Nifty Spot View ( 21/12/15 - 25/12/15 )

Last week Nifty took support @ 7550. And our stop-loss triggered for short trade @ 7715.
And Nifty found resistance @ 7825-36 level.
The scenario is sell on rise.
Take short trade if Nifty approaches 7836-50 levels with stoploss @ 7865 on closing basis. There are supports @ 7737-7710 zone.
A close below 7700 may drag Nifty towards 7550-7475 zone, and a close below 7470 we may see 6835-25 levels in the near future, but for that we need a close below 7470.
Major resistance levels are 7836-50, 7926, 7979, 8065
Major support levels are 7737, 7715-10, 7627, 7540-50, 7475, 7367.
Get ready for an action packed week,as this week 2 major time cycles are going to complete and 1 anniversary date is there so expect week full of volatility & panic moves can be seen.
21-24th Dec these dates were also published in my previous posts.

Nifty Spot Chart

Nifty Spot View ( 14/12/15 - 18/12/15 )

Nifty moved on the expected line and gave very huge windfall profits to our subscribers & clients. From 7921-37 to 7575 a profit of 340 points. It was clearly stated in the last post that a close below 7680 is not good for Bulls, and the result is in front of you.
Major resistance levels are 7690,7710-15, 7777, 7825, 7979, 8065-70
Major support levels are 7539, 7475, 7365, 7281,  7221, 7196, 7111, 7027, 6835-25
Now a close below 7470 may bring more strong selling pressure. A close below 7470 may drag Nifty towards 6835-25 levels.
Take action whatever comes first:
Buy when Nifty comes around 7475 with stop-loss @ 7455. Targets are 7540, 7643, 7727, 7825.
17th, 20th to 24th pressure dates zone.
Else
Short Nifty around 7710-15 levels with stop-loss @ 7735. Targets are 7690, 7590,7540, 7475, 7365.

Nifty Spot View (07/12/15 - 11/12/15)

Now this is the accuracy of Gann levels. Nifty was not able to give a close above our stop-loss level of 7960. 
All those who have shorted Nifty in the zone of 7921-37 must be enjoying very good profits. With a stop-loss of only 20 points today (as on today's closing) we are getting a reward of 170 points. A risk-reward of 1:8. The levels of 7921-37 was given on 22nd Nov. and see after 7 trading days Nifty respected Gann levels.
Nifty is heading towards an important support zone of 7715-7690. A close below 7680 would be an open invitation for Bears.

Major resistance levels are 7821, 7921, 7980, 8025, 8060, 81300-65.
Major support levels are 7715, 7690, 7539, 7475, 7367.
20th - 24th Dec very very important & strong pressure dates zone for the month of December.