NIFTY is stuck in a Triangle between 15570 and 15936 since last 2 weeks. A break neither side would create a fresh momentum for short term. A break on upside could take the index till the levels of 16100 and 16280 on spot. And a breakdown on downside could drag the index till 15410 and 15240. Until NIFTY stays in the Triangle zone Trading would be very tough for Positional Traders. But as of now the undertone of the market remains strong. With Banking and I,T sectors showing more strength. Only 1 vibration day during the week which comes on Wednesday.
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
Published
gann,insides 