NIFTY struggling to decide how to behave at 17,400. Ideally there is no short trade possible as long as 17,200 is protected on downside. As posted last week it’s a side-ways market within the range of 17,200-17,850. So safe guys should stay away from NIFTY until the clear Trend emerges! Lot happening on time front this week, so go light on NIFTY. According to TRIANGLE price would come in a strong position above 17,590 on spot. Until this level gets crossed expect Volatility in defined range! Select BANKS and ENERGY stocks are the space to be in now!
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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