NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY certainly is on edge on an expiry day, things could well set for a crazy last hour move on either sides.
We have consistantly emphasized that strongest resistance for NIFTY continues to persist in zone of 19600 to 19800 on spot.
We have yet again entered in that resistance zone.
Let’s see how things goes.
So far NIFTY has been resilient against the sell off in global markets.
Can it stay this way? Need to see.
For a complete REVERSAL NIFTY needs to close above 19800 and also have to print 19883 as long as we stay under these levels,
We prefer to stay with the primary plan.
Levels are so nearby,
Hens the risk has to be managed.

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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!

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