Gann View 16-20 May 2016
As discussed in our last post, Nifty reacted on the dates mentioned.
To remain bullish Nifty needs to give a close above 7850. And a close below 7670 may drag Nifty towards 7550-7500 zone.
Major resistance levels are 7835-50, 7924, 7990, 8070
Major support levels are 7777, 7737, 7717, 7700, 7676, 7604, 7550-20, 7410
Next pressure dates are 21/22, 25th & 31st May.
* All levels are of Spot.
Sorce: amitrandive
