NIFTY SPOT VIEW-7TH JANUARY 2016
All trends are extremely up into the market. I am expecting a culmination in daily chart for nifty between 10th to 13th February 2017, so I will be tight my stop loss for nifty long position. There is no worried into the market until and less broke the 8530 level. Now market totally controlled by bull.
So watch support around-8708-8650-8540 and resistance stand around-8793-8819-8847-8886.
Gann Pressure dates around-2nd, 13th, 22nd and 24th February 2017.
CRUDE OIL UPDATE:
6th February 2017…..
NO CHANGE OF VIEW:
Crude oil current trend is now sideways, break below 3470 the short term trend will down and above 3700 it will again go up, so trade accordingly.
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