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Sunday 22 May 2016

Nifty Spot View ( 23/05/16 - 27/05/16 )

Nifty behaved on the expected line. It took resistance exactly at the mentioned Gann level and it took support exactly @ the mentioned Gann level. This is the beauty of Gann theories. From 7940 to 7737 pin point high to pin point low.
Major resistance levels are 7794, 7835-50, 7940, 90, 8070.
Major support levels are 7735, 7675, 7604, 7550-20, 7410, 7367.
* Pressure dates are 23rd - 25th & 31st May. The accuracy of pressure dates is + - 1 day.
We may see wild & volatile movements on these 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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