Nifty Spot view ( 25/07/16 - 29/07/16 )

As posted in my last post that Nifty may face stiff resistance in the zone of 8600-8635-50 and Nifty actually did found resistance near the first level. And Bears got almost 100+ points.
The view remains the same as this week Nifty made an inside bar.
To go above Nifty must give a close above 8650. Else we may see a good correction.
The major resistance levels are 8578, 8600-8620-8635-8650, 8710, 8804
The major support levels are 8476, 8400, 8372, 8260-8227-8216, 8070, 8005.

For BankNifty 19150-19300 strong resistance zone.

1st & 3rd Aug are important dates.

 

Nifty Spot View ( 18/07/16 - 22/07/16 )

As indicated in last post that a close above 8410-50 may open the upside targets of 8600+ level.
Nifty is approaching the strong resistance zone from 8600-8634-8650. Nifty may face stiff resistance in this zone. A close above 8650 may take Nifty to higher levels of 8805 levels.

Major resistance levels are  8600, 8619, 8635-8650, 8710, 8804.
Major support levels are 8509, 8405, 8372, 8270,8149, 8100,  8069.

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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Nifty Spot View ( 11/07/16 - 15/07/16 )

Last week Nifty found  resistance exactly at the given zone  and corrected 100 points from there. We are very  near to the change of orbit Gann number. A close above 8450 will open higher gates for Nifty and we may see 8650 levels soon.  So, we need to be very  cautious near the orbit number.


Major resistance levels are   8410-8450, 8510,  8573, 8628, 8710, 8804.
Major support levels are 8355,  8270, 8165, 8070-60, 7930, 7846, 7802, 7715.




























** 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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Nifty Spot View ( 04/07/16 - 08/17/16 )

Nifty moved on the expected line and made a pin-point weekly high of 8355, the level  which I was writing in bold letters since 29th MAy16 See Here.
On Monday i.e, on 4th July time & price are going to get squared with each other. So does the trend will get change this time ??? Let's see what the Market has stored for us in the coming week.
Major resistance levels are 8355, 8410, 8450, 8573, 8628, 8710, 8804
Major support levels are 8270, 8165, 8070-60, 7930, 7846, 7802, 7715.
In the month of Jul we have 4 important & strong pressures coming .
The pressure dates have been mailed to the registered clients.




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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