Wednesday 28 December 2016
Nifty update
Sunday 25 December 2016
Nifty Spot View ( 26/12/16 - 30/12/16 )
Wish all the readers a very very Merry Christmas!!!
As we approaching the last trading week of 2016. I hope that the levels posted in the weekly newsletter must have helped in your trading in 2016.
Last Year's open was at 7938 Bulls will try their level best to give a close above this level.
As posted in the last week's newsletter Nifty tried to find support in the zone of 7940-7916.
From 7940-7916 to 7896 it's an important support zone. There are multiple supports in this zone. Nifty must hold this support zone. Bulls need to hold 7919-7890 levels to give a strong upwards rally. And a close below 7890 will open the gates for the speedy targets of 7850-7710-7570.
Major resistance levels are 8052- 8110-30 - 8255-8255-8270 - 8342 - 8434-8442 - 8510 - 8600 - 8640.
Major support levels are 7940 - 7916 - 7896, 7850,7833, 7715.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
As we approaching the last trading week of 2016. I hope that the levels posted in the weekly newsletter must have helped in your trading in 2016.
Last Year's open was at 7938 Bulls will try their level best to give a close above this level.
As posted in the last week's newsletter Nifty tried to find support in the zone of 7940-7916.
From 7940-7916 to 7896 it's an important support zone. There are multiple supports in this zone. Nifty must hold this support zone. Bulls need to hold 7919-7890 levels to give a strong upwards rally. And a close below 7890 will open the gates for the speedy targets of 7850-7710-7570.
Major resistance levels are 8052- 8110-30 - 8255-8255-8270 - 8342 - 8434-8442 - 8510 - 8600 - 8640.
Major support levels are 7940 - 7916 - 7896, 7850,7833, 7715.
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| Nifty Spot |
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Monday 19 December 2016
Nifty Spot View ( 19/12/16 - 23/12/16)f
Nifty respected the levels of 8270 on the upper side & 8070 on downside. Nifty is rangebound in the zone of 8270-8070. A close above or below this range will open the gates for next zone.
On 20th Dec price & time may get squared with each other and we may witness a one sided movement. Levels to watch for supports are 8070-8049.
Nifty made a n inside bar on weekly charts. So, the view remains the same.
On a broader view the major worries will begin only & only if Nifty spot gives a close below 7910.
Till then every correction is a buy.
Major resistance levels are 8255-8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Major support levels are , 8130, 8070, 7916, 7896, 7850,7833, 7715.
On 20th Dec price & time may get squared with each other and we may witness a one sided movement. Levels to watch for supports are 8070-8049.
Nifty made a n inside bar on weekly charts. So, the view remains the same.
On a broader view the major worries will begin only & only if Nifty spot gives a close below 7910.
Till then every correction is a buy.
Major resistance levels are 8255-8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Major support levels are , 8130, 8070, 7916, 7896, 7850,7833, 7715.
Sunday 4 December 2016
Nifty Spot View ( 05/12/16 - 09/12/16 )
Last week Nifty moved on the expected line. The pressure date showed its effect on 1st Dec and made the high of 8250 on this date.
On Monday, Nifty took support exactly at the level of 8070 & made the high very near to our level of 8255. All the levels were mentioned here very well in advance.
Nifty met our second target on the long side as well as second target on the short side.
This week due to RBI policy we may see very volatile movements. There are possibilities that Nifty may revisit 7900 levels again. Once again we are approaching the support zone.
7917-7897-7850-7833 are very strong & important levels to consider.
A close below 8027 may take Nifty toward 7917-7833 zone.
Major resistance levels are 8255-8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Major support levels are 8070, 7916, 7896, 7850,7833, 7715.
On Monday, Nifty took support exactly at the level of 8070 & made the high very near to our level of 8255. All the levels were mentioned here very well in advance.
Nifty met our second target on the long side as well as second target on the short side.
This week due to RBI policy we may see very volatile movements. There are possibilities that Nifty may revisit 7900 levels again. Once again we are approaching the support zone.
7917-7897-7850-7833 are very strong & important levels to consider.
A close below 8027 may take Nifty toward 7917-7833 zone.
Major resistance levels are 8255-8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Next pressure dates are 5th Dec- 20th & 29th Dec.( The effect of PDs can be seen in + - day).
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Sunday 27 November 2016
Nifty Spot View ( 28/11/16 - 02/12/16 )
Last week after triggering our stop-loss in longs @ 7935 Nifty made the low of 7916 & our target of 7896 was missed by just 20 points & again we got entry in our longs @ 7940 & 7972.
