MARKET UPDATE

STOCK MARKETS 1 Minute

NIFTY have created a very narrow range on both (TIME CYCLE DATES). This ideally means we would get Trending move ahead. Which perhaps could be on downside once 17,950 breaks on spot. It’s just taking more TIME, to complete formalities!
In textbook terms once MARKETS sustain below Todays Low, and protects 18,200 on upside, we would witness Decent decline which shall last Till 21st,NOVEMBER. Same set of rules will apply to (NIFTY BANK) as well!
For U.S. MARKETS yesterdays low would be very critical. A daily close below yesterdays low would eliminate possibility for a deeper pullback which I anticipated earlier. So things are very clear. Now it depends on MARKETS, at what point it triggers the plug, till then need to relax!

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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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