NIFTY SPOT VIEW-27TH FEBRUARY 2017
Nifty given very good rally above 17th February 2017 high and rally stopped on 23rd February, that was my posted reversal day according to Gann method. I think a minor top has been placed into the market and we may see little reaction on price, if nifty unable to cross 23rd high.
So watch resistance 8983-9040-9080 and support stand around-8700.
CRUDE OIL UPDATE:
6th February 2017…..
NO CHANGE OF VIEW:
Crude oil current trend is now sideways, break below 3470 the short term trend will down and above 3700 it will again go up, so trade accordingly.
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