Tuesday, 3 May 2016

The crucial points to watch on NIFTY for the month...!

Dear Friends,

As I indicated earlier , 7777 will act as a very crucial point.....!

On a higher side - if 7850 is not withstanding , this could bring back to 7777 immediately....!
On panic, the pricing action may further lead to 7700 to 7635 level....!
If 7702 is not broken, again expect the bounce towards 7777-7850...!
On a weekly closing basis, when we see NIFTY spot above 7921 , there will be a positive movement towards 8300 zone...!

In case 7635-7650 zone is touched in this month, use that opportunity to enter long....! There could be a flier of 150 to 200 points...!

On a Macro level : 7265 - 7485 - 7635 - 7777 - 7921 - 8165 - 8285 will be the key levels to watch & this will be helpful to align your positions accordingly...!

Have a great MAY series....!

With kind regards,


Rishi

4 comments:

  1. Dear Rishi Sir more chances for 8300 in coming weeks..

    ReplyDelete
  2. Thank you sir for this valuable information
    Raju

    ReplyDelete
  3. தங்களின் சேவைக்கு நன்றிகள் பல

    என்றென்றும் நலம்நாடும்,
    மா வேணுகோபால் மாரிமுத்து.

    ReplyDelete
  4. Hope we are nearing the Exit of 18 entry now the combo is in 188+

    ReplyDelete