NIFTY SPOT VIEW-2ND APRIL 2013
FROM MY STUDENTS:
” A teacher who makes one learn deserves respect and a teacher who makes you earn is really a God’s Hand. You are one person whom i admire a lot. I daily look upto your website to learn something new”
posted by Naveen Prakash,New Delhi.
:: NEXT ULTIMATE STOCK MARKET ANALYST COURSE WILL BE HELD ON SINGAPORE::
(DATE:-12-13 and 14th APRIL 2013.)
BASIC and SMART TRADER COURSE WILL BE HELD ON AHMADABAD
(Date to be announce shortly.)
Ultimate course was end on 25th March in Mumbai, just after two days on 28th March all ultimate students were got very good long opportunity in Sbi 60 minutes charts and they are got 25 points in one trade intraday basis.
Over all nifty view:
Friday nifty low was 5604 and I has been putted support 5585 so nifty given pullback, around that level and close near days high,(In Gann ultimate course there is a section “reverse signal day”).Nifty has been reacted like that. All ultimate students are known that.
Now the question is what will be happened. Major trend is down, if nifty able to trade above 5700 level then we expect a rally up to 5780 level, after that 5845 and 5970.
After cross those levels nifty will be face resistance again 5970 level, if nifty able to cross this key level then major trend will be changed again.
So watch for resistance are-5725-5785-5845 and support stand for-5585-5550-5530.
STOCK ALERT:
NO STOCK ALERT.
:COMMODITY UPDATE:
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.
