Nifty Spot View ( 31/07/17 - 04/08/17 )

As stated in the last newsletter that 9965 level was an important level. On 24th , 25th & 26th July Nifty took support exactly at this level, and from there it met our target of 10060 - 10100.

Major resistance levels are 10060, 10100 , 10200, 10370.
Major support levels are 9967-53, 9893, 9781, 9670, 9551, 9448.

Nifty Spot View ( 24/07/17 - 28/07/17 )

The journey from 9710 to 9900+ is done. Now to move ahead we need a close above 9967. A  close above 9967 will open the doors for 10060 - 10100, 10200, 10370.

To move downward we need a close  below 9830. 

Major resistance levels are 9967, 10060, 10100 , 10200, 10370.
Major support levels are 9830, 9768, 9688-9668, 9551, 9448.

Update M&M, Dhampur Sugar, RelCap

On 18th June we posted the trade for 3 counters M&M, Dhampur Sugar & RelCap. Out of 3 stocks in Reliamce Capital our stop-loss  got triggered.

Here is the :   LINK
M&M made the pinpoint low of 1343 and from there it met our 3rd targte & it gave us 50 points within a week.
Dhampur Sugar too took  turn from our mentioned levls and met our 5th target with pin point high of 204.

We would like to convey thanks to our clients, subscribers & reader for having faith in us.

Thanks
BullsTrading

NIfty Spot View ( 10/07/17 - 14/07/17 )

Three highs  9709 - 9698 - 9700 Nifty making triple top. It's time to get cautious, if, in this we did not give a close above 9727, then,  we can witness a downward journey towards 9448. A close below 9448 would be an invitation for Bears to attack aggressively.

Levels to watch are 9680-9700-9727.

Major resistance levels are 9678-9727, 9770, 9867, 9967

Major support levels are 9610, 9574, 9510, 9448, 9310, 9250, 9184.

** 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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