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Monday, 31 October 2016

Nifty Spot View ( 01/11/16 - 04/11/16 )

As conveyed in my Last post, that a close above 8737 will open the gates for upper levels, and Nifty did made the exact high of 8736.95 and slipped from there to 8550. So, last week we made 200+ points from the longs near 8510 & then almost 150+ points from short near 8737. And this is what Gann said that "Plan your trade & Trade your plan". At bullstrading we are trying our level best to follow the principles laid by W D Gann.
View remains the same.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are  8653, 8682, 8710-8737, 8805, 8869, 8952.


 

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