NIFTY have extended its rally holding (19,350) on spot. This was the point we were trying to make last time that, (dispite structure for NIFTY is complete it does not necessarily means that MARKET would fall). Atleast not until the supports are held. Currently the level have shifted higher from (19,351) to (19,562) on spot. As long as (19,562) is held, every dipp should be bought. TIME wise we discussed 14th,JULY as very critical date. As long as MARKETS stays above the intraday low of 14th,JULY,this move should continue till 1st,AUGUST. This applies for U.S. MARKETS as well. In case that low breaks MARKETS would enter the pullback phase, we shall discuss that when it happens.
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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