Well last Nifty moved on the expected line & Bulls got a very low risk entry at 8510 level which I was posting since 2nd Oct.
Nifty gave more than 200+ points from 8510 & Nifty stopped very near to the level of 8737 ( high made 8727). This is the accuracy if Gann theories.
This week Nifty is going to complete an important & a major time cycle. From 28th October to 5th November. We may see wild movements during this time range.
View remains the same. A close above 8737 will open the gates for next zone of 8860, 8795, 8831, 8952, 9010.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8795, 8624, 8682, 8710, 8759-61, 8831, 8952.
Only a close below 8510 will open the lower gates for Nifty.
Nifty gave more than 200+ points from 8510 & Nifty stopped very near to the level of 8737 ( high made 8727). This is the accuracy if Gann theories.
This week Nifty is going to complete an important & a major time cycle. From 28th October to 5th November. We may see wild movements during this time range.
View remains the same. A close above 8737 will open the gates for next zone of 8860, 8795, 8831, 8952, 9010.
Major support levels are 8653, 8616, 8579, 8506, 8447-34, 8387, 8341, 8250, 8159, 8070.
Major resistance levels are 8795, 8624, 8682, 8710, 8759-61, 8831, 8952.
Only a close below 8510 will open the lower gates for Nifty.
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