NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY have next TIME test on Friday
Explain in detail yesterday
No point discussing same points again
For short-term cycle to turn down markets have to close below a VIBRATION DATE low
Nearest VIBRATION DATE for this market is on Friday
So till then this rally should continue
On price front 16,660 is a (HEXAGON PATTERN) level
I would prefer NIFTY to test it, and then break 16,200 once this happens, it would signal, A classic HEXAGON breakdown
Once this activates the HEXAGON structure would signal, 15770 and 15,380 in coming weeks
All these things you should focus only if your view is for short-term
If you are a medium term trader, should leave for monsoon holidays
Come back on 1st,august
Till then need to relax
Similar traps happened earlier in January and April
Everyone knows what happened then
Whatever top NIFTY makes in near term should be the top for H2 for 2022

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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!

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