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