NIFTY broke the zone of 14470 to 14500 today and had slipped further. It’s already down 200 points in Intraday so far. But Todays fall is more significant because it broke a Square Pattern level of 14300 after which the levels had shifted lower. NIFTY looks open to test 13800 on spot in coming few weeks. But there would be counter reactive moves in between but this market has looked week since the start of this month and we had made profits on our short trades. I continue to keep a bearish view on Markets Positionally. We had moved our Stoplosses down on our earlier short trades taken in 15100 to 15250 zone.
MARKET 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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