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.
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.
No comments:
Post a Comment