NIFTY have broken DECEMBER low of 17,774 but NIFTY BANK have not! CHANNEL breakdown is placed below 17,680 on spot. As we discussed yesterday. Now with all respect to what happens in U.S. MARKET tonight, Whatever they do, either they goes UP or they go DOWN, the overall trend is not going to change, that’s firmly down and it will remain this way for few weeks! Yes if they rally, INDIAN MARKETS also can rally but that again would be an opportunity to sell. Let’s see how U.S. MARKETS behaves tonight. Better not to carry trades in anticipation of overnight price action!
NIFTY UPDATE
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! View all posts by SAAHIL BELIM
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