NIFTY Dips Below 23,900: Short-Term Outlook

Gann INSIDES INDICES UPDATE 1 Minute

NIFTY achieved our 2nd target of 23900 today. NIFTY’s decisive break below 23,900, as anticipated since mid-October, marks a significant turning point. Traders who’ve been short since late September should consider securing profits. While the current downward momentum is strong, a temporary pause at the 23,600 level is possible. A close above this level could trigger a deeper rebound. However, if 23,600 fails to hold, a decline towards 23,000 seems likely. Key dates for NIFTY’s next major cycle are November 8th and 11th.”

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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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