NIFTY is about to end its BULLISH CYCLE today which started from 14th,JULY. We have continuously discussed 1st,AUGUST as an extremely important TIME CYCLE DATE, not only for NIFTY, TIME CYCLES are pointing a near term reversal for other global markets as well. Once MARKETS breaks critical levels we shall witness the PRICE correction to begin. Until then INDICES are likely to consolidate further. For NIFTY (19,562) and for S&P;500; 4487 continues to remain key support levels. Let’s see how long it takes for MARKETS to break these levels. As analyst we can expect anything, but as a trader we have to wait for conformation before we pull the trigger.
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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