Nifty found resistance exactly @ the Gann level of 8270 and made the weekly high if 8263.
A close above 8270 may drive Nifty towards strong resistance zone of 8335-55, 8410.
I am expecting a good downfall must come in the coming days.
Major resistance levels are 8270, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8201, 8130, 8070, 7970, 7872., 7800-7780, 7715, 7680.
Next important pressure dates are 7th June , 21st June 2016. Pressure dates effect can be +-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.
A close above 8270 may drive Nifty towards strong resistance zone of 8335-55, 8410.
I am expecting a good downfall must come in the coming days.
Major resistance levels are 8270, 8335-55, 8410-8422-8433, 8525, 8617-28, 8655 8710
Major support levels are 8201, 8130, 8070, 7970, 7872., 7800-7780, 7715, 7680.
Next important pressure dates are 7th June , 21st June 2016. Pressure dates effect can be +-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.
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