NIFTY SPOT VIEW-8TH MAY 2017

Today I am posting.

“W D GANN SCIENTIFIC STOCK MARKET FORECAST FOR 2017”

ANNUAL FORECAST

These dates are unique it will work for stock and commodity market.

Follow the index and Nifty fifty stocks for change in trend, it’s may be minor or major. If any date fall on holidays watch change in trend before or after holidays.

May-3rd ,7th to 8th (12th-15th ),22nd and 31st

June – 2nd ,9th,16th ,(19th-20th ),25th ,(27th- 28th ).

July – (1st-3rd ),7th ,13th,(20th-22nd ),28th .

August -3rd ,9th ,12th ,(15th-17th ),21st ,(25th-26th ),30th .

September-3rd, (9th-10th), 13th,(17th-18th),(26th-28th).

October-(4th-6th), 10th, 14th,(17th-20th ), 24th ,30th.

November-2nd, 8th ,13th,20th,27th,30th.

December-(3rd-5th), (8th-9th), 12th, 15th , (24th-25th), 31st .

Right now nifty moving in a sideways basis. Now 9386 and 9266 are the key level for direction of trend. Overall trend are very up and mega up trend also very strong. There is no change of price level. So I will make my trading plan accordingly.

Support watch around-9020-8972 and resistance stand around-9270-9329-9380.

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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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.