MARKETS have responded well to its major CYCLE date of 1st,AUGUST. S&P ofcourse have held its support level of (4487) but NIFTY broke (19,562) convincingly yesterday. We have discussed downside target objectives on 27th,JULY. According to that (19,375) is our primary target. SETUP have certainly turned as sell on rise until and unless spot avoids a daily close above 1st,AUGUST highs. For near term PRICE and TIME both are indicating some PAIN.
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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