Nifty found resistance and reacted exactly in the given zone of 7940-7980 and from there one sided down-sided rally towards 7777-7745-7715-7670 zone. Last month all the pressure dates worked very well. All the dates were published on 03rd April very well in advance See Here...
Last week Nifty took turn from the given support level of 7670 ad the low made was 7678. This is the accuracy of Gann studies
Major support levels are 7715-7670, 7605, 7540-7515, 7453, 7367
Major resistance levels are 7782, 7835, 7890, 7992, 8070.
A close above 7785 is positive for Nifty and we may see 8070, 8300+ levels.
A failure of which, may, drag Nifty toward 7410- 7215 levels.
*Pressure dates are 8th & 10th May. The accuracy of pressure dates is + - 1 day.
Last week Nifty took turn from the given support level of 7670 ad the low made was 7678. This is the accuracy of Gann studies
Major support levels are 7715-7670, 7605, 7540-7515, 7453, 7367
Major resistance levels are 7782, 7835, 7890, 7992, 8070.
A close above 7785 is positive for Nifty and we may see 8070, 8300+ levels.
A failure of which, may, drag Nifty toward 7410- 7215 levels.
*Pressure dates are 8th & 10th May. 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
You can also Follow us on Twitter : https://twitter.com/bullstrading
This post is really very interesting and shares good stock market details. For better earnings from the stock market use proper stock tips, commodity tips so that your risk and returns can be effectively managed.
ReplyDelete