Nifty Spot View ( 22/08/16 - 26/08/16 )

The view remains the same. To go further high Nifty must give a close above 8740-8751 zone.
A short trade must be initiated in the zone of 8720-8750 with SL @ 8770 on closing basis.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are  27/28th Aug. Important & major time cycle is going to complete on these dates + astrologically these dates are important.
* the impact of pressure dates are + - 1 day can be seen.

Nifty Spot

 

Nifty Spot View ( 16/08/16 - 19/08/16 )

Wish you all a very Happy Independence Day.

As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a  close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.

Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.

Nifty Spot View ( 16/08/16 - 19/08/16 )

Wish you all a very Happy Independence Day.

As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a  close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.

Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.

Nifty Spot View ( 16/08/16 - 19/08/16 )

Wish you all a very Happy Independence Day.

As posted in my last post 1st Aug was a pressure date and till date Nifty is not able to give a  close above the high made (8711) on 1st Aug and this level was also posted in the resistance zone, and from 8711 we have got more than 150+ points twice.. This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740 for the targets of 8790-8805-8855.

Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.