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 |
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