As expected Nifty moved on the expected line and we got good points from this run up. Not even this, on Friday Nifty stopped exactly @ 8115, the level which was mentioned a week in advance in the resistance levels zone.See here
Now, Nifty may go upto 8255-8270 zone.
Major resistance levels are 8130-43, 8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Major support levels are 8070, 7916, 7896, 7850,7833, 7715.
Next pressure date are 30th Nov. & 5thDec. ( The effect of PDs can be seen in + - day).
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
As expected Nifty moved on the expected line and we got good points from this run up. Not even this, on Friday Nifty stopped exactly @ 8115, the level which was mentioned a week in advance in the resistance levels zone.See here
Now, Nifty may go upto 8255-8270 zone.
Major resistance levels are 8130-43, 8255-8270, 8342, 8434-8442, 8510, 8600, 8640.
Major support levels are 8070, 7916, 7896, 7850,7833, 7715.
Next pressure date are 30th Nov. & 5thDec. ( The effect of PDs can be seen in + - day).
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Sunday 20 November 2016
Nifty Spot View ( 21/11/16 - 25/11/16)
As posted in my last post SEE HERE, it was clearly said that avoid short and look for long entries near the given levels. Nifty stopped @ 8000 and from Nifty rallied for 600 points which was also posted very well in advance. Not even this Nifty stopped exactly @ 8598.45 and the level given was 8600.
Now again Nifty is approaching near the support zone.
We will try to make longs in the zone of 8000-7960 with SL @ 7935. And if Nifty breaks this level then our next zone for making longs would be from 7890- 7840 with SL @ 7825.
Major support levels are 8002, 7972, 7930, 7896, 7850,7833, 7715
Major resistance levels are 8070, 8115, 8250, 8341, 8433.
Now again Nifty is approaching near the support zone.
We will try to make longs in the zone of 8000-7960 with SL @ 7935. And if Nifty breaks this level then our next zone for making longs would be from 7890- 7840 with SL @ 7825.
Major support levels are 8002, 7972, 7930, 7896, 7850,7833, 7715
Major resistance levels are 8070, 8115, 8250, 8341, 8433.
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| Nifty Spot |
Sunday 6 November 2016
Nifty Spot View ( 07/11/16 - 11/11/16)
Nifty respected the level of 8737 which was Posted very well in advance and Nifty achieved its target of 8434.And not even this Nifty gave a weekly close exactly @ Gann level of 8434.
On Thursday ( 03rdNov2016) Nifty gave a significant close below 8510 and as it was posted that a close below 8510 will open the doors for downwards, and the very next day Nifty rewarded us with 100+ points in short side.
We are heading towards an important & major support zone and we may witness a very sharp rally of around 500-600 points. As in the coming week US Election are awaiting, so it would be better to trade less with very very strict SLs. I would not recommend any new shorts, rather look for support zone to make fresh positional longs.
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Major support levels are 8365-8330,8294- 8273-8255, 8128, 8070.
Major resistance levels are 8504, 8600, 8710-8737, 8831, 8952.
BankNifty may take support in the zone of 18950-18820.
On Thursday ( 03rdNov2016) Nifty gave a significant close below 8510 and as it was posted that a close below 8510 will open the doors for downwards, and the very next day Nifty rewarded us with 100+ points in short side.
We are heading towards an important & major support zone and we may witness a very sharp rally of around 500-600 points. As in the coming week US Election are awaiting, so it would be better to trade less with very very strict SLs. I would not recommend any new shorts, rather look for support zone to make fresh positional longs.
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Major support levels are 8365-8330,8294- 8273-8255, 8128, 8070.
Major resistance levels are 8504, 8600, 8710-8737, 8831, 8952.
BankNifty may take support in the zone of 18950-18820.
Monday 31 October 2016
Nifty Spot View ( 01/11/16 - 04/11/16 )
As conveyed in my Last post, that a close above 8737 will open the gates for upper levels, and Nifty did made the exact high of 8736.95 and slipped from there to 8550. So, last week we made 200+ points from the longs near 8510 & then almost 150+ points from short near 8737. And this is what Gann said that "Plan your trade & Trade your plan". At bullstrading we are trying our level best to follow the principles laid by W D Gann.
View remains the same.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8653, 8682, 8710-8737, 8805, 8869, 8952.
View remains the same.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8653, 8682, 8710-8737, 8805, 8869, 8952.
Sunday 23 October 2016
Nifty Spot View (24/10/16 -28/10/16 )
Well last Nifty moved on the expected line & Bulls got a very low risk entry at 8510 level which I was posting since 2nd Oct.
