NIFTY SPOT VIEW-14TH MARCH 2017

Well political matter will help to break trading range,once break the range nifty’s trading target comes around 9300,it is difficult to cross 9300 by this rally,so make long position by too much higher level will not be good idea, wait for reasonable price to make the right trade in nifty.

Those are already made long position in YESBANK keep maintain the long position with trailing stop.

So watch resistance-9330 and support stand around-8845

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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