Sunday 5 June 2016

Nifty Sync and Weekly Update

Dear All###

As per our Previous 18th May report about Nifty Target was 8100-8250-8325 and

in this same report i have mentioned that 7760 should act as firewall for Bears.

After that i have updated the precise support of 7730 in next 19th May report.

What you have seen the rally till Friday is the part of Replica of our 18th May Report.

Read our 18th May report click here

Read our 19th May Report click here

In our 23rd May report i have mentioned that 7790 is the Bullish Trend Reversal and

cautious on 24th May and 25th may and don't show aggression on sell.

Read our 23rd May report click here

we almost Achieved our 2nd Target of 8250,nearly 470 points in Nifty.

What Next??

Now Good News is that Nifty closed above 8200 but bad news is that not closed above 8250.

Now intraday support is at 8190-8145 and Positional support at 8100-8090.

As 6th and 7th is the Potential Reversal Day be cautious on long.

Resistance at 8250-8260-8270/8320-8327 above that Zoom Target(?).

Nifty>>>
Note-Educational Purpose Only.Read Disclaimer.
If time permits i will try to post BankNifty Demand and Supply zone.

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