NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY; with rest of other MARKETS would face a test of TIME next week. On 6th february we have (VIBRATION DATE) and on 7th, we would have (HEXAGON CYCLE) date. Basically the low of 6th would be important for all MARKETS since we are looking for other GLOBAL MARKETS to join us on downside. If other markets keeps going up 1-2% on daily basis then for (NIFTY) it would get tough to make fresh lows for short term atleast. At best it can stay in a range for now.
NIFTY continues to have strong resistance closer to 18,000-18,200 we still prefer to add fresh shorts on higher levels for downside Targets of 17,150 and 16,855 on spot.

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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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