NIFTY violated the condition of holding 17,200 on spot. So Techmical pull back is done for now as per pattern. Be careful with long trades now. Utilize bounce to create short Positions. As a retail trader it’s important to understand, that a bearish market doesn’t sinc daily. You have to give Patterns some time to unfold. Today is an Important Vibration Date, so todays low would be critical on Time Front. A daily close below Todays low, would take NIFTY to 16,850 and 16,550 Positionally in Coming days. Next week we have 26th, and 28th, as next TIME CYCLE dates. So if we close below Todays low on Monday then we can have a decent down trending week, next week. So approach consciously.
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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