NIFTY SPOT VIEW-23RD MAY 2017

Till now we are in up trend so short trade is not suggested in index,nifty will lost little strength below 9372 and niftybank will lost little strength below 22570.Nifty energy sector,pharma and media are looking weak.

So watch resistance around-9535-9574 and support stand around-9335-(9290-9270).

“W D GANN SCIENTIFIC STOCK MARKET FORECAST FOR 2017”

ANNUAL FORECAST

These dates are unique it will work for stock and commodity market.

Follow the index and Nifty fifty stocks for change in trend, it’s may be minor or major. If any date fall on holidays watch change in trend before or after holidays.

May-3rd ,7th to 8th (12th-15th ),22nd and 31st

June – 2nd ,9th,16th ,(19th-20th ),25th ,(27th- 28th ).

July – (1st-3rd ),7th ,13th,(20th-22nd ),28th .

August -3rd ,9th ,12th ,(15th-17th ),21st ,(25th-26th ),30th .

September-3rd, (9th-10th), 13th,(17th-18th),(26th-28th).

October-(4th-6th), 10th, 14th,(17th-20th ), 24th ,30th.

November-2nd, 8th ,13th,20th,27th,30th.

December-(3rd-5th), (8th-9th), 12th, 15th , (24th-25th), 31st .

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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