NIFTY SPOT VIEW-6TH OCTOBER 2012
:: BASIC AND SMART TRADER COURSE WILL BE HELD ON JAIPUR ON 8TH AND 9TH November 2012.::
: NEXT BASIC AND MASTER INTRADAY COURSE WILL BE HELD ON CHENNAI IN NOVEMBER::
(AFTER TWO SUCCESSFUL OF SEMINAR).
DATE AND VENUE TO BE ANNOUNCED SOON:
No change of view, upside rally will come only close above 5730 level and more strength will come only above 5840 level. Till then I am expecting sideways market.
(It is advice to all my students also my viewers try to trade in liquid stock at this time.)
Next major support are-5515-5420 and resistance stand for-5730-5840-5890.
Gann pressure dates for the month of November are around 8th and 14th November.
STOCK ALERT:
Axis bank support stand for 1160-1135 and resistance stand for-1250-1325.
:COMMODITY UPDATE:
VIEW OF CRUDE:
From 14th September 2012, crude trading in a range Itremidate upside trading range is -5460 and downside range is 4470.
Also crude made a short term trading range that is 5000 for upside and 4600 for down side range.Rally will come only broke those level successfully also all level will be work for support and resistance.
Keep watching www.charttrading.in for Gann pressure date of crude.
Chart of Crude
TIME CYCLE ANALYSIS:
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.
