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Sunday 29 January 2017

Nifty Spot View ( 30/01/17 - 03/02/17 )

It was very clearly posted that a close above 8470 will open the upper gates. From 8470 to 8650 a whooooping profit of 180 points.
Next week on 01st Feb budge is coming so this session is going to be very volatile. Trade with extra caution & very strict stop-losses.
Nifty is approaching an important resistance zone which is from 8650 - 8710 - 8738. If this zone comes then we will make short positions with very strict SLs.
Major resistance levels are : 8650-8710-8738-8860-8968.
Major support levels are     : 8560. 8413,  8306, 8270,  8177, 8160,  8070-8052.
From 30th Jan to 7th Feb there are lot of strong pressure dates.

** The  below chart is sent to me by my best student Sunil K

Nifty Spot





 
 

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