NIFTY tested the level of 16900 on spot Today and went very close to the 2nd mentioned Target of 16700. The Complex Pattern Targets have achieved for now. Creating fresh positions from here on would won’t be an easy job. When we have VIX near 22. Let the Market nerves settle down. Before making a fresh view. There could be counter moves on higher side. Personally thinks that fall is done for now. Let’s see. 16500/16700 still remains a key support.
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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