NIFTY SPOT VIEW-22ND OCTOBER 2012
*** HAPPY HAPPY HAPPY DURGA PUJA***
MAY BE, DUE TO DURGA PUJA FESTIVALS THERE WILL BE NO MARKET VIEW TILL 24TH OCTOBER.
::NEXT BASIC AND MASTER INTRADAY COURSE WILL BE HELD ON CHENNAI IN NOVEMBER:: (AFTER TWO SUCCESSFUL OF SEMINAR).
DATE AND VENUE TO BE ANNOUNCED SOON:
The below nifty view according to my point of view:
Nifty till in trading range there is no trade advice between the ranges. Nifty upside range is 5730 and down side range is 5635, trade only after broke this range. If nifty able to broke the downside range then I am expecting a bottom between 5500 to 5400 level around the date of 27th October 2012.I am expecting downside opening on 22nd October.
There is no change of level support stand for-5610-5515-5420 and resistance stand for-5730-5840-5890.
2nd Gann pressure date for the month of October is around 27th October 2012.
STOCK ALERT:
2180 and 2085 is the strong support for Sbi and resistance stand for 2380 level.
Axis bank buy on dips till 1070 level.
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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