NIFTY SPOT VIEW -30TH MAY 2012

No change of view,if nifty able to close above the level of 5035 t0 5085 then only we expect a rally up to 5130 level.Smart trader and ultimate trader students till maintain the Gann swing.S D Wave trader maintain stop loss according to system.

Look for resistance are-5035-5065-5085-5130  and support stand for-4925-4890-4855.

To see the previous market update-go to the BLOG page and click on LATEST POSTS

21st May is Major Gann pressure date for the month of May(Accuracy +/- one day.)

STOCK ALERT:
Sbi got resistance near the Gann level and gave very good intraday profit to all my students.Sbi resistance are-2140-2170-2250 and support stand for-1915-1880-1825 closing basis.

Maintain Gann swing on Axis bank for position trading.

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