NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY and NIFTY BANK: are standing at critical resistance
2,days back at 17,920 I posted that we are close to complete this move, atleast for now
No matter if it keeps going up, without a dipp, it makes no sense
To chase or short this market
The character of next dipp would give more clarity for next move
With respect to individuals view on markets
Whether long or short
Whatever your view is, for short term it’s time to be more watchful
Today being a TIME SQUARING date
Possiblity is with todays high, NIFTY may square out PRICE
But the conformation would come only below 17,800 on spot
Until 17,800 holds the pattern wont activate
So 1 number holds the key for next week; that’s 17,800

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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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