NIFTY SPOT VIEW-27TH OCTOBER

Nifty was not able to cross the 8740 level and made a double top around that level, if nifty try to fulfill the pattern target than bull will fall in big problem, as of now 8500 is a very strong level also survival mark for bull, if  it break by the bear then nifty’s target will set for 8252.Next two days are very important for Indian stock market also for global market, if nifty try to manage the lower side and break the 8740 again then danger will over and main trend will resume otherwise nifty will completely controlled by the bear.

So watch resistance around-8740-8806- and support stand around-8500.

Gann pressure dates for this month around 7th,16th and 29th October 2016.

DISCLAIMER :
www.ChartTrading.In is an educational website for traders and investors. This update is an information service only .The author shall not be liable for any loss or profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.