NIFTY with todays BEARISH outside BAR could find it challenging to print fresh highs. Since NIFTY took out (18,458) in MAY it is rising in a MATHEMATICAL sequence. It has been moving up with fixed VIBRATION rate so to break that PATTERN INDEX have to print (19,562) going forward. Once that breaks we should get a dipp or correction towards (19,375) and (19,140) immediately ahead. There is also a risk for a (HEXAGON) breakdown for NIFTY if that close a session below (19,430) so do take note of these levels. Globaly also activity should pick up. Tomorrow on july 28th, all U.S. INDICES would hit an extremely important TIME resistance from October 2022 low. We are watching 4487 on S&P cash as key reversal level. Watch out!
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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