NIFTY SPOT VIEW-19TH MAY 2017
Till now we are in up trend so short trade is not suggested in index,nifty will lost little strength below 9372 and niftybank will lost little strength below 22570.No major damage happened into the market by one day fall in index.
Yesbank is now in down trend so traders can find short opportunity by yesbank movement.
So watch resistance around-9535-9574 and support stand around-9380-9335-(9290-9270).
“W D GANN SCIENTIFIC STOCK MARKET FORECAST FOR 2017”
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.
May-3rd ,7th to 8th (12th-15th ),22nd and 31st
June – 2nd ,9th,16th ,(19th-20th ),25th ,(27th- 28th ).
July – (1st-3rd ),7th ,13th,(20th-22nd ),28th .
August -3rd ,9th ,12th ,(15th-17th ),21st ,(25th-26th ),30th .
September-3rd, (9th-10th), 13th,(17th-18th),(26th-28th).
October-(4th-6th), 10th, 14th,(17th-20th ), 24th ,30th.
November-2nd, 8th ,13th,20th,27th,30th.
December-(3rd-5th), (8th-9th), 12th, 15th , (24th-25th), 31st .
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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