NIFTY SPOT VIEW-30TH JANUARY 2017

Well nifty took resistance around the pressure date and off from day high, below 8600 I am expecting little change in minor trend but short trade is not suggested. There is no change of level, try to book profit on higher level.

So watch resistance around-8613-8653-8703 and finally 8867 and support stand around-8430-8330-8250.

Gann pressure, dates for this month around-1^st ,6^th ,11^th -17^th and 23^rd and 30^th January 2016.

CRUDE OIL UPDATE: 23rd January 2017

Crude oil make a double bottom on daily chart it is a bullish pattern. Above 3670 a long trade will trigger in Crude oil,I think oil will touch the level 3800 level soon, if it is able to manage the recent low.

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.