NIFTY SPOT VIEW-2ND NOVEMBER 2020

Now nifty’s short term trend is down,my stop is 11750 for nifty sell trade.I will close my trade above this level and will wait for next opportunity.According to me sell on rise is now trading strategy for nifty till the level 12020.

9th-14th and 24th November are very important date to watch change in trend by daily chart.

Watch resistance around-11740-11830-11910-12008 and support stand around-11560-11460-11380.

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.

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