NIFTY continued the journey of new highs. On friday it achieved the target of 15000 on spot. And today it went pass the level of 15100 as well. Currently the trend is very strong and it would remain strong as long as the level of 14800 is held. So far NIFTY has protected the cycle supports and has carried on the momentum on upside. At this point cycle support stands at 14800 for near term and would move higher once 15220 breaks on upside. Dont go against the trend until market gives the definite indication of correction or reversal. Till then as I said last week. Enjoy the rally.
NIFTY Completing Cycle Target
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! View all posts by SAAHIL BELIM
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