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DOW JONES INDUST:
Dow continues to be in strong bull grip and it will remain so till it does not close below 25950 . Even if this level is broken ,watch the next important support zone near 25150-24800.
Follow the levels given below to create your own trading plan. These levels are very important on closing basis.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 26450-26160-25950-25500-25150-24800-24650-24200
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: - 26950-27050-27260-27600
Upward momentum is continuing in Nymex crude and no worries for bulls till it maintains the Gann support zone 56-56.8. Any closing above 61.5 will indicate more strength.
Follow the levels given below and create your own trading plan. These levels are very important on closing basis.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 56.8-56-55-53.7-51.2-50.4-49
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 60-61.5-64-64.75-66.6
As told last week, Gold entered a super strong zone after crossing Gann resistance near 1405-15 .It rallied further and stopped just below the next major Gann resistance level near 1449.Buy on dips strategy to continue.Watch the super strong support zone near 1370-1385.Follow the Gann levels given below and create your own trading plan.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 1401-1383-1370-1360-1350-1324
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1430-1449-1484
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