NIFTY SPOT VIEW-11TH APRIL 2013
THERE WILL BE NO MARKET UPDATE FROM 12TH APRIL TO 16TH APRIL 2013.
I WILL NOT BE AVAILABLE BY PHONE TILL 14TH APRIL.
ABOUT S D WAVE TRADING SYSTEM:
(The most attention drawing trading system in the market is S. D. Wave Trading System. It is developed by Mr. S. D. Ghosh from core of his knowledge and expertise. Not only in India, the system is drawing attention from all over the world. Based on mainly Gann Methods, this new system is the most appropriate for positional and intraday trading. The eagerness about the system among the professional traders is exponentially increasing. Even it is already drawn the attention of a large number of office employees.)
:: NEXT ULTIMATE STOCK MARKET ANALYST COURSE WILL BE HELD ON SINGAPORE::
(DATE:-12-13 and 14th APRIL 2013.)
::NEXT SMART TRADER AND ULTIMATE STOCK MARKET ANALYST COURSE WILL BE HELD ON KOLKATA FROM 16th TO 18th APRIL::
BASIC and SMART TRADER COURSE WILL BE HELD ON AHMADABAD
(Date to be announce shortly.)
On 8thApril, I have been written in my blog that 5470 is a support before 5330.All regular visitors, subscribers and students are already known that.
“Before that there is one more strong support around 5470 level.”(This line was written by me on 8th April above support and resistance line, for confirmation take a look on that day.)
But what is the reason behind 5470; all ultimate stock market analyst students are well known about this level. Now I am trying to clarify all genuine visitors.
In Gann analysis, there is a terms “price square by time; when price square by time trend will be changed” also Mr. Gann was said trade with minimum stop loss in his books.
On 10th April nifty made a low 5477.20 and my estimated support was 5470.So there was a clear long trade with 7 points stop loss and rest of story already told by market the same day. From that level nifty given excellent profit to all ultimate students and subscribers.
Basic and Smart trader students also got the long trade by 60 minutes charts.
A well-known Gannalyst always winner in trading business, made trade risk free and be happy, remember simple is better.
Next support are-5470-5440-5330 and resistance stand for-5625-5687-5755-5795.
Next pressure date for the month of April around 18th April 2013
Below nifty weekly chart show you squaring time by price….
There was 3 times intraday long trade on Axis bank….
There was 2 times long trade and 1 time sell trade on LT intraday….
STOCK ALERT:
1195 and 1151 are the strong support for Axis bank.
:COMMODITY UPDATE:
NATURAL GAS UPDATE (3):
Natural gas given lot of profit from my estimated level now this commodity is trending so do not believe on news, follow www.charttrading.in for big profit like natural gas. All regular visitors, Students and subscribers are well known about forecasting of Gas. For the further upside Gas must to trade above 222 level for the target of 262 also good resistances.
NATURAL GAS UPDATE (2):
Now think about Natural gas. Gas is now 215 I has been clearly told through my site that Gas try to form a bull base it has been already given 45 points rally from its bull base.Now 217.50 is strong resistance, if Gas able to maintain this level then we expect more and more upside and long term bull market for Natural gas.
NATURAL GAS UPDATE (1):
196 is strong resistance for Natural Gas,If Natural Gas able to cross this level than we got the signal for change in trend.And 169 is the top most support for Gas,where Gas try to made base for bull,If Gas is not able cross 196 significantly than it will trading in a range of 196 to 169.According to time period I am expected a major culmination around 169 as of now.
Copper update:
Copper till moving accordingly, and got very good resistance near the given level.There is no fresh upside for copper until and unless broke the level 470 closing basis.And downside will come only trading below 380 before that 410 will be work as a good support.Keep watching www.charttrading.in for Gann pressure date of crude.
TIME CYCLE ANALYSIS-(1):
I am writing something about Gann time cycle, absolutely I am telling you about future, where next major top and bottoms will come.Next Major Top will come in year of 2017 and next major bottom will come in year of 2022.To know the exact month and date join my Ultimate stock market analyst course.
I am not telling about past because everybody know the past.
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.
