NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY stretching this bounce as anticipated yesterday. 17,750 is a key level to watch. For a textbook reversal both on PRICE and TIME; NIFTY have to take out the high of 17,992 printed on 19th,Aug!:
If it fails to do; then level of 17,100 should come till 1st week of September. 2,days back I posted NIFTY would give a SQUARING PATTERN breakdown if it closes below 17,550 but that dint happened!:
As long as SQUARING PATTERN stays sideways; NIFTY would keep swinging both ways in this 3% band!”

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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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