NIFTY Breaks Support, Bearish Trend Resumes

Gann INSIDES INDICES UPDATE 1 Minute

NIFTY’s breach of the critical support levels at 24,750-24,660 has signaled a renewed downward trend. Despite this downturn occurring amidst an incomplete retracement, we can anticipate a somewhat bumpy road ahead. Therefore, I recommend selling on rallies towards the 24,900-25,100 resistance zone. Potential targets for this bearish move include 24,350 and 23,900 in the coming days. Additionally, we expect volatility to increase significantly starting next week.

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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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