NIFTY SPOT VIEW-5TH NOVEMBER 2013
SMART TRADER AND ULTIMATE COURSE WILL BE HELD ON BANGALORE 16,17 and 18th NOVEMBER 2013.
“Below is the nifty view according to my understanding of Gann analysis”
Proper trend analysis always gives us right trade and market action proof it.Above 6230 nifty made higher price and we are very close to all time high, if nifty able to break all time high then we may see another sharp rally.
Above 6360 the first resistance will come around 6395 and after that 6565, so watch carefully these level and I think nifty will not trade above 6565 in this rally.
As of now short term up trend will change trading below 6060.
I am looking resistance around 6360-6395-6565 and support stand for 6230-6060.
Gann pressure dates for this month around 4th,15th 21st and 27th November 2013.
STOCK ALERT:
THE BELOW SQUARE OF NINE LEVEL :
SQUARE OF NINE LEVEL FOR TATAMOTORS (SPOT):388-396-408 and 376-368-357.
SQUARE OF NINE LEVEL FOR AMBUJA CEMENT (SPOT):198-205-212 and 184-177-170.
SQUARE OF NINE LEVEL FOR NATURAL GAS:: 231-238-247 and 216-208.
:COMMODITY UPDATE:
NATURAL GAS UPDATE (9):
Posted on 27th October 2013:
Natural gas gave respect to all Square of nine level; according to me the level 241 is the long term resistance for natural gas, if N. G.able to trade above this level then I am expecting big upside rally in Gas and the level 215 is the top most support level, if Gas break it and maintain the trade below this level then major fall expected in Gas.
5th and 10th November 2013, will work as are pressure date for Natural gas also.(10th November is Sunday then watch market action either Friday or Monday).
NATURAL GAS UPDATE (8):
posted on 25th August 2013
10th August Natural gas made a low 194.80 and my given square of nine levels was 195 and today Natural gas trading around 230 levels. Now think about power of Gann square of nine levels. Natural gas changed the short term trend form 194.80 level.
Around the weekend 14th September 2013 and 30th November 2013 are important for Natural gas.
CRUDE OIL UPDATE:
Posted on 14th July 2013
Crude oil given 796 points profit from my estimated level I think all my site viewers are now holding very good profit on Crude.
posted on 1st July 2013
Those are follow my advice they should got profit by trading Crude Oil which I was told on 18th June in my site about break out of crude.
posted on 18th June 2013:
Crude oil given a break out try to trade according to this trend for big profit.
NATURAL GAS UPDATE (7):
posted on 29th July 2013:
1st July I has been forecasted about price of Natural Gas and it is broke the 210.50 two days ago. So according to me natural Gas trend is down and we may see lower side. Those who made the short position on natural gas till hold the postion.And S D Wave trader maintain the stop loss according to weekly chart for big profit.
NATURAL GAS UPDATE (6):
Posted on 1st July
Natural gas is now trading in a range, upside range is 239.80and down side range is 210.50.So there will be no major rally until and unless broke this range successfully. It is advice to all my students’ trade accordingly.
All ultimate students are known that we are standing around very crucial time zone for Natural gas.
NATURAL GAS UPDATE (5):
Posted on 26th April 2013:
On 22nd April I was forecasted about Natural Gas price correction, now see gas trading around 225, from 238 this was the minor top of gas on Daily chart.
NATURAL GAS UPDATE (4):
Those trader holding the Natural gas long position try to liquid their position, I think Natural Gas ready for a correction around this current market price.
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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.
