NIFTY SPOT VIEW – 25th May 2012

I am writing something about time and price analysis:

17th May I was wrote in my website that market will be bounce between 4845 to 4770,nifty already given bounce from 4789 level also I has been written pressure date one month ago this date has been worked out on 18th may because 21st May is Monday and (19th and 20th are holiday if I calculate +/- one day,I got 18th May) this is the accuracy of Gann level and Gann Pressure date,nifty Gave bounce exactly on that day.All my ultimate students are already known the date and they are made good profit.All my viewers,client and my students are know that I am post every analysis before happened in the market this is called proper analysis.

Those who are want to invest in the market this is the opportunity for them.Those people are already invest in the market till hold the position for 1 to 2 years at least end of 2013.(In the case of Axis bank and other liquid stock).

No change of view according to present market condition some weakness will reduce above 4960.

Next resistance are-4960-5060-5120-5180 and support stand for 4790 and 4695 closing basis.

21st May is Major Gann pressure date for the month of May(Accuracy +/- one day.)

STOCK ALERT:
Now the Sbi resistance are-1980-2030-2080-2140 and support stand for-1915-1880-1825 closing basis.

Axis bank gave very good long entry point to all my students and client,and gave excellent intraday profit.

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.