NIFTY UPDATE

So far NIFTY has managed to hold an Important level of 16800! Note 16800 is a level which co’insides in 3 major patterns in Gann,Theory! (A TRIANGLE,A HORMONIC PATTERN AND A VIBRATION PATTERN). As I mentioned in Morning this Market can Surprise you anytime. Be prepared for that! Focus on stocks which are Trading above there TRIANGLE POINTS. Like SBI,POWERGRID or AXIS,BANK. And let NIFTY settle down! Dont carry over,night shorts on NIFTY if 16,800 is not broken on spot. Until NIFTY clears its PRICE SQUARING POINT on upside there would be voletility on both sides. More on that Tomorrow!

Leave a comment