NIFTY SPOT VIEW-28TH DECEMBER 2012
NO CHANGE OF VIEW:
Nifty till in trading range upside range is 5965 and downside range is 5820.Nothing will be happened until and unless broke the level.
Next major resistance are-5960-6180 and support stand for-5820-5750-5685.Below 5820 this rally may continue down to 5750 level.
Around 22nd December is the strong Gann pressure date for the month of December 2012.
WATCH CAREFULLY THE BELOW NIFTY CHART.
STOCK ALERT:
BUY ON DIPS AXIS AND SBI.
:COMMODITY UPDATE:
VIEW OF CRUDE:
All students has been got good entry on crude and they are sitting with big profit.The entry was on 11th December 2012 around 5700.
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.
