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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.

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