Nifty gave more than 200+ points from 8510 & Nifty stopped very near to the level of 8737 ( high made 8727). This is the accuracy if Gann theories.
This week Nifty is going to complete an important & a major time cycle. From 28th October to 5th November. We may see wild movements during this time range.
View remains the same. A close above 8737 will open the gates for next zone of 8860, 8795, 8831, 8952, 9010.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8795, 8624, 8682, 8710, 8759-61, 8831, 8952.
Only a close below 8510 will open the lower gates for Nifty.
Nifty gave more than 200+ points from 8510 & Nifty stopped very near to the level of 8737 ( high made 8727). This is the accuracy if Gann theories.
This week Nifty is going to complete an important & a major time cycle. From 28th October to 5th November. We may see wild movements during this time range.
View remains the same. A close above 8737 will open the gates for next zone of 8860, 8795, 8831, 8952, 9010.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8795, 8624, 8682, 8710, 8759-61, 8831, 8952.
Only a close below 8510 will open the lower gates for Nifty.
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| Nifty Spot
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Tuesday 18 October 2016
Nifty Update
Do I need to say anything about Gann studies???
Nifty took U-turn from the mentioned level which was posted very well in advance. From 8510 to 8685 straight away 175 points. Not only this Nifty stopped exactly at the level of 8685 which was also mentioned in the last post. SEE HERE
Here is the updated chart:
Now a close above 8710-8737 may take Nifty towards next zone of 8860, 8795, 8831, 8952, 9010, 9119.
Nifty took U-turn from the mentioned level which was posted very well in advance. From 8510 to 8685 straight away 175 points. Not only this Nifty stopped exactly at the level of 8685 which was also mentioned in the last post. SEE HERE
Here is the updated chart:
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| Nifty Old Chart |
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| Nifty Updated Chart |
Sunday 16 October 2016
Nifty Spot View ( 17/10/16 - 21/10/16 )
View remains the same. As indicated in my last post from 8560 to 8510 remains the buy zone. And a close below 8510 will open the lower gates.
Major support levels are 8555,8531,8510, 8447-34, 8387, 8341, 8250, 8159, 8070, 7897.
Major resistance levels are 8624, 8683, 8710, 8755-61, 8795, 8831, 8952, 9010, 9119.
Major support levels are 8555,8531,8510, 8447-34, 8387, 8341, 8250, 8159, 8070, 7897.
Major resistance levels are 8624, 8683, 8710, 8755-61, 8795, 8831, 8952, 9010, 9119.
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| Nifty Spot |
Sunday 9 October 2016
Nifty Spot View ( 10/10/16 - 14/10/16 )
Nifty moved on the expected line after time -price squaring and gave 200+ points from 8571 to 8800.
On weekly charts Nifty formed an inside bar and a close below 8510 would open the doors for downside. From 8560 - 8510 its a buy zone.
In the same way, a close above 8952 will open the gates for upside.
Major support levels are 8651, 8555,8531,8510, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8795, 8624, 8682, 8710, 8759-61, 8831, 8952, 9010, 9119.
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| Nifty Spot |
Sunday 2 October 2016
Nifty Spot View ( 03/10/2016 - 07/10/2016 )
Dear friends thank you for your wishes. Due to some health issues I was not able to update the blog.
On Friday ( 30/09/16) in Nifty time & price got squared with each other. From 8571-8543 was an important support zone and Nifty actually did took support in this zone.
A close below 8510 will open the lower gates for Nifty.
Major support levels are 8571,8531,8510, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8624, 8682, 8710, 8759-61, 8831, 8952, 9010, 9119.
On Friday ( 30/09/16) in Nifty time & price got squared with each other. From 8571-8543 was an important support zone and Nifty actually did took support in this zone.
A close below 8510 will open the lower gates for Nifty.
Major support levels are 8571,8531,8510, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8624, 8682, 8710, 8759-61, 8831, 8952, 9010, 9119.
Nifty Spot
Sunday 21 August 2016
Nifty Spot View ( 22/08/16 - 26/08/16 )
The view remains the same. To go further high Nifty must give a close above 8740-8751 zone.
A short trade must be initiated in the zone of 8720-8750 with SL @ 8770 on closing basis.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 27/28th Aug. Important & major time cycle is going to complete on these dates + astrologically these dates are important.
* the impact of pressure dates are + - 1 day can be seen.
A short trade must be initiated in the zone of 8720-8750 with SL @ 8770 on closing basis.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 27/28th Aug. Important & major time cycle is going to complete on these dates + astrologically these dates are important.
* the impact of pressure dates are + - 1 day can be seen.
