NIFTY SPOT VIEW-25TH JANUARY 2017

1/24/2017

All trend is now up,short term trend is now very bullish so buy on dips I am expecting a change in trend here and there (From 25^th to 30^th January are very important for Indian stock market).So be cautious and strictly follow your trading rules.

So watch resistance around-8530-8570-8613 and support stand around-8320-8180.

Gann pressure, dates for this month around-1^st ,6^th ,11^th -17^th and 23^rd and 30^th January 2016.

nifty

CRUDE OIL UPDATE: 23rd January 2017

Crude oil make a double bottom on daily chart it is a bullish pattern. Above 3670 a long trade will trigger in Crude oil,I think oil will touch the level 3800 level soon, if it is able to manage the recent low.

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