Yesterday’ mentioned Importance of 16,800 on NIFTY. WAS very clear not to carry overnight shorts if 16800 is not broken! So Todays move should not come as a surprise. Going forward zone of 16,800/17,000 would be a strong support on spot. Setup is buy on dips as long as this zone is Protected on downside. The momentum on upside would accelerate above 17440 on spot. Above 17440 NIFTY can test 17640 and 17840 according to its (VIBRATION PATTERN). NIFTY needs a daily close above 17360 to turn its TIME Bullish! Focus on stocks which have strong setups next week we have budget so take your trades sensibly!
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
Published
gann,insides 