Nifty Near Gann Resistance

Jan 30, 2017

Nifty is trading near Gann Resistance. A breakout above will lead Nifty to 8773,8855,8969 and if unable to break Gann line, we can see 8510,8421. Wait for confirmation and avoid till budget event is over

Feb 2, 2017

Trade active

Feb 6, 2017

Trade active

First Target 8773 achieved. Book Partial profit

Feb 9, 2017

Note

Nifty closed at pivot level. We could see a big move tomorrow. Keep strict SL.

Feb 10, 2017

Note

Nifty making fun of both bulls and bears. Stay cautious.

Feb 12, 2017

Note

8840 remains a big hurdle. We might see new highs once 8840 is taken down. Till then its going to remain choppy. Bearish below 8700 for a move till 8600/8555.

We have new time cycle starting from 13 Feb-24 Feb With important trend change date being 13/15/20 Feb

Feb 13, 2017

Note

Nifty continues to play with both bulls and bears. No clear direction yet.

Feb 20, 2017

Note

Gap up opening in last session but closed below Gann line.