NIFTY BANK View

STOCK MARKETS 1 Minute

NIFTY;BANK posted the lower low on weekly scale! I expected it to happen, and it finally has happened! Posted clearly on Tuesday afternoon when it was Trading at 41,500! A lower low in a pattern week, has turned weekly cycles Bearish here!
The last ship standing for bulls is finally ready to sail! Nothing will happen overnight, but from here weekly cycles have linked to yearly cycles, which have been Bearish! Matter of TIME, MARCH low of 32,155 will break going forward!
PRICE will take its TIME, but will go there! For near term would be watching for 39,025 and 38,100 as possible Targets within 2,weeks! Bounces will come and go!

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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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