NIFTY Gann View

STOCK MARKETS 1 Minute

As expected yesterday NIFTY was best to avoid going long till level of 9618 is not crossed on spot. NIFTY has shown weekness since then down almost 400 points from yesterdays high

Still weekness persist as I mentioned in the start of this week that this is an important week for markets around the world since then markets around the world are on a southwards journey.

As far as important levels are concerned Tuesdays low is first to watch followed by the swing low of 8909 on spot. The cycle suggests both this levels shall be tested and broken on downside. The only thing which can stop it to happen is only an announcement of removal of LTCG from capital markets by our Finance Minister if it doesn’t happen then get ready to see NIFTY below 9000 in near term

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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