Wishing dear readers a very very Happy & a prosperous New year. May the Year 2017 brings a lots of Happiness & Success for all of us.
If our weekly updates on Nifty has helped you in making profits, then the BulllsTrading team requests you to do some donations to the needy ones & try to become SANTA in somebody'life.
The journey of 2016 was full of excitement. We witnessed a massive fall and made an important low of 6825 & from there we witnessed a phenomenal bullish trend which stopped @ 8968. Both @ 6825 & @ 8968 Time & Price got squared with each other. And by the Grace of God we were able to catch most of bottoms & tops of 2016.
As posted in the newsletter of 25th Dec 2016, we very clearly gave the zone of 7916-7896 as a buying zone. Nifty took support @ 7893 and from there we made a high of 8197. Bottom fishing done @ 7896-7916 paid handsome rewards to us & our readers. We got New Year Gifts in the form of 300+ Points.
As we told that a close above 8070 would open the gates for 8130 - 8270 and the same happened. Now the level to look forward is 8270. A close above 8270 will open the gates for next zone of 8335 - 8434.
Major resistance levels are 8251-8270 - 8342 - 8434 - 8510 - 8600 - 8640 - 8738.
Major support levels are 8130- 8110- 7940 - 7893 - 7850 - 7833 - 7715.
Pressure dates for the month of Jan 2017 are : 4th - 13th - 25th & 27th Jan.
If our weekly updates on Nifty has helped you in making profits, then the BulllsTrading team requests you to do some donations to the needy ones & try to become SANTA in somebody'life.
The journey of 2016 was full of excitement. We witnessed a massive fall and made an important low of 6825 & from there we witnessed a phenomenal bullish trend which stopped @ 8968. Both @ 6825 & @ 8968 Time & Price got squared with each other. And by the Grace of God we were able to catch most of bottoms & tops of 2016.
As posted in the newsletter of 25th Dec 2016, we very clearly gave the zone of 7916-7896 as a buying zone. Nifty took support @ 7893 and from there we made a high of 8197. Bottom fishing done @ 7896-7916 paid handsome rewards to us & our readers. We got New Year Gifts in the form of 300+ Points.
As we told that a close above 8070 would open the gates for 8130 - 8270 and the same happened. Now the level to look forward is 8270. A close above 8270 will open the gates for next zone of 8335 - 8434.
Major resistance levels are 8251-8270 - 8342 - 8434 - 8510 - 8600 - 8640 - 8738.
Major support levels are 8130- 8110- 7940 - 7893 - 7850 - 7833 - 7715.
Pressure dates for the month of Jan 2017 are : 4th - 13th - 25th & 27th Jan.
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