NIFTY SPOT VIEW 25TH JUNE 2013
:: NEXT BASIC AND SMART TRADER COURSE WILL BE HELD ON BANGALORE::
DATE :JUNE 29 and 30th
::NEXT SEMINAR ON S D WAVE TRADING SYSTEM/ AND SMART TRADER COURSE WILL BE HELD ON MUMBAI ON 22nd and 23rd JUNE 2013::
Thanks to all my website viewers and all my students for overwhelming to Gann technique.
Well S D Wave traders are holding 239 points profit and swing traders holding 506 points profit.
Now think about power of 5860 level. Previously I was wrote in my site that nifty down trend is stronger according to daily chart now see after that nifty extend the fall.
So according to me making short position in lower level is not advisable. In the wrost case nifty may extend the fall around 5430 level also I am expecting the bottom around or before this level.
So watch for support are-5470-5430 and resistance stand for-5860.
STOCK ALERT:
No stock alert.
:COMMODITY UPDATE:
CRUDE OIL UPDATE:
posted on 18th June 2013:
Crude oil given a break out try to trade according to this trend for big profit.
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.
TIME CYCLE ANALYSIS-(1):
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.
