NIFTY SPOT VIEW-8TH JANUARY 2013

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1/7/2013
Market Update

Market update will not be available for 9th, 10th and 11th January 2013.

::BASIC AND SMART TRADER COURSE WILL BE HELD ON NEW DELHI ON 9th AND 10th JANUARY 2013::

Time analysis is very important part of trading. Nifty given a correction around the date which has been flashing in my blog and I think market will give us a minor top.

Next level watch for resistance are-6180-6225 and support stand for-5870-5820-5795

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:

All subscribers and students are now enjoy 450 points profit in crude.

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.