NIFTY SPOT VIEW-20TH MARCH 2017

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3/19/2017
Market Update

I think it is time to pullback, so do not made long position on higher level. Maintain tight stop loss for long position. Friday price action given a signal for pullback, but it is not confirmed by trend, further slip of price will give confirmation of pullback. Till watch the dates 20th to 21st March 2017.

So watch resistance-9330 and support stand around-9040-8845.

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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