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| Nifty Spot |
Monday 15 August 2016
Nifty Spot View ( 16/08/16 - 19/08/16 )
Wish you all a very Happy Independence Day.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
Nifty Spot View ( 16/08/16 - 19/08/16 )
Wish you all a very Happy Independence Day.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
Nifty Spot View ( 16/08/16 - 19/08/16 )
Wish you all a very Happy Independence Day.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
Sunday 24 July 2016
Nifty Spot view ( 25/07/16 - 29/07/16 )
As posted in my last post that Nifty may face stiff resistance in the zone of 8600-8635-50 and Nifty actually did found resistance near the first level. And Bears got almost 100+ points.
The view remains the same as this week Nifty made an inside bar.
To go above Nifty must give a close above 8650. Else we may see a good correction.
The major resistance levels are 8578, 8600-8620-8635-8650, 8710, 8804
The major support levels are 8476, 8400, 8372, 8260-8227-8216, 8070, 8005.
For BankNifty 19150-19300 strong resistance zone.
1st & 3rd Aug are important dates.
The view remains the same as this week Nifty made an inside bar.
To go above Nifty must give a close above 8650. Else we may see a good correction.
The major resistance levels are 8578, 8600-8620-8635-8650, 8710, 8804
The major support levels are 8476, 8400, 8372, 8260-8227-8216, 8070, 8005.
For BankNifty 19150-19300 strong resistance zone.
1st & 3rd Aug are important dates.
Sunday 17 July 2016
Nifty Spot View ( 18/07/16 - 22/07/16 )
As indicated in last post that a close above 8410-50 may open the upside targets of 8600+ level.
Nifty is approaching the strong resistance zone from 8600-8634-8650. Nifty may face stiff resistance in this zone. A close above 8650 may take Nifty to higher levels of 8805 levels.
Major resistance levels are 8600, 8619, 8635-8650, 8710, 8804.
Major support levels are 8509, 8405, 8372, 8270,8149, 8100, 8069.
Nifty is approaching the strong resistance zone from 8600-8634-8650. Nifty may face stiff resistance in this zone. A close above 8650 may take Nifty to higher levels of 8805 levels.
Major resistance levels are 8600, 8619, 8635-8650, 8710, 8804.
Major support levels are 8509, 8405, 8372, 8270,8149, 8100, 8069.
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| Nifty Spot ** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Sunday 10 July 2016
Nifty Spot View ( 11/07/16 - 15/07/16 )
Last week Nifty found resistance exactly at the given zone and corrected 100 points from there. We are very near to the change of orbit Gann number. A close above 8450 will open higher gates for Nifty and we may see 8650 levels soon. So, we need to be very cautious near the orbit number.
Major resistance levels are 8410-8450, 8510, 8573, 8628, 8710, 8804.
Major support levels are 8355, 8270, 8165, 8070-60, 7930, 7846, 7802, 7715.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
Major resistance levels are 8410-8450, 8510, 8573, 8628, 8710, 8804.
Major support levels are 8355, 8270, 8165, 8070-60, 7930, 7846, 7802, 7715.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Sunday 3 July 2016
Nifty Spot View ( 04/07/16 - 08/17/16 )
Nifty moved on the expected line and made a pin-point weekly high of 8355, the level which I was writing in bold letters since 29th MAy16 See Here.
On Monday i.e, on 4th July time & price are going to get squared with each other. So does the trend will get change this time ??? Let's see what the Market has stored for us in the coming week.
Major resistance levels are 8355, 8410, 8450, 8573, 8628, 8710, 8804
Major support levels are 8270, 8165, 8070-60, 7930, 7846, 7802, 7715.
In the month of Jul we have 4 important & strong pressures coming .
The pressure dates have been mailed to the registered clients.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
On Monday i.e, on 4th July time & price are going to get squared with each other. So does the trend will get change this time ??? Let's see what the Market has stored for us in the coming week.
Major resistance levels are 8355, 8410, 8450, 8573, 8628, 8710, 8804
Major support levels are 8270, 8165, 8070-60, 7930, 7846, 7802, 7715.
In the month of Jul we have 4 important & strong pressures coming .
The pressure dates have been mailed to the registered clients.
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| Nifty Spot |
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Saturday 25 June 2016
Nifty Spot View ( 27/06/16 - 01/07/16 )
Well friends & dear subscribers do I need to say anything about this massive fall. Nifty reacted from the level which was mentioned well in advance. On 5th June very clearly I wrote that a good downfall must come very soon and Nifty behaved in the same manner. This is the accuracy of Gann studies. See Here
Not even this from 8270 to 8070, then from 8070 to 8270 and then again from 8270 to 7970 Nifty gave 200+200+300 = 700 points within this range. And the best thing is that all the levels were posted here well in advance.
