NIFTY SPOT VIEW-24TH JANUARY 2013

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1/23/2013
Market Update

Website followers, students and all subscribers are got good advantage of 22nd January Pressure date. Do not sell in the market as of now, only booked the profit of existing position.

I think 2013 will be good year for all trader and investors. Till buy on dips using the Gann level Swing trader maintain their own strategy.

Now resistance are-6105-6180 and support stand for-5930-5870-5820-5795.

Gann pressure dates for the month of January are around 5th and 22nd January 2013.

STOCK ALERT:

According to my point of view long LT around 1580 level.

:COMMODITY UPDATE:

VIEW OF CRUDE:

Maintain long position in crude and buy on dips is now strategy for crude.

All subscribers and students are now enjoy 550 points profit in crude.

From 14thSeptember 2012, crude trading in a range  Intermediate upside trading range is -5460 and downside range is 4470.

Also crude made a short term trading range that is 5000 for upside and 4600 for down side range.Rally will come only broke those level successfully also all level will be work for support and resistance.

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.

TIME CYCLE ANALYSIS:

I am writing something about Gann time cycle, absolutely I am telling you about future, where next major top and bottoms will come.

Next Major Top will come in year of 2017 and next major bottom will come in year of  2022.To know the exact month and date join my Ultimate stock market analyst course.

I am not telling about past because everybody know the past.


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.