NIFTY SPOT VIEW-7TH AUGUST 2013
IN OWNER OF 15TH AUGUST I AM OFFERING 50% DISCOUNT ON ALL OF MY COURSES.THIS OFFER VALID TILL 31ST AUGUST 2013.
THIS OFFER WILL BE CONTINUE EVERY YEAR MONTH OF AUGUST.
::NEXT SMART TRADER AND ULTIMATE COURSE WILL BE HELD ON MUMBAI (DATE TO BE ANNOUNCE SHORTLY)::
Nifty broke the all important support level and major down trend has been confirmed by the market. But do not make short position in the current level wait for a pullback to finding the proper shorting level. In the worst case nifty continue this down side rally down to level 5380.Before this level there is two more support level 5470 and 5440.
For more clarification of trend today I am posting three chart of nifty, try to find out what they tells about market trend, because trend is everything for a trader and investor.
Those are wanted to invest in the market till wait to level 5380 and watch around the level how nifty react.
So watch support around-5470-5440-5380 and resistance stand for-5705-5798-5880.
According to weekly time cycle the coming weekend is very important.
There are several Gann pressure date in the month of august among of them I am posting two dates that’s around 13th and 22nd August 2013.
below is nifty weekly chart…
Below is nifty monthly chart….
STOCK ALERT:
NO CHANGE OF SQUARE OF NINE LEVEL:
SQUARE OF NINE LEVEL FOR TATAMOTORS (SPOT):270-278-285 and 295-303-313.
SQUARE OF NINE LEVEL FOR AXIS BANK (SPOT):980-1040-1090 and 1140-1190-1250.
SQUARE OF NINE LEVEL FOR NATURAL GAS:: 203-195-169 and 209-217-223
:COMMODITY UPDATE:
CRUDE OIL UPDATE:
Posted on 14th July 2013
Crude oil given 796 points profit from my estimated level I think all my site viewers are now holding very good profit on Crude.
I have been got some phone call from Chennai, Gujrat, Mumbai and Delhi about successful forecast of Crude Oil. Thanks to all my well wishers.
posted on 1st July 2013
Those are follow my advice they should got profit by trading Crude Oil which I was told on 18th June in my site about break out of crude.
posted on 18th June 2013:
Crude oil given a break out try to trade according to this trend for big profit.
NATURAL GAS UPDATE (7):
posted on 29th July 2013:
1st July I has been forecasted about price of Natural Gas and it is broke the 210.50 two days ago. So according to me natural Gas trend is down and we may see lower side. Those who made the short position on natural gas till hold the postion.And S D Wave trader maintain the stop loss according to weekly chart for big profit.
NATURAL GAS UPDATE (6):
Posted on 1st July
Natural gas is now trading in a range, upside range is 239.80and down side range is 210.50.So there will be no major rally until and unless broke this range successfully. It is advice to all my students’ trade accordingly.
All ultimate students are known that we are standing around very crucial time zone for Natural gas.
NATURAL GAS UPDATE (5):
Posted on 26th April 2013:
On 22nd April I was forecasted about Natural Gas price correction, now see gas trading around 225, from 238 this was the minor top of gas on Daily chart.
NATURAL GAS UPDATE (4):
Those trader holding the Natural gas long position try to liquid their position, I think Natural Gas ready for a correction around this current market price.
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.
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.