Now what next???
Major resistance levels are 8070-60, 8138, 8224, 8296, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8070-60, 8111, 7990-72, 7920-7906, 7845-7810, 7780, 7715, 7680, 7561.
A close below 7920 may drag Nifty further downwards.
& a close above 8300 may take Nifty in the next strong resistance zone of 8350-8450.
Next pressure date is 29th June & 8th July. The accuracy of pressure dates is + - 1 day.
Not even this from 8270 to 8070, then from 8070 to 8270 and then again from 8270 to 7970 Nifty gave 200+200+300 = 700 points within this range. And the best thing is that all the levels were posted here well in advance.
Now what next???
Major resistance levels are 8070-60, 8138, 8224, 8296, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8070-60, 8111, 7990-72, 7920-7906, 7845-7810, 7780, 7715, 7680, 7561.
A close below 7920 may drag Nifty further downwards.
& a close above 8300 may take Nifty in the next strong resistance zone of 8350-8450.
Next pressure date is 29th June & 8th July. The accuracy of pressure dates is + - 1 day.
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| Nifty Spot |
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Saturday 18 June 2016
Nifty Spot View ( 20/06/16 - 24/06/16)
As posted in last post Nifty found resistance exactly @ the Gann level of 8270. Nifty wasn't able to give a significant close above 8270 and we witnessed a correction from 8270 to 8070. Nifty took support exactly at the Gann level of 8070-60 which was also posted very well in advance. SEE HERE
Just have a look at the chart below and see the beauty of Gann theories. We have posted the levels on 5th May and Nifty respected & took support @ Gann levels on 14th May , it took support exactly at the mentioned Gann level.
Next major resistance levels are 8199, 8296, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8138, 8070-60, 8005, 7990-72, 7872., 7800-7780, 7715, 7680.
A close below 8050 may drag Nifty towards next important support zone of 8000-7970.
Next important date is 21st June. The accuracy of pressure dates is + - 1 day.
We may see wild & volatile movements on these dates.
Just have a look at the chart below and see the beauty of Gann theories. We have posted the levels on 5th May and Nifty respected & took support @ Gann levels on 14th May , it took support exactly at the mentioned Gann level.
Next major resistance levels are 8199, 8296, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8138, 8070-60, 8005, 7990-72, 7872., 7800-7780, 7715, 7680.
A close below 8050 may drag Nifty towards next important support zone of 8000-7970.
Next important date is 21st June. The accuracy of pressure dates is + - 1 day.
We may see wild & volatile movements on these dates.
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Sunday 5 June 2016
Nifty Spot View ( 06/06/16 - 10/06/16 )
Nifty found resistance exactly @ the Gann level of 8270 and made the weekly high if 8263.
A close above 8270 may drive Nifty towards strong resistance zone of 8335-55, 8410.
I am expecting a good downfall must come in the coming days.
Major resistance levels are 8270, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8201, 8130, 8070, 7970, 7872., 7800-7780, 7715, 7680.
Next important pressure dates are 7th June , 21st June 2016. Pressure dates effect can be +-1 day.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
A close above 8270 may drive Nifty towards strong resistance zone of 8335-55, 8410.
I am expecting a good downfall must come in the coming days.
Major resistance levels are 8270, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8201, 8130, 8070, 7970, 7872., 7800-7780, 7715, 7680.
Next important pressure dates are 7th June , 21st June 2016. Pressure dates effect can be +-1 day.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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You can also Follow us on Twitter : https://twitter.com/bullstradingSunday 29 May 2016
Nifty Spot View ( 30/05/16 - 03/06/16)
Well friends I hope that all our readers were able to sit in the right train. Nifty took support exactly @ the Gann level of 7715 which we gave on 15th May [ Nifty Spot View ( 16/05/16 - 20/05/16) ]. So this is power & accuracy of Gann studies. Gann studies will never allow you to sit in the wrong trade. Nifty rallied from 7715 to 8160 :- A profit of 445 points within only 3 consecutive trading days. Also the pressure dates worked perfectly which also were shared here very well in advance [Pressure dates].
Now we may see 8335-8355-8410 levels in coming weeks.
Major resistance levels are 8160, 8270, 8341-55, 8410-8422-8433, 8525, 8617-28, 8655 8710,
Major support levels are 8002, 7992, 7940, 7840, 7735-17, 7675, 7604.
Now we may see 8335-8355-8410 levels in coming weeks.
