NIFTY SPOT VIEW-20TH FEBRUARY 2017

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2/19/2017
Market Update

Well nifty made a top on 17th February 2017 and I was told about (18th to 20th Feb 2017) for a culmination, why nifty made top before one day of actual date because actual date was fall on holiday.
Till now we are in uptrend so short trade is not suggested into the market, wait for the long trade on lower price.
Watch support around 8700 and resistance stand around-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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