NIFTY SPOT VIEW-12TH FEBRUARY 2013
***BASIC AND SMART TRADER COURSE TRADING PROGRAM WILL BE HELD ON PUNE ***
***DATE-16th February 10:00 am to 5:00 pm,17th February 11:00 am to 5:00pm.***
:: NEXT ULTIMATE STOCK MARKET ANALYST COURSE WILL BE HELD ON SINGAPORE::
“VENUE AND DATE WILL BE ANNOUNCE SOON”
All Smart trader students has been got excellent profit yesterday by long trade on Axis bank.
After long time nifty able to break 5925 level and market fall sharply intraday basis. Now the question is where it will stop. My view is, in the worst case this downswing will continue one week more and the price will be 5825.I am expecting an upside rally around this level or before.
Those people are well known about trend do not worry in the market as of now because major trend is not suggest for short in the market. Most of stock already correct around their gravity Center.
TIME ANALYSIS:
We are entering the bull market on 20th December 2011 and if you remind your brain you just find out that I has been wrote in my website about bull year of 2012 and 2013 market moving exactly on that line. We are now early of 2013 I think 2013 also will give us smart money.
The year of 2014 nifty will give some decline after that again we enter the bull market and this bull cycle will end around year of 2017.To get the exact level,date and month Join my Ultimate stock market analyst course.
Now major support level are-5825-5730 and resistance stand for-5960-5995.After 5825,5730 is the most strong support level.
around 5th February Gann pressure date for the month of February 2013.
STOCK ALERT:
Try to buy Sbi on lower level.
:COMMODITY UPDATE:
Try to buy Nickle also lower level.
VIEW OF CRUDE:s
Maintain long position in crude and buy on dips is now strategy for crude.
All subscribers and students are now enjoy 550 points profit in crude.
From 14thSeptember 2012, crude trading in a range Intermediate upside trading range is -5460 and downside range is 4470.
Also crude made a short term trading range that is 5000 for upside and 4600 for down side range.Rally will come only broke those level successfully also all level will be work for support and resistance.
Copper update:
Copper till moving accordingly, and got very good resistance near the given level.
There is no fresh upside for copper until and unless broke the level 470 closing basis.
And downside will come only trading below 380 before that 410 will be work as a good support.
Keep watching www.charttrading.in for Gann pressure date of crude.
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.
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.
