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.
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.
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| Nifty Spot |
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