NIFTY SPOT VIEW-31ST JULY 2013

::NEXT SMART TRADER AND ULTIMATE COURSE WILL BE HELD ON MUMBAI (DATE TO BE ANNOUNCE SHORTLY)::

::NEXT SMART TRADER AND ULTIMATE COURSE WILL BE HELD ON MUMBAI (DATE TO BE ANNOUNCE SHORTLY)::

Thanks to all Indian traders to congrats me for forecasted the several successful tops and bottoms in Indian stock market.

Till now nifty moving on my analysis path. I think website viewers are not made long position as of now because “I was told early below 5900 level there is a little bit problem and nifty proof it.”

So 5730 is still good support level may be market given some bounce around this level otherwise watch carefully again 5660 and 5550.

It is advice to all basic students allow market for making the trading decision; do not make trade aggressively in this position.

So support are-5730-5660-5550 and resistance stand for-5785-5855-5915.

2nd Gann pressure date for the month of July around 22nd July 2013.

STOCK ALERT:

NO CHANGE OF SQUARE OF NINE LEVEL:

SQUARE OF NINE LEVEL FOR TATAMOTORS (SPOT):270-278-285 and 295-303-313.

SQUARE OF NINE LEVEL FOR AXIS BANK (SPOT):980-1040-1090 and 1140-1190-1250.

SQUARE OF NINE LEVEL FOR NATURAL GAS:: 203-195-169 and 209-217-223

:COMMODITY UPDATE:

CRUDE OIL UPDATE:

Posted on 14th July 2013

Crude oil given 796 points profit from my estimated level I think all my site viewers are now holding very good profit on Crude.

I have been got some phone call from Chennai, Gujrat, Mumbai and Delhi about successful forecast of Crude Oil. Thanks to all my well wishers.

posted on 1st July 2013

Those are follow my advice they should got profit by trading Crude Oil which I was told on 18th June in my site about break out of crude.

posted on 18th June 2013:

Crude oil given a break out try to trade according to this trend for big profit.

NATURAL GAS UPDATE (7):

posted on 29th July 2013:

1st July I has been forecasted about price of Natural Gas and it is broke the 210.50 two days ago. So according to me natural Gas trend is down and we may see lower side. Those who made the short position on natural gas till hold the postion.And S D Wave trader maintain the stop loss according to weekly chart for big profit.

NATURAL GAS UPDATE (6):

Posted on 1st July

Natural gas is now trading in a range, upside range is 239.80and down side range is 210.50.So there will be no major rally until and unless broke this range successfully. It is advice to all my students’ trade accordingly.

All ultimate students are known that we are standing around very crucial time zone for Natural gas.

NATURAL GAS UPDATE (5):

Posted on 26th April 2013:

On 22nd April I was forecasted about Natural Gas price correction, now see gas trading around 225, from 238 this was the minor top of gas on Daily chart.

NATURAL GAS UPDATE (4):

Those trader holding the Natural gas long position try to liquid their position, I think Natural Gas ready for a correction around this current market price.

NATURAL GAS UPDATE (3):

Natural gas given lot of profit from my estimated level now this commodity is trending so do not believe on news, follow www.charttrading.in for big profit like natural gas. All regular visitors, Students and subscribers are well known about forecasting of Gas. For the further upside Gas must to trade above 222 level for the target of 262 also good resistances.

NATURAL GAS UPDATE (2):

Now think about Natural gas. Gas is now 215 I has been clearly told through my site that Gas try to form a bull base it has been already given 45 points rally from its bull base.Now 217.50 is strong resistance, if Gas able to maintain this level then we expect more and more upside and long term bull market for Natural gas.

NATURAL GAS UPDATE (1):

196 is strong resistance for Natural Gas,If Natural Gas able to cross this level than we got the signal for change in trend.And 169 is the top most support for Gas,where Gas try to made base for bull,If Gas is not able cross 196 significantly than it will trading in a range of 196 to 169.According to time period I am expected a major culmination around 169 as of now.

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.


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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.