Major resistance levels are 8160, 8270, 8341-55, 8410-8422-8433, 8525, 8617-28, 8655 8710,
Major support levels are 8002, 7992, 7940, 7840, 7735-17, 7675, 7604.
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| Nifty Spot Chart |
Sunday 22 May 2016
Nifty Spot View ( 23/05/16 - 27/05/16 )
Nifty behaved on the expected line. It took resistance exactly at the mentioned Gann level and it took support exactly @ the mentioned Gann level. This is the beauty of Gann theories. From 7940 to 7737 pin point high to pin point low.
Major resistance levels are 7794, 7835-50, 7940, 90, 8070.
Major support levels are 7735, 7675, 7604, 7550-20, 7410, 7367.
* Pressure dates are 23rd - 25th & 31st May. The accuracy of pressure dates is + - 1 day.
We may see wild & volatile movements on these dates.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
Major resistance levels are 7794, 7835-50, 7940, 90, 8070.
Major support levels are 7735, 7675, 7604, 7550-20, 7410, 7367.
* Pressure dates are 23rd - 25th & 31st May. The accuracy of pressure dates is + - 1 day.
We may see wild & volatile movements on these dates.
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| Nifty Spot |
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Sunday 15 May 2016
Nifty Spot View ( 16/05/16 - 20/05/16 )
As discussed in our last post, Nifty reacted on the dates mentioned.
To remain bullish Nifty needs to give a close above 7850. And a close below 7670 may drag Nifty towards 7550-7500 zone.
Major resistance levels are 7835-50, 7924, 7990, 8070
Major support levels are 7777, 7737, 7717, 7700, 7676, 7604, 7550-20, 7410
Next pressure dates are 21/22, 25th & 31st May.
* All levels are of Spot.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
To remain bullish Nifty needs to give a close above 7850. And a close below 7670 may drag Nifty towards 7550-7500 zone.
Major resistance levels are 7835-50, 7924, 7990, 8070
Major support levels are 7777, 7737, 7717, 7700, 7676, 7604, 7550-20, 7410
Next pressure dates are 21/22, 25th & 31st May.
* All levels are of Spot.
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| Nifty Spot |
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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You can also Follow us on Twitter : https://twitter.com/bullstradingSunday 8 May 2016
Nifty Spot View ( 09/05/16 - 13/05/16 )
Nifty found resistance and reacted exactly in the given zone of 7940-7980 and from there one sided down-sided rally towards 7777-7745-7715-7670 zone. Last month all the pressure dates worked very well. All the dates were published on 03rd April very well in advance See Here...
Last week Nifty took turn from the given support level of 7670 ad the low made was 7678. This is the accuracy of Gann studies
Major support levels are 7715-7670, 7605, 7540-7515, 7453, 7367
Major resistance levels are 7782, 7835, 7890, 7992, 8070.
A close above 7785 is positive for Nifty and we may see 8070, 8300+ levels.
A failure of which, may, drag Nifty toward 7410- 7215 levels.
*Pressure dates are 8th & 10th May. The accuracy of pressure dates is + - 1 day.
Last week Nifty took turn from the given support level of 7670 ad the low made was 7678. This is the accuracy of Gann studies
Major support levels are 7715-7670, 7605, 7540-7515, 7453, 7367
Major resistance levels are 7782, 7835, 7890, 7992, 8070.
A close above 7785 is positive for Nifty and we may see 8070, 8300+ levels.
A failure of which, may, drag Nifty toward 7410- 7215 levels.
*Pressure dates are 8th & 10th May. The accuracy of pressure dates is + - 1 day.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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You can also Follow us on Twitter : https://twitter.com/bullstrading
Sunday 24 April 2016
Nifty Spot View ( 25/04/16 - 29/04/16 )
Well last week Nifty found resistance exactly at the mentioned level of 7940,7972-7980. And Nifty made a high of 7978.45 SEE HERE.
And the best thing is that we & our clients were very well prepared for this level. Not only this our clients who shorted with us in the zone of 7940-7980 got 110+ points as reward. Now trail the trade with stoploss @ cost.
Major resistance levels are 7910, 7940,7972-7980, 8070, 8144, 8160, 8250, 8336-41, 8435.
Major support levels are 7840-7820, 7777, 7747, 7715, 7670, 7504, 7590-7568.
A close below 7715 may open doors for 7560-7550 levels.
* All levels are of Spot.
27th/28th very strong pressure dates.
And the best thing is that we & our clients were very well prepared for this level. Not only this our clients who shorted with us in the zone of 7940-7980 got 110+ points as reward. Now trail the trade with stoploss @ cost.
Major resistance levels are 7910, 7940,7972-7980, 8070, 8144, 8160, 8250, 8336-41, 8435.
