Last Time I mentioned on the possiblity of Volitility because of the TIME FACTOR in the second half of previous week and market was under pressure on expected lines. For this week the setup mostly remains sell on rise. Breaking the level of 15000 on spot has signaled more downside in coming days. Levels of 14810 and 14640 could be tested going ahead. Personally not comfortable on higher side. If History is anything to believe then we have a near term top at the high of previous week on NIFTY. Though it’s still partly conformed as of now. Stay conscious on higher levels. It’s still not a cycle top would get it next year. .
NIFTY UPDATE
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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