Good Morning NIFTY scaled new Highs in past week on expected lines. Once the level of 15080 was crossed in mid of this month since then it has been a smooth rally on upside. This week would be pivotal where we have an Important Vibration date on Monday. On price front NIFTY is within the Target zone of 15400 to 15600 on spot. Going ahead 15630 to 15660 would post a strong challenge on upside. Possible profit booking could be observed in this zone. But if This zone is crossed convincingly then the rally could even expand till the levels of 15850 and 16081. In case of any Profit booking Price area of 15150 to 15200 would be an extremely strong support on downside using the method of Vibration and Harmonic Theory. Well if short term looks good to you then Medium term setup would look even better. Because the medium term Target on NIFTY IS 16640 IN NEXT few months. So this rally still have an enough distance to travel. Position yourself sensibly to capitalise on it.
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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