Yesterday, NIFTY tested the 24,510 resistance level but was unable to sustain the momentum. As long as the index remains below this level, it suggests that the recent rebound may have peaked.” On downside The 24,100 level is a crucial support level. If this level is breached, a retest of the 23,800 and 23,600 levels could be on the cards in the coming days.” Given the current market conditions, high volatility is expected. It’s advisable to exercise caution in your trading decisions.”
NIFTY’s Rebound Falters: 24,510 Resists
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! View all posts by SAAHIL BELIM
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