NIFTY UPDATE

Gann INSIDES INDICES UPDATE 1 Minute

As discussed on last Wednesday a move above 22350 would eliminate all bearish options for short term.
and on last Thursday in a dramatic last hour surge we saw NIFTY moving above 22350.

Since then  we have seen INDEX moving up steadily.
And most likely its again marching towards all time high territory of 22800 on spot.

on downside support stands at 22300 on spot holding 22300 NIFTY is likely to trend higher.
If in case 22300 breaks then we could again see INDEX testing levels of 22100 and 21900  in few days.

On TIME front  this week we have one natural cycle date for INDIAN and U-S-INDICES which would be on 24th,MAY.
Specially for U..S MARKETS 27th,may is going to be vary critical TIME CYCLE DATE.

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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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