We discussed the possibility for #NIFTY giving a daily close below Todays low. Well in that case the outcome is certain. But what if NIFTY breaks Todays high.. Above todays high NIFTY can test levels of 17,570 and 17,700 on spot.. although that probability is low but never say never in markets. We are prepared for that. If that happens we would not chase that. Once we get Price conformation on short side we would take more aggressive trades on short side. The fall is imminent it’s just that from which point markets decides to resume its underline downtrend.
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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