Nifty update

This is the accuracy of Gann levels.
"Plan your trade and Trade your plan."
Our plan of action which I posted in my last post worked absolutely perfect pin-point. See today's low of Nifty, pin-point 6825 and this level was given here very well in advance. A profit of 230+ points from the mentioned levels. For further weakness a close below 6800 is needed, till then thete is no need to worry.

Major resistance levels are 7059, 7155, 7198, 7250, 7283, 7370,
Major support levels are 6960, 6900, 6889, 6869, 6835-25, 6780, 6698, 6666, 6616, 6535, 6455, 6374

Bank @ Support

All he major banks are @ important & major supports.
Bank NIfty, SBIN, ICICI Bank.
As this week Union Budget is going to  announce , so it would be better to trade with caution, Because a close below these major supports may drag banks & markets to much lower levels.

BankNifty  Spot

SBIN

ICICI BANK

Nifty Spot View ( 29/02/16 - 04/03/16)

Last week Nifty took resistance exactly @ 7234-40 levels and met upto 3rd support/target level of 6988. A whooping profit of 240+ points with stop-loss of only 10 points. The risk reward ratio of 1:24.
This week because of Union Budget we may see speedy up & down swings.
Unless & until Nifty does not gives a close below 6800 there is nothing to worry. If Nifty approaches in the zone of 6870-6825, then our plan of action is to buy Nifty in this zone with stop-loss @  close below 6800.
A close below 6800 will open much lower gates for Nifty & we may see 6666-50, 6360 levels in the near future.
29th to 5th March pressure time zone
Major resistance levels are 7059, 7155, 7198, 7250, 7283, 7370,
Major support levels are 6960, 6900, 6889, 6869, 6835-25, 6780, 6698, 6666, 6616, 6535, 6455, 6374

Nifty Spot Chart

Nifty Spot Update

This is the beauty of Gann system. As told very well in advance that in this week we may see wild movements, and from Monday Nifty was not able to cross the first resistance level of 7234-40 (See Here) and we see a huge selloff from the highs and also Nifty found support and got closed near the Gann level of 7107. A gain of more than 110+ points with a stop-loss of only 10 points. The Risk-Reward ratio is 1:11
It won't be an easy job for Nifty to break 6870-6800 zone but if Nifty gives a close below 6790 then we may witness much lower levels in Nifty. The doors for more downside will get open and we may see 6650, 6360 levels.
Major resistance levels are 7234-40, 7347-67, 7452-63, 7520, 7602-18, 7715
Major support levels are 7107, 7047, 6988, 6930, 6875, 6835-25.  

Nifty Spot View (22/02/16 - 26/02/16)

Last week Nifty moved on the expected line. We are very near to pressure time zone. From 25th Feb to 5th March important time cycles are going to complete so we may see wild movements from this week. Also expiry & budget is near, so all are indicating wild movements.

Major resistance levels are 7234-40, 7347-67, 7452-63, 7520, 7602-18, 7715
Major support levels are 7107, 7047, 6988, 6930, 6875, 6835-25.

Nifty Update

This is the accuracy of Gann theories. Most of the times it will make you buy @ the bottom or to sell @ the top.
Nifty gave more than 290+ points within 2 trading sessions from our given level. What else a trader needs??  Our futures have given us 290+ points & our 6900 CE options have given us almost 150% returns within 2 trading sessions.
Next major support levels are 7112, 7025, 6910, 6874, 6835-25, 6695, 6638
Major resistance levels are 7234, 7357-66,7452, 7525, 7602-05.

Mirror Image Nifty Spot

 

Nifty Spot View (15/02/16 - 19/02/16)

    Last week Nifty moved on the expected line and took support very near to the mentioned level of 7860 (showed in the charts) See Here. This kind of accuracy is possible only through Gann theories. Also we saw an intraday movement of 150+ points from the mentioned levels.  Astrologically + technically we have cluster of supports  from the zone of 6910-6825. ( See the below charts. 

Also last week Nifty has completed an important time cycle which got completed from 10th to 12thFeb. So we must see upside till 7600 levels.

Major support levels are 6910, 6874, 6835-25, 6785, 6695, 6638, 

Major resistance levels are 7027, 7112, 7234, 7357-66, 7452, 7525, 7602-05( Very Strong resistance lvl).

 Those who have made long positions with us  @ 6870-80 range can book profits @ every level given in the resistance zone.

 * All levels are of Spot.

18th & 20th Feb 2016  are next important dates.

Gann Angle Chart

Astro Chart

Gann Wheel Chart

 

 

 

Nifty update

10th & 11th Feb showed their full pressure. Market moved on the expected line. I posted in the month of December that a close below 7470 may drag Nifty toward 6835-25 levels. And seewe are very near to our targets   .See Here

Now what next????
What are the next resistance levels?? Where Nifty may take support ?? What are the target levels??
For all this  subscribe  to our newsletter. You can mail us  infobullstrading@yahoo.com

Nifty Spot View (08/02/16 - 12.02/16)

A close above 7610 may take Nifty towards 7715-7780 levels. Nifty may find resistance around these levels.

Major resistance levels are 7610, 7715, 7788, 7803, 7890, 7980, 8070.
Major support levels are 7517, 7420-03, 7366, 7281, 7241.

10th Feb is a strong pressure date.