Earlier in the week I mentioned the importance of the low which is made on 19th or 20th july. Market made a low on 20th and gave a rally till 23rd on expected lines. This rally still can go on till 28th july according to the forecasting model. This market was and still a buyers market. Has clearly mentioned to avoid shorts on INDEX. Next week would be even Intresting because it’s a Time Heavy week where we have 3 Vibration and Time Cycle days. First on 26th followed by 28th and 30th of July. On Price front 16000 is just a number it has less to do with any Geometrical Angle. 16200 infact is an important point if we analyse the complex vibration pattern. Need to move forward with stay long approach. Another intresting point to note is we got 2 consecutive weekly highs on Friday which shows the structural strength of our Markets.
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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