NIFTY UPDATE

STOCK MARKETS 1 Minute

The reason we exited our Longs on NIFTY was Strategic
It was a Part of our Trading Plan
It didn’t ment the Cycles have Turned down
That’s not a case for now
Not Yet
The Patterns and Cycles are still Signaling an Upside. We got a fare amount of Profits in Past 10 days so it’s our duty to Protect Profits and reduce the risk element
NIFTY have a very strong Pattern Support at 17550 on closing basis
So as far as the Supports are held
It would be wise to respect the Pattern
And rather going for Futures it would be better if we Prefer monthly Options
Today is a Time Cycle date so Todays Low would be critical moving forward
NIFTY would give a fresh Triangle Breakout above 17870 for the Targets of 18015 and 18167 on Spot
Harmonic,Vibration and Squaring Patterns are still strong on NIFTY So Let’s respect that as long as it stays this way

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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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