NIFTY SPOT VIEW-5TH OCTOBER 2012

Those students are maintain the swing technique on nifty long position they are sitting with excellent profit, if I am calculate on one lot of nifty then profit came (50X945=47250/-).The trade has been came on June 2012.

Now think about Gann pressure date, why nifty broke the resistance on 4th October because that was the Gann pressure date. All ultimate students are already known the date. Now I am expecting a more upside but avoid long on higher level.

I am expecting next culmination might be on 27th October 2012.

5890 will be react as a good resistance level also watch resistance at the level of 5840-5890 and support stand for-5735-5610-5520.

2nd Gann pressure date for the month of October is 27th October 2012(accuracy +/- one day).

STOCK ALERT:

Sbi next resistance are-2410-2490-2545 and support stand for-2170-2080.

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.