M&M , Bharti Airtel Update

M&M

 

On 9th April I posted the analysis of M&M, at that time it was trading @ 1275. At that time the buying zone given was 1254-1240. Last week on 19th April'17 M&M made the pin-point low of 1253 and  it made the high of 1364.  The profit so far is 100+ points per lot.
You can see the analysis here :

M&M :  

See Here

 

 

 

 

 

 

Bharti Airtel

 

Also last week Bharti Airtel met our target of 362
The levels, charts & analysis was posted on 20thMarch'17 , very well in advance. Bharti Airtel made Pin-point high of 362.....

See the link

Bharti Airtel :
See Here

 

 

One thing I would like to say that :
"Let the trade come to you, Don't run after the trade."
Get your homework ready well in advance.

Happy Trading
BullsTrading

 

 

 

 

 

** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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Nifty Spot View ( 02/05/17- -05/05/17 )

Last week in Nifty our stop-loss got triggered in short trade which we took near 9275.

Nifty is going to complete an important time cycle on Monday.
Nifty may face stiff  resistance in the zone of 9310-9334-42. A close above 9384 may take Nifty towards 9474, 9571,
One may take shorts in Nifty in the zone of 9334-9342 with very strict SL @ 9360 on trading basis.
A close below 9150 may bring more weakness.

Major support levels are 9243, 9169, 9075, 9010 8951.
Major resistance levels are 9310-9334-42 , 9474, 9571.

Nifty Spot





** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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Nifty Spot View ( 24/04/17 - 28/04/17 )

Nifty took support exactly  @ the mentioned level of 9073  See Here  and from there we got 100 points .
The view remains the same. A close below 9010 would open the gates for much lower targets.

The major resistance levels are 9184, 9231, 9278, 9310 - 9334, 9474, 9571.

 Major support levels are 9073, 9010, 8993, 8887, 8805, 8777.

Nifty Spot






** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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Tata Steel Update

Last week Tata Steel moved on the expected line & met our 3rd target of 462. A straight away profit of 40+ points from our given levels.
Tata Steel made the pin point low of 462, the level  was posted very well in advance. See Here

Major resistance levels are 477,485-489, 498
Major support levels are 462, 455, 442. A close below 440 will open the gates for 405 levels.

 

Tata Steel updated Chart

 

 

 

 

 

 

 

 

 

** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

Follow us on Facebook :  https://www.facebook.com/bullstrading

 

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Nifty Spot View ( 17/04/17 - 21/04/17 )

Important zone for Nifty is 9310-9334 on the upside & 9010 on the  downside.

We will take short positions in very thin quantity near 9255-9278 zone with very strict SL @ 9315 on closing basis for the targets of 9148 - 9073 - 9010.
9010 is an important Gann level. A close below 9010 would not be good for Bulls.

Major resistance levels are 9255-9278, 9310 - 9334, 9474, 9571.
Major support levels are 9146,  9073, 9010, 8941, 8887, 8805, 8777.

Nifty Spot

** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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M & M

M&M is about to approach an important zone of 1254-1240. Multiple supports are there in this zone.
This counter is a must buy if this counter reaches this zone with strict SL @ 1235.
Targets for longs are 1254, 1287, 1314, 1360, 1430.


A close below 1235 may take this counter towards 1210-1200, 1184-77, 1140. SL for shorts is 1241.

M&M (Cash)

 

** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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Nifty Spot View ( 10/04/17 - 14/04/17 )

Only a close below 9010 would be an open invitation for Bears, till then every dip is a buy.
The first pressure date of April also worked fantastically.
The next major & important zone of level to watch is 9310-9334.

Major resistance levels are 9310 - 9334, 9474, 9571.
Major support levels are 9185,  9073, 9010, 8941, 8887, 8805, 8777.

Nifty Spot







** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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Reliance Indutries Update

Reliance Industries also did a marvelous job. A close above 1345 was enough for its upward journey.
Also, RIL made the high of 1448 and the level given was 1445. All the levels were posted well in advance.

I hope that all readers & subscribers must have made bumper profits in Nifty , RIL & Tata Steel.

If you are getting benefited from our analysis then please share our page with your friends, colleagues,  our team @ Bullstrading would be thankful to you for doing that.


 

Tata Steel Update

Tata Steel moved on the expected line and as it was indicated well in advance that if Tata Steel doesn't able to sustain the level of 509  then it would be a good shorting candidate. On Friday ( 02/04/17) it made a high of 506.35 and from there it slipped towards our first target of 489 ( made a low of 490).
Those who made short positions with us on Friday are enjoying good profits. Now trail the trade with same SL and carry forward the trade for  further targets.

 

Tata Steel

Tata Steel is about to approach an important juncture of 509.5. This counter may face resistance @ this level. If TataSteel is not able to sustain at the level of 509 then its a short candidate with SL @ 512 for the targets of, 489, 474, 462, 455,442. And a close below 440 will drag this counter towards 405

If TataSteel gives a close above 511,  then this  counter may move towards 529, 542, 552, 582.For longs the SL would be @ 505.

Tata Steel

Nifty Spot View ( 03/04/17 - 07/04/17 )

Wish all the viewers & subscribers a very Happy & Prosperous New Financial Year 2017. May the financial year 2017 be your best and most profitable year ever.


Well dear friends , as the level of 9010 was posted very well in advance, Nifty respected this level and made the weekly low of 9024 and from there Nifty met our first target of 9160-75. Not only this Nifty gave a weekly close @ 9173. This is the accuracy of Gann levels .
There is no change in levels. Bears will get more active if they are able to give a close below 9010. Till then every dip is a buy.

Major resistance levels are ,9160-75, 9231, 9310, 9366-84, 9474.

Major support levels are  9105, 9060, 9010, 8941, 8887, 8805, 8777.

* Pressure dates for the month of April are 3rd , 17th & 21st April 2017.There could be a error of      + - 1 day.





** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

Follow us on Facebook :  https://www.facebook.com/bullstrading

 

You can also Follow us on Twitter  :  https://twitter.com/bullstrading