Author: 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!

NIFTY UPDATE

Go easy on NIFTY. Patterns which earlier kept expanding on upside;now they are continuing their Expansion on downside! Tomorrow is a HARMONIC,DATE and next week would be a VIBRATION,WEEK for INDIAN MARKETS:This week was critical for U.S. MARKETS we already saw a significant,move there on downside! Better not to take aggressive shorts before a VIBRATION,WEEK and an event of BUDGET! NIFTY have a breakout placed above 18,022/18,066 on spot. Watch,out for that on upside! If NIFTY fails to cross the zone on upside it could test 17,655 on downside!

NIFTY UPDATE

NIFTY,Broke 18,000. Which was expected! The TRIANGLE