NIFTY SPOT VIEW-10TH FEBRUARY 2017

After kissing 8820 level nifty fall sharply from day’s high “the day high was 8821.40” and I have written by yesterday market update resistance about 8819,so everything has proved by the price action. Once it break the 8820 level a little rally will expect into the market.

Today I am posting my working chart to understand the power of Gann price level.

So watch support around-8700-8630-8580-8510-8460 and resistance stand around-8793-8819-8847-8886.

Gann Pressure dates around-2nd, 13th, 22nd and 24th February 2017.

nifty

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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