Last week Nifty traded in a very narrow range.
On Friday, Nifty found support near 9620 and from there met our target of 9670.
As mentioned in the resistance zone, Nifty faced resistance near to Gann level of 9725. A close above 9725 will make Nifty to move for further higher levels of 9867, 9967.
Major resistance levels are 9670, 9725, 9770, 9867, 9967.
Major support levels are 9610, 9510, 9482-74, 9341, 9250, 9184.
From 9583-9510 is an support important zone
On Friday, Nifty found support near 9620 and from there met our target of 9670.
As mentioned in the resistance zone, Nifty faced resistance near to Gann level of 9725. A close above 9725 will make Nifty to move for further higher levels of 9867, 9967.
Major resistance levels are 9670, 9725, 9770, 9867, 9967.
Major support levels are 9610, 9510, 9482-74, 9341, 9250, 9184.
From 9583-9510 is an support important zone
A close below 9510 would bring pressure on Bulls.
Pressure date for the month of June are 12th, 16th, 21st , 25th & 29th. ( + - 1 day error)
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| 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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