As posted in my last post SEE HERE, it was clearly said that avoid short and look for long entries near the given levels. Nifty stopped @ 8000 and from Nifty rallied for 600 points which was also posted very well in advance. Not even this Nifty stopped exactly @ 8598.45 and the level given was 8600.
Now again Nifty is approaching near the support zone.
We will try to make longs in the zone of 8000-7960 with SL @ 7935. And if Nifty breaks this level then our next zone for making longs would be from 7890- 7840 with SL @ 7825.
Major support levels are 8002, 7972, 7930, 7896, 7850,7833, 7715
Major resistance levels are 8070, 8115, 8250, 8341, 8433.
Now again Nifty is approaching near the support zone.
We will try to make longs in the zone of 8000-7960 with SL @ 7935. And if Nifty breaks this level then our next zone for making longs would be from 7890- 7840 with SL @ 7825.
Major support levels are 8002, 7972, 7930, 7896, 7850,7833, 7715
Major resistance levels are 8070, 8115, 8250, 8341, 8433.
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| Nifty Spot |
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