NIFTY SPOT VIEW-29TH JUNE 2017

NO CHANGE OF VIEW:

Nifty made a double top on short term basis, below 9560 the short term trend will change for next couple of days. So I will close all my open long position below 9560 in nifty. Auto sector is now in corrective mode some of auto stocks have been changed the trend for short term basis. Long term trend is very strong for nifty and auto sector.

Both top has made around the pressure dates also around the pressure price, this is the beauty of Gann analysis.

support stand around-9450-9384-9332 and resistance stand around-9570-9630-9700.

Watch resistance around-9693-9746 and support stand around-9505-9470.

“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 .

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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