Nifty & Infy Chart Update
This is last Three Month chart of Nifty spot
Nifty spot hammered at higher level like 8720-8730
So very crucial resistance around above this level
Once if breaks 8730 and closes above the level…….. Try to move 8845 & 8900
Nifty spot considers support @ 8540-8520
Bears are waiting to enter below 8540!!……… There after non stop panic will start!!
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This is INFY last Three Month Chart
Chart shows, INFY facing strong resistance around 1097
If crosses this level & Closes above the level………. Try to check 1135 & 1160 levels
Strong support at 1050……… Once if breaks & closes below the level
Finding next supports 1010, 970 and 930 level
Traders put close eye on 1097 & 1050 levels!!
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As posted on 1st Aug was a pressure date
and till date Nifty is not able to give a close
above the high made (8711) on 1st Aug
and this level was also posted in the resistance zone,
and from 8711 we have got more than 150+ points twice..
This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740
for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
and till date Nifty is not able to give a close
above the high made (8711) on 1st Aug
and this level was also posted in the resistance zone,
and from 8711 we have got more than 150+ points twice..
This is the accuracy of Gann levels.
To move further upside Nifty needs to give a close above 8740
for the targets of 8790-8805-8855.
Major resistance level are 8711-8728-8742, 8805,
Major support levels are 8535, 8461-8430, 8356-27.
Next pressure dates are 17-18, & 27/28th Aug.
Courtesy for Gann levels: DPK
