NIFTY SPOT VIEW-22ND JULY 2013
::BASIC AND SMART TRADER COURSE WILL BE HELD ON NAGPUR (MAHARASHTRA) ON 27th and 28th JULY 2013::
::NEXT SMART TRADER AND ULTIMATE COURSE WILL BE HELD ON MUMBAI (DATE TO BE ANNOUNCE SHORTLY)::
Well nifty is not able to trade above 6050 level yet now, so do not expect more rally until and unless trade above this line successfully.
So according to me, there will be good idea to book profit from nifty if it is trading below 6020 level on Monday and wait for next opportunity. Again I am given importance to 5900 level as a good support.
According to present Price formation, if nifty broke the 5900 level (successfully) then may be little bit problem on short term basis.
Next support and resistance are-6050-6111-6130 and support stand for-5900-5815-5745
2nd Gann pressure date for the month of July around 22nd July 2013.
STOCK ALERT:
(Again 23rd July is the Gann pressure date for the Axis bank.)
SQUARE OF NINE LEVEL FOR TATAMOTORS (SPOT):Based on 19th July:: 285-279-270 and 295-303-312
SQUARE OF NINE LEVEL FOR AXIS BANK (SPOT):Based on 19th July:: 1150-1090-1040 and 1250-1300-1370.
SQUARE OF NINE LEVEL FOR NATURAL GAS:: Based on 20th July:: 208-216-222 and 231-238.
(SEE YOUR AXIS BANK CHART THIS STOCK TOOK RESISTANCE AROUND THE SQUARE OF NINE LEVEL ONLY, THAT WAS POSTED ON MY SITE ALSO TATAMOTORS)
:COMMODITY UPDATE:
CRUDE OIL UPDATE:
Posted on 14th July 2013
Crude oil given 796 points profit from my estimated level I think all my site viewers are now holding very good profit on Crude.
I have been got some phone call from Chennai, Gujrat, Mumbai and Delhi about successful forecast of Crude Oil. Thanks to all my well wishers.
posted on 1st July 2013
Those are follow my advice they should got profit by trading Crude Oil which I was told on 18th June in my site about break out of crude.
posted on 18th June 2013:
Crude oil given a break out try to trade according to this trend for big profit.
NATURAL GAS UPDATE (6):
Posted on 1st July
Natural gas is now trading in a range, upside range is 239.80and down side range is 210.50.So there will be no major rally until and unless broke this range successfully. It is advice to all my students’ trade accordingly.
All ultimate students are known that we are standing around very crucial time zone for Natural gas.
NATURAL GAS UPDATE (5):
Posted on 26th April 2013:
On 22nd April I was forecasted about Natural Gas price correction, now see gas trading around 225, from 238 this was the minor top of gas on Daily chart.
NATURAL GAS UPDATE (4):
Those trader holding the Natural gas long position try to liquid their position, I think Natural Gas ready for a correction around this current market price.
NATURAL GAS UPDATE (3):
Natural gas given lot of profit from my estimated level now this commodity is trending so do not believe on news, follow www.charttrading.in for big profit like natural gas. All regular visitors, Students and subscribers are well known about forecasting of Gas. For the further upside Gas must to trade above 222 level for the target of 262 also good resistances.
NATURAL GAS UPDATE (2):
Now think about Natural gas. Gas is now 215 I has been clearly told through my site that Gas try to form a bull base it has been already given 45 points rally from its bull base.Now 217.50 is strong resistance, if Gas able to maintain this level then we expect more and more upside and long term bull market for Natural gas.
NATURAL GAS UPDATE (1):
196 is strong resistance for Natural Gas,If Natural Gas able to cross this level than we got the signal for change in trend.And 169 is the top most support for Gas,where Gas try to made base for bull,If Gas is not able cross 196 significantly than it will trading in a range of 196 to 169.According to time period I am expected a major culmination around 169 as of now.
Copper update:
Copper till moving accordingly, and got very good resistance near the given level.There is no fresh upside for copper until and unless broke the level 470 closing basis.And downside will come only trading below 380 before that 410 will be work as a good support.Keep watching www.charttrading.in for Gann pressure date of crude.
DISCLAIMER :
www.ChartTrading.In is an educational website for traders and investors. This update is an information service only .The author shall not be liable for any loss or profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
