NIFTY not ready to give a daily close beyond last Fridays range. So things are where they were. No trend either side as of now. Next major date coming up on Friday. NIFTY still have very strong support in the zone of 17700 to 17800 on spot. On upside 18300 would be a very strong resistance. NIFTY BANK is a Pain Point of this market.. 37700 to 38000 on spot is a point where it should stabilise. Conserne only if these support levels breaks. Until that happens all is well.
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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