NIFTY SPOT VIEW-7TH JANUARY 2013
::BASIC AND SMART TRADER COURSE WILL BE HELD ON NEW DELHI ON 9th AND 10th JANUARY 2013::
NO CHANGE OF VIEW:
Swing trader booked 50% profit of their position which has been made on 5th June 2012 and hold rest of position with the technique.
Today nifty is 6000, which I was told in my 30th November 2012 blog. Only expert Ganalyst able to say this type of forecast.
Next resistance watch for-6180-6225 and support stand for-5850-5775.
Gann pressure dates for the month of January are around 5th and 22nd January 2013.
STOCK ALERT:
It is advice to all followers booked profit from Sbi.
:COMMODITY UPDATE:
VIEW OF CRUDE:
After long time crude given a break out. All smart trader and ultimate stock market a student has been got good pyramiding point. This is advice to all students maintain stop on crude according to swing technique.
From 14thSeptember 2012, crude trading in a range Intermediate 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.
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:
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.
