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.
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.
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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.
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A very informative post on nifty updates this is. Using nifty tips, stock tips i always earn good profit on my investment. I always manage my risk and return in an efficient manner by following good trading path.
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