NIFTY SPOT VIEW-20TH SEPTEMBER 2012

(NEXT BASIC AND MASTER INTRADAY COURSE WILL BE HELD ON CHENNAI ON 26TH SEPTEMBER 2012.)

According to swing technique nifty long trader(all my Smart and Ultimate students) are got 850 points and the trade is continue yet now, the trade was came around June 2012.

There is very good price cluster around 5660 level. further strength will come only trade above this level successfully and there is no down side risk until and unless broke the level 5434 cleanly.

So it is advice to smart and ultimate students maintain long position according to swing technique and other positional trader maintain nifty long with stop of 5526.

According to my point of view next major resistance are-5660-5735 and support stand for-5506-5434.

STOCK ALERT:

Sbi resistance are-2215-2255 and support stand for-2006-1911.

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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