NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY achieved another Target of 17,166 today! TIME to take majority profits here! And wait for bounce to re initiate shorts! Things would get wild here so need to stay carefull!
U.S. MARKET would point towards some pullback in next 2 days, so that could provide some breathing space to markets! For NIFTY final Line of support is at 16,750-16,850 on spot!
Good bounce possible if this holds, if doesn’t then?… PRICE structure of NIFTY have damaged considerably! Patterns like HARMONIC CHANNEL and HEXAGON are pointing extreme pressure ahead! More on that later!

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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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