NIFTY showing no signs of Positivity and Today broke the support zone which I mentioned on Monday. Now when 11220 to 11240 range is broken level of 11030 to 11050 opens up on downside. Meanwhile the trend continues to remain week hens rallies upto 11400 to 11430 should be sold. A close below Fridays low should cause issues for bullish traders. Because the role of time would exelirate move on downside.
Opinion Published in this Article is based on my Knowledge and Understanding of Gann Theory. I may or May not have any Trading Positions on suggested Scripts. These Views shall be considered only for Educational Purposes. Any Trading Positions should only be taken after consulting your advisor or obtaining the Gann Trading Course designed by me. I only would post the price levels no charts would be shared here to keep the analysis to the point without writing Lengthy posts
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