NIFTY is searching for a TOP, it’s in its final stages of this counter-trend-advance from MARCH lows. But we still need some PRICE evidence which confirms our view, we are watching level of (17,491) very closely. Once spot breaks (17,491) we would be convinced that fresh leg lower have resumed, need to wait until that happens. From TOMORROW, MARKETS would face test of TIME. We have a very critical TIME CYCLE date Tomorrow. For MARKETS short-term TIME CYCLES would turn BEARISH once they sustain below Tomorrows LOW. Watch-out for Tomorrow’s low very closely. As I have mentioned in past, we get rapid downsides only when short-term TIME CYCLES are BEARISH. So if you are looking for immediate decline wait for MARKETS to sustain below tomorrow’s low. Lets see, this week would be important for MARKETS globally.
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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