LICHSGFIN

Lichsgfin is about to approach an important support zone. Also some important time cycles are going to get complete in this counter. Keep an eye on this counter in the zone of 590 to 577 with SL @ 574 on closing basis. Targets for upside are 589, 601, 613, 625, 639.

And, any close below 575 would open much lower targets of 500.

LicHsgFin

Nifty Update

It was very well published in our last post that markets may face volatile movements from 24th to 28th Oct, and same has happened.

Here is the LINK

On Monday Nifty took support very near to our level of 10110 and from 10110 to 10340 we got wind-fall profits by the grace of God. Again today Nifty stopped very near to the level of 10370. The zone of 10270 to 10370 is not an ordinary zone.

Let's see what has been stored for us in the coming days of this important week.

Happy Trading 😀

Nifty SPOT View ( 23/10/17 - 27/10/17 )

In our last newsletter we have clearly posted that a only close above 10140 will open the gates for 10225 and same happened. There is a cluster of levels in the zone of 10270-10370, so this zone may give trouble to Nifty.

Major support levels are 10110, 10063, 9969, 9875, 9808, 9760, 9610.
Major resistance levels are 10225, 10370, 10421.

Pressure dates are 24th to 28th Oct'17. Some major & important time cycles are going to get complete in this coming week, so mkt may face volatile movements during this week.

A close below 9685 will not be favorable for Bulls, and it may open much lower gates for Nifty.