NIFTY SPOT VIEW-17TH FEBRUARY 2017

“I was clearly told a week ago for the top of nifty around 8820” the actual top made by nifty on 13th February and the price was 8826.90

Now short term trend has been changed to down and will little stronger below 8700 level. I am expecting another culmination on nifty between (18th to 20th) February 2017.So watch closely those date for change in trend around Gann price pressure point.

watch support around-8700-8630-8580-8510-8460 and resistance stand around-8819-8847-8886.

nifty

CRUDE OIL UPDATE:

6th  February 2017…..

NO CHANGE OF VIEW:

Crude oil current trend is now sideways, break below 3470 the short term trend will down and above 3700 it will again go up, so trade accordingly.

 


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