NIFTY SPOT VIEW-6TH MARCH 2017

Nifty fail to sustain on higher level 2nd time, and made a double top around 8992 level. This is little worried about short term trend it’s may change the short term trend to down, in that case nifty target found 8743 by me.I am expecting upside as of now only trading above 9000 level. So I will make my trading plan accordingly. Next date to be watch for vibration around (6th to 7th March 2017)

So watch resistance 8983-9040-9080 and support stand around-8845-8790-8743.

nifty

CRUDE OIL UPDATE:

6th  February 2017…..

NO CHANGE OF VIEW:

Crude oil current trend is now sideways, break below 3470 the short term trend will down and above 3700 it will again go up, so trade accordingly.


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