NIFTY have time till tomorrow to break the low of 24th Feb if that low doesn’t breaks then few conditions would apply. Although the medium term texture is not going to change. In short term TIME would go in a sideways consolidation. And it shall remain there until MARKET gives a daily close below Tomorrows low. You may find this bit complicated. But that is how it is! Nobody is allowed to break TIME rules. On PRICE front NIFTY have a Pattern resistance at 16,850 which if gets crossed then move towards 17,000 and 17,180 would be on offer but we would not prefer to chase that.
NIFTY View
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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