NIFTY, along with other Global markets had a critical TIME CYCLE date Yesterday. A close below yesterdays low, would keep near term setup very week. For bounce to play out, price has to sustain above Yesterdays high! This applies only for very short term!” As I repeatedly mention, Nothing moves in straight line. At 1 point rallies also would come whether its U.S. MARKETS or INDIAN MARKETS! But rallies would come and they would go. The fact won’t change, that market has lot to do on downside!” Utilize rallies to take bearish positions. I said this on 4th,April as well when MIFTY was trading at 18,100. Since then it has fallen around 2000 points! And it still can go much lower from here!:
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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