Nifty Spot View ( 22/05/17 - 26/05/17 )

As we have posted on 30th April that a close above 9384 will take Nifty towards 9474-9571 zone and the same happens. See Here 
From 9532-9570 this zone is strong resistance level.

However Bears need to maintain pressure on Bulls by giving a close below 9221. A close below 9221 will open the lower gates.
And Bulls need to give a close above 9570 for the targets of 9610, 9728, 9770.


Major resistance levels are 9506, 9535, 9570, 9610, 9728, 9827.

Major support levels are 9380, 9334-9310, 9273, 9221, 9186,  9075, 9010,8986- 8968.

** 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

 

Nifty Spot View ( 15/05/17 - 19/05/17 )

Last week on 10th May'17 Nifty took support @ 9336 & from there it rewarded with 100+ points.
If correction happens then, Nifty may find support in the zone of 9260 to 9245.
A close below this level will open the doors for further downside.

Major resistance levels are 9474, 9571, 9610
Major support levels are 9336, 9260-9245, 9179, 9075, 9010. 8951.

Nifty Spot View ( 08/05/17 - 12/05/17 )

Nifty moved on the expected line, took correction from the mentioned levels. For further weakness bears must continue to give a close below 9336 and need to maintain pressure on Bulls.

Major resistance levels are 9334-42 , 9474, 9571

Major support levels are  9269, 9179, 9075, 9010. 8951.










** 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