NIFTY SPOT VIEW-8TH OCTOBER 2012

5th October Indian stock market was too volatile because there was lot of events from astrology perspective I am writing one event among of them (Mercury was conjunction with Saturn).

((Only for today I am analyzing according to nifty future))

If I am analysis according to nifty future, then nifty future got support exactly of given level of 5735 which has been written in my website previously (think about power of Gann level). Do not panic nothing happened in the market till buy on dip (according to me).

27th October is next culmination point I think if nifty gave some correction it will end on that date or if nifty maintain the up side rally then we got a top around the date.

Swing trader till maintain the swing technique.

No change of level 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 around 27th October 2012.

STOCK ALERT:

NO STOCK ALERT.

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.

 


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