NIFTY SPOT VIEW-29TH MAY 2017

Nifty and banknifty both index are made a double low on daily chart, it is a good sign for bull. I was clearly told my last market update that “do not made short into the market.” I think all my followers are benefited by the line.

Nifty Auto, Fmcg and Private sector bank are very strong and Psubank, energy and media sector are looking weak so I will select the stocks accordingly.

Watch resistance around-9626-9693-9746 and support stand around-9505-9470.

“W D GANN SCIENTIFIC STOCK MARKET FORECAST FOR 2017”

ANNUAL FORECAST

These dates are unique it will work for stock and commodity market.

Follow the index and Nifty fifty stocks for change in trend, it’s may be minor or major. If any date fall on holidays watch change in trend before or after holidays.

May-3rd ,7th to 8th (12th-15th ),22nd and 31st

June – 2nd ,9th,16th ,(19th-20th ),25th ,(27th- 28th ).

July – (1st-3rd ),7th ,13th,(20th-22nd ),28th .

August -3rd ,9th ,12th ,(15th-17th ),21st ,(25th-26th ),30th .

September-3rd, (9th-10th), 13th,(17th-18th),(26th-28th).

October-(4th-6th), 10th, 14th,(17th-20th ), 24th ,30th.

November-2nd, 8th ,13th,20th,27th,30th.

December-(3rd-5th), (8th-9th), 12th, 15th , (24th-25th), 31st .

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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