NIFTY SPOT VIEW-5TH APRIL 2013
Once again read carefully what I was forecasted on 20th March about nifty.
“Major weakness will come after broke the level 5660 significantly also major trend will be changed successfully. So after that we might see nifty around 5550 and 5330.There is more possibility below 5660 nifty will came down to 5330.”
Today I am writing something about Gann swing trading. According to swing in daily chart of nifty short entry was came on 14th February 2013 around 5920 and now see yesterday nifty low was 5565.(If I am calculate for one lot nifty then I got profit 350 points so my net profit is 350×50=17750).
(ACCORDING TO S D WAVE TRADING SYSTEM NIFTY SELL ENTRY WAS CAME ON 3RD APRIL AROUND 5685 LEVEL WITHIN TWO DAYS NIFTY GIVEN 120 POINTS.)
Master intraday trader also got very very good buying and selling opportunity in stocks and index according to technique.
So we are now very close to an important support level, I am expecting some kind of bounce around this level.
Next major support are-5550-5330 and resistance stand for-5760-5785.
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.
