Bullish Bias in NIFTY, but IT Sector Could Spoil the Party

Gann INSIDES INDICES UPDATE 1 Minute

NIFTY is still consolidating, and this consolidation has been happening with a positive bias. I expect NIFTY to continue this way for a few more days. If something goes wrong, it will likely be from the IT sector. Still holding 24,750 and 24,660 on spot. This pullback should continue towards 25,300-25,400 before turning lower. A turn is due in any case, but a turn after some more pullback would be more ideal.

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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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