IndusIndBank 26th Aug'"15.
A profit of 120 Points or a profit  of  14.25% in less than 45 days.
Happy Trading!! :-)


Sunday, 4 October 2015

Nifty Spot View (05/10/15 - 09/10/15)


Last week Nifty took support exactly @ the  given zone of 7715-7711 and rallied from there for almost more than 250 Points.
There are many hurdles for Nifty till 8100. Nifty may face strong resistance in the zone of 8055-65-97.
Major resistance levels are 8010, 8055-65-97, 8160, 8253-83, 8330-41, 8434

Major support levels are 7910-02,  7849, 7715, 7670, 7539, 7475.

A close above 8097 may take Nifty towards 8110 & a close above 8115 may take Nifty towards  8253-83 levels.
&
A close below 7711 may take  Nifty towards 7539, 7475.