NIFTY. Looking to stabilise at current levels. Now when both the Vibration dates are behind us. We can expect market to calm down a bit. As I mentioned on Monday Trading Indices won’t be an easy job. And it gave counter moves on both sides as expected. So going forward better to Trade NIFTY with thin Volumes. A decent Long Trade would open only above 17450 on spot. For the Targets of 17620 and 17780. Would prefer to avoid shorts as long as Mondays Low is held. Expect deep cuts once NIFTY SPOT breaks Mondays low. The first sign of base formation would come only if we close above 17325 on NIFTY. Markets in UNITED STATES are at critical supports next 3 days would be important here.
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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