Major support levels are 7840-7820, 7777, 7747, 7715, 7670, 7504, 7590-7568.
A close below 7715 may open doors for 7560-7550 levels.
* All levels are of Spot.
27th/28th very strong pressure dates.
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Nifty Spot ** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Sunday 17 April 2016
Nifty Spot View (18/04/16 - 22/04/16)
We all witnessed full pressure on Nifty last week and we have mentioned the pressure dates very well in advance See Here. Nifty gave a very low risk buy entry on 11thApril itself and we & our clients have made a windfall profit of 300+points within 3 trading days.
Now Nifty is approaching towards an important & strong resistance zone from 7940-7980, as Nifty is going to complete 50% of its range from 9119 - 6825.
Will Nifty be able to give a close above this zone????
This week Time is going to get squared ... Will the Price also get squared this week??
If this week Time & Price gets squared with each other then we may witness a change in trend. 17/18th April are pressure dates.
A close above 8000 may open the higher gates for 8336-41 levels.
Our plan of action has been mailed to our registered clients.
Major resistance levels are 7910, 7940,7972-7980, 8070, 8144, 8160, 8250, 8336-41, 8435.
Major support levels are 7805, 7777, 7671, 7589, 7515, 7460-35, 7367.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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Now Nifty is approaching towards an important & strong resistance zone from 7940-7980, as Nifty is going to complete 50% of its range from 9119 - 6825.
Will Nifty be able to give a close above this zone????
This week Time is going to get squared ... Will the Price also get squared this week??
If this week Time & Price gets squared with each other then we may witness a change in trend. 17/18th April are pressure dates.
A close above 8000 may open the higher gates for 8336-41 levels.
Our plan of action has been mailed to our registered clients.
Major resistance levels are 7910, 7940,7972-7980, 8070, 8144, 8160, 8250, 8336-41, 8435.
Major support levels are 7805, 7777, 7671, 7589, 7515, 7460-35, 7367.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
You can also Follow us on Twitter : https://twitter.com/bullstrading
Sunday 10 April 2016
Nifty Spot View (11/04/16 - 13/04/16)
Last week Nifty found resistance exactly in the zone of 7780-7790 and from there one way down towards our third target.
We will be having only 3 trading days this week with 12th April as a strong pressure date.
7625-7650 would act as a strong resistance zone. And 7460-7435 would act as a strong support zone.
A close below 7425 may take Nifty towards 7305.
Major resistance levels are 7580-90, 7630-60, 7715, 7780-90, 7803-20, 7891, 7980, 8070.
Major support levels are 7460-35, 7367, 7302, 7281, 7142, 7196, 7111, 7027.
* All levels are of Spot.
We will be having only 3 trading days this week with 12th April as a strong pressure date.
7625-7650 would act as a strong resistance zone. And 7460-7435 would act as a strong support zone.
A close below 7425 may take Nifty towards 7305.
Major resistance levels are 7580-90, 7630-60, 7715, 7780-90, 7803-20, 7891, 7980, 8070.
Major support levels are 7460-35, 7367, 7302, 7281, 7142, 7196, 7111, 7027.
* All levels are of Spot.
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| Nifty Spot ** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog. You can also Follow us on Twitter : https://twitter.com/bullstrading |
Sunday 3 April 2016
Nifty Spot View (04/04/16 - 08/04/16)
Last week Nifty moved on the expected line. Nifty gave long opportunities in the zone of 7620-7600 and met our first target. And we all witnessed the pressure on 28th March which was posted in advance.
Nifty major resistance levels are 7715, 7780-90, 7803-13, 7891, 7980, 8070.
Nifty major support levels are 7715, 7647, 7590-80, 7455, 7367, 7302.
7803-7820 zone would act as an important resistance zone. A close above 7840 may take nifty towards next major resistance zone which is at 7970-80.
Next pressure dates for the month of April are 6th, 12th 17/18 April & 27/28th April 2016.
In this month major time cycles are going to complete, so, we can expect a month full of wild movements.
* The accuracy of pressure dates is + - 1 day.
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Nifty major resistance levels are 7715, 7780-90, 7803-13, 7891, 7980, 8070.
Nifty major support levels are 7715, 7647, 7590-80, 7455, 7367, 7302.
7803-7820 zone would act as an important resistance zone. A close above 7840 may take nifty towards next major resistance zone which is at 7970-80.
Next pressure dates for the month of April are 6th, 12th 17/18 April & 27/28th April 2016.
In this month major time cycles are going to complete, so, we can expect a month full of wild movements.
