NIFTY FACED RESISTANCE ONCE AGAIN NEAR 15000 AND GOOD CORRECTION STARTED FROM THERE . NOW WATCH CLOSELY 14400 AND 15100 FOR EITHER SIDE BREAKOUT. AS OF NOW CHANCES OF A LOWER SIDE BREAKDOWN HAS HIGH PROBABILITIES.

AS TOLD LAST WEEK NIFTY TRADED BOTH SIDE GIVING GOOD OPPORTUNITIES TO BOTH BULLS AND BEARS. FOR THIS WEEK ALSO NO CHANGE IN VIEW OR STRATEGIES. FURTHER UPSIDE WILL BE POSSIBLE ........

AS EXPECTED NIFTY RALLIED ALMOST 900 POINTS FROM THE LOW IT MADE ON GANN PRESSURE WEEK. NOW THE HIGH MADE LAST WEEK IS VERY CLOSE TO IMPORTANT GANN RESISTANCE LEVEL. FURTHER UPSIDE WILL BE POSSIBLE ONLY IF ...................

LAST WEEK ALSO SELL ON RALLIES STRATEGY WORKED EFFECTIVELY AS ALMOST ALL RALLIES AND GAP UP OPENING WERE EVENTUALLY SOLD OFF.ON FRIDAY NIFTY FOUND SOME SUPPORT EXACTLY NEAR GANN SUPPORT LEVEL 14330.

SELL ON RALLIES STRATEGY PAID GOOD REWARD LAST WEEK ALSO. ON FRIDAY IT LOST ALMOST ALL THE GAINS MADE LAST WEEK..ACT AS PER THE LEVELS GIVEN BELOW.

Sell on rallies strategy worked well even last week as Nifty could not sustain at higher levels. Continue with this strategy for this week also. Follow the Gann level given below.

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DOW remained in an inside bar situation , so no change in levels. But it is advisable to book profit near all Gann resistance levels given below and avoid aggressive long and look for creation of short positions near Gann levels.

DOW continues with its upward momentum and it is advisable to book profit near all Gann resistance levels given below.