NIFTY UPDATE

STOCK MARKETS 1 Minute

NIFTY with the break of 19,491 have ruled out the possiblity of an extended rally.
We had kept this marker of 19,491 to validate our bearish view,
Now when it has broken the next ideal Target on downside would be the low of 1st,SEPTEMBER.
Before that 19,380 is also a PATTERN Target which is based on PRICE.
A rally towards 19,800 would had been a perfect apportunity to pile up shorts for NOVEMBER series.
but it missed that,
not by a wide margin but still the bounce ended beloe our expected level of 19,800.
As we discussed on FRIDAY,
2nd half of this week is extremely critical.
Not only for INDIAN MARKET but for U.S. MARKETS as well.

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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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