NIFTY UPDATE

Gann INSIDES INDICES UPDATE 1 Minute

NIFTY is getting really intresting.
  irrespective of PRICE. the more important thing is the TIME CHANNEL in which NIFTY has been trading since JANUARY of 2024.
 
  within this CHANNEL  NIFTY has been making fresh highs after every 22-25 days.
  the last high for NIFTY was Registered on 1st,august  so adding 25 days from there takes us to 26th, august so if NIFTY manages to print a fresh ATH  till 26th or the27th of august  then everything would continue to stay fine.

but if this time pattern breaks then that won’t be a healthy sign for the overall uptrend.
Lets see. Hold on till SEPTEMBER if you wish to make major trades on INDICES. because the ultimate action actually lies in SEPTEMBER and OCTOBER for a major trending move.
For short term yesterdays low of 24522 would be a critical support.

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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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