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.
Follow us on Facebook : https://www.facebook.com/bullstrading
You can also Follow us on Twitter : https://twitter.com/bullstrading
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
These charts are really helpful for traders to analyze and draw useful conclusion on stock market.Learn detailed updates by following epic research.
ReplyDelete