NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY is waiting for NIFTY BANK to join it on downside. Looks like events are not enough to move this market on either sides. Going forward there is slight change on criteria, for near term reversal.
VIBRATION PATTERN breakdown remains at 18,480 on spot. But on TIME front we have next (TIME SQUARING) date tomorrow. So our reference level for higher degree reversal would shift higher from 18,133 to tomorrows low.
A daily close below tomorrows low would begin the process for larger reversal. If markets does not close below tomorrows low, then this TIME consuming process will continue till 18th,DECEMBER. Very low possiblity that markets continues this way till 18th, but something has to happen starting Tomorrow!

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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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