NIFTY SPOT VIEW-22ND JANUARY 2020

According to present price formation nifty’s all trend are up but weak.Medium term trend will change below 11920.Bank nifty given a indication of change in trend by today’s trading session,but I am waiting for final confirmation.

I am not holding any position by nifty or bank nifty.

Watch support around-12181-12100-12020 and resistance stand around-12262-12340.

Pressure dates of rest of month are-22nd-24th January 2020.

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.

JANUARY 2018-4th,15th,(24th to 25th),28th.

FEBRUARY-(3rd to 4th),16th,25th.

MARCH-(1st to 2nd),(11th to 13th),23rd,(29th to 1st April).

APRIL-9th,17th,(25th to 27th).

MAY-13th,(18th to 20th),31st.

JUNE-6th,14th,(20th to 22nd).

JULY-(6th to 7th),13th,26th.

AUGUST-8th,24th.

SEPTEMBER-6th,11th,17th,22nd.

OCTOBER-10th,19th,26th.

NOVEMBER-2nd,7th,20th,27th.

DECEMBER 2018-3rd,7th,(16th to 19th),28th.

WEEKLY PRESSURE DATES :WATCH FOR WEEKLY TOPS AND BOTTOMS AROUND THESE WEEKEND.

04-01-2019,16-01-2019,01-02-2019,08-02-2019,15-03-2019,29-03-2019,14-06-2019,30-08-2019,13-09-2019,04-10-2019,20-12-2019.

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