NIFTY SPOT VIEW-1ST FEBRUARY 2017
Nifty fall in expected line, I was told clearly about this fall by previous update. Till now Indian index are in uptrend there is no damage in trend, so buy on dips. Below 8320 Short term major trend will down. So I will make my trading plan accordingly.
Watch support around-8510-8478-8430-8269 and resistance stand around 8703.
Gann Pressure dates around-2nd, 13th, 22nd and 24th February 2017.
CRUDE OIL UPDATE:
1st February 2017…..
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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