NIFTY SPOT VIEW-6TH AUGUST 2012
(NEXT BASIC AND MASTER INTRADAY COURSE WILL BE HELD ON CHENNAI)
“DATE TO BE ANNOUNCED SOON”
The below nifty view is according to my understanding:
All master day trader, Basic and Smart trader students got sell entry in nifty according to gap theory by 60 minutes chart and they are got good profit. After lot of struggle nifty broke the major level 5240 nifty is now standing on last price cluster level 5225 which I has been told earlier, this downside rally maximum stretch down to 5105 level but before that there is one more level to watch for support is 5170 and as of now resistance watch on-5330-5435-5505.
As of now nifty moving above 1×1 line
Gann Pressure date for the month of September are 6th and 23rd Sept.2012(accuracy +/- one day)
Below nifty 60 minutes chart is showing wolfe wave confirmation is not came yet now.
STOCK ALERT:
TIME CYCLE ANALYSIS:
I am writing something about Gann time cycle, absolutely I am telling you about future, where next major top and bottoms will come.
Next Major Top will come in year of 2017 and next major bottom will come in year of 2022.To know the exact month and date join my Ultimate stock market analyst course.
I am not telling about past because everybody know the past.
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