* The accuracy of pressure dates is + - 1 day.
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
You can also Follow us on Twitter : https://twitter.com/bullstrading
Wednesday 30 March 2016
Summary of Indexes & Stocks given for buy in Feb2016
Here is a summary of the stocks & indexes which were given for making longs in the month of Feb very well in advance..... Here is the Link
Nifty, Bank Nifty, SBIN, ICICI Bank, Century Ply, LT, Tata Steel, Hindalco, LICHsgFin, DHFL, ACC, Bharat Forging.
Among them some of the Indexes & stocks were also shared on the blog and all the above mentioned stocks & Indexes were given to our registered clients.
Congratulations to all the valued readers & subscribers for making huge profits within a period of one month.
And a warm thank you to all the valued readers as well as subscribers for putting your faith on us.
We believe in delivering Quality and not in Quantity, that is why, our list is small but returns are "HUGE"
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Sunday 27 March 2016
Nifty Spot View (28/03/16 - 01/04/16)
A clear indication was given that a close above 7640 may take Nifty towards 7715-7740 and see the accuracy of Gann theories that Nifty took resistance exactly @ the mentioned level zone and stopped exactly @ 7715.
28th March is an important pressure date.
Plan of action is : We will buy Nifty if it approaches 7620-7600 zone with stop-loss @ 7585.
A close below 7585 may take Nifty towards 7540, 7427, 7277.
If Nifty approaches 7820-7830 zone then we will make short position with stop-loss @ 7845. If Stop-loss triggers, again we will make short position @ 7970-80with stop-loss @ 8000.
Major resistance levels are7787, 7829, 7891, 7972-80, 8070, 8114, 8160, 8250, 8341-65
Major support levels are 7640-20, 7589, 7540, 7427, 7367, 7277, 7126.
28th March is an important pressure date.
Plan of action is : We will buy Nifty if it approaches 7620-7600 zone with stop-loss @ 7585.
A close below 7585 may take Nifty towards 7540, 7427, 7277.
If Nifty approaches 7820-7830 zone then we will make short position with stop-loss @ 7845. If Stop-loss triggers, again we will make short position @ 7970-80with stop-loss @ 8000.
Major resistance levels are7787, 7829, 7891, 7972-80, 8070, 8114, 8160, 8250, 8341-65
Major support levels are 7640-20, 7589, 7540, 7427, 7367, 7277, 7126.
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| Nifty Spot |
Sunday 20 March 2016
Nifty Spot View (21/03/16 - 25/03/16)
Last week Nifty took resistance @ the first level of 7585-7589 and then from there met our first target of 7455-22 zone. A gain of 160 points.
From 7625-7635 strong resistance zone.
A close above 7640 may take Nifty towards 7715-7740, 7804, 7892, 7981, 8045-8070.
Major resistance levels are 7669,, 7708, 7787,
Major support levels are 7515, 7450, 7398, , 7367-7351, 7219.
Gann pressure dates are 21-22 & 28 March.
From 7625-7635 strong resistance zone.
A close above 7640 may take Nifty towards 7715-7740, 7804, 7892, 7981, 8045-8070.
Major resistance levels are 7669,, 7708, 7787,
Major support levels are 7515, 7450, 7398, , 7367-7351, 7219.
Gann pressure dates are 21-22 & 28 March.
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| Nifty Spot |
Sunday 13 March 2016
Nifty Spot View (14/03/16 - 18/03/16)
Last week Nifty was unable to give a close above 7550-7589-7600-7625 zone and corrected from the first resistance level of 7550. Those who shorted with us @ 7540-50 have gained more than 100+ points twice.
The view remains the same. To move upward Nifty must ave to give a close above 7625. A close above 7625 and we may see 8300+ very soon....
Our trade plan still remains the same. Sell Nifty @ 7550 with SL @ 7560 on trading basis.
If stop-loss triggers then again sell @ 7590-7600-7625 zone with strict stop-loss @ 7640 on trading basis.
Buy Nifty if 7279-7252 zone comes, with stop-loss @ 7240 on trading basis.
Next level to make buy is 7186 with Stop-loss @ 7170 on trading basis.
Major resistance levels are 7550, 7589-91, 7600-7625, 7685 7777-7787, 7804, 7972,
Major support levels are 7445-22, 7369, 7306 , 7283, 7186, 7113, 7065 6980, 6825.
* All levels are of Spot
I ma receiving many mails regarding that has Nifty made its bottom or not? From our calculations the Nifty has made its bottom and now the plan of action is to buy on every dips. If Nifty breaks 6800 significantly then we will change our plan of action. Till then every dip is a buy....
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