NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY tested genuine supports Yesterday,
Level of (17,035) was very Important in broader context,
We broke that Yesterday, so things are going to get more ugly which further validates our BEARISH outlook on MARKETS for MEDIUM term,
Note the phrase (MEDIUM TERM) !
Todays bounce seems a week bounce,
Anything which stays under (17,240) would be considered as a week bounce.
Above (17,240) things should go neutral for short-term.
BANKS are more week,
NIFTY BANK should test (38,100) and NIFTY (16,800) in near term,
Lets see.

Unknown's avatar

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!

Published

Leave a comment