NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY better holds the print of 18,644 on spot, to maintain this uptrend in its current form. Break of 18,644 would not signal a reversal, but would reduce the MOMENTUM on upside. The break-up for (NIFTY) is very intresting. BANKS at any cost have to move higher!
Because 42,900 is very important for NIFTY BANK. A daily close below 42,900 on cash will put this INDEX in week position. On TIME front, on MONDAY this INDEX will hit important geometrical angle from MARCH lows!
Not only NIFTY BANK even NIFTY AUTO would hit that angle, infact anything which made low on 8th,MARCH would be at inflection point!
For NIFTY short term setup will turn bearish once zone of 18,450-18,550 breaks on spot. TIME VIBRATIONS will get stronger below 18,550.

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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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