NIFTY SPOT VIEW-30TH MARCH 2017
Nifty made a double bottom on 27th March and given little upside rally I have a long position by 28th March after square off my sell position. I have made little money by trading both side long and short, right now I am holding long position by April contract nifty and banknifty.I will maintain trailing stop for nifty below 9110 cash level.
So watch resistance-9180-9234 and support stand around-9020.
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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