NIFTY SPOT VIEW-13TH MAY 2013

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5/12/2013
Market Update

BASIC AND SMART TRADER COURSE WILL BE HELD ON 15TH MAY 2013 ON NEW DELHI.

Now I am expecting a major rally in nifty, I think it will cross the previous all time high. Swing trader till hold the position according to technique. It is advice to long on nifty above 6111 for target 6357 with stop of 6040.

Proper analysis always gives you good profit. All smart trader and ultimate students sitting with big profit in nifty.

Next major resistance are-6260-6338-6357 and major support is-6040.

Watch below nifty chart carefully what I was said about red line.

First pressure date for the month of May is 6th May 2013

STOCK ALERT:

No stock alert.


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