NIFTY UPDATE

STOCK MARKETS 1 Minute

No significant change appeared in NIFTY since the last update on 14th December
The short term Trend turned week on Monday and still remains week. Since Monday NIFTY is Trading in a Decending Triangle
The view was clear on Tuesday no directional change would be on offer as far as NIFTY stays below 17430
With current expansion on downside that level now has moved down to 17260 on spot. NIFTY is currently Trading in a Triangle of | 16950
17110&17260
On Time front next week also would be very critical since it would be a Harmonic week which have an Equinox in it. So voletility would continue to be a major factor.

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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!

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