NIFTY gave a good rally holding the level of 10370 on spot which was mentioned previous week after it went above the zone of 10525. NIFTY is up more then 200 Points from there till now
Moving on from current Gann setup. To continue this ongoing upmove NIFTY needs to move above the zone of 10770 to 10806 which is an Important range according to Harmonic as well as the Gann Triangle Level. Taking away this range on upside would clear the path for 10980 on Spot. Major support is placed at 10510 on spot. This Trend wont turn till this level is held. So consider it as a Reference Point for NIFTY
The element of Time Factor would play it’s part on wednesday which is an Important Gann date for all markets Globally which would have its implications
DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com
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