NIFTY have posted a new high for the month which should not come as a surprise. Yesterday we expected a decisive move to kick in either today or on MONDAY. Since supports were held there was this possiblity of an upmove. this rally should only be a 1,or,2,day affair but wait for market to signal that. Earlier I posted a Technical reason why NIFTY cannot make a fresh record high, that also has to be considered before we get more exited. So there is a fare possiblity that this rally should fail in mids of new highs. On NIFTY BANK I already posted yesterday lets give that more time to cross 44,152 on cash. We have now entered in june series and this series is known for good amount of volatility which provides decent trading opportunities. At least month of june wont be as dull as MAY
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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