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.

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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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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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.

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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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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

** 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.

 

Follow us on Facebook :  https://www.facebook.com/bullstrading
You can also Follow us on Twitter  :  https://twitter.com/bullstrading