NIFTY SPOT VIEW-16TH NOVEMBER 2012
:NEXT BASIC AND MASTER INTRADAY COURSE WILL BE HELD ON CHENNAI IN NOVEMBER ::
DATE-24TH AND 25TH NOVEMBER(10:00 AM TO 5:00PM)
(AFTER TWO SUCCESSFUL OF SEMINAR).
All Master intraday trader got very good profit by trading in nifty (late hour on 15th November trading session).
Nifty till inactive strength will come only above 5840 and more weakness will come only closing below 5575 level, till then avoid trade in nifty. Try to find trading opportunity other liquid stock.
Next major support are-5575-5515-5420 and resistance stand for-5840-5890.
Gann pressure dates for the month of November are around 8th and 14th November.
STOCK ALERT:
Axis bank support stand for 1160-1135 and resistance stand for-1250-1325.
:COMMODITY UPDATE:
VIEW OF CRUDE:
Once again crude oil got support exactly the given level (on 8th November), and already gave good profit to all my Smart and Ultimate stock market analyst students.See the below chart.
From 14th September 2012, crude trading in a range Itremidate 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.
Also today I am put one more resistance 4825 that will work before 5000 level.
Keep watching www.charttrading.in for Gann pressure date of crude.
Chart 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.
