NIFTY SPOT VIEW-24TH JANUARY 2020

Well nifty took support around the Gann support level and given little up side,till now all major trend are up for nifty,all major trend will down below 11920 and trend might be change.

Banknifty given confirmation for chnage in trend now banknifty short term and medium term trend is down,sell on rise is now trading strategy for banknifty.

I will find selling opportunity by Tatamotors,Tatasteel and Maruti.

Jublfood and Bhartiartl are maintaining the mega up trend.

Watch support around-12100-12020 and resistance stand around-12262-12340.

Pressure dates of rest of month are-22nd-24th January 2020.

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.

JANUARY 2018-4th,15th,(24th to 25th),28th.

FEBRUARY-(3rd to 4th),16th,25th.

MARCH-(1st to 2nd),(11th to 13th),23rd,(29th to 1st April).

APRIL-9th,17th,(25th to 27th).

MAY-13th,(18th to 20th),31st.

JUNE-6th,14th,(20th to 22nd).

JULY-(6th to 7th),13th,26th.

AUGUST-8th,24th.

SEPTEMBER-6th,11th,17th,22nd.

OCTOBER-10th,19th,26th.

NOVEMBER-2nd,7th,20th,27th.

DECEMBER 2018-3rd,7th,(16th to 19th),28th.

WEEKLY PRESSURE DATES :WATCH FOR WEEKLY TOPS AND BOTTOMS AROUND THESE WEEKEND.

04-01-2019,16-01-2019,01-02-2019,08-02-2019,15-03-2019,29-03-2019,14-06-2019,30-08-2019,13-09-2019,04-10-2019,20-12-2019.

DISCLAIMER :
www.ChartTrading.In is an educational website for traders and investors. This update is an information service only .The author shall not be liable for any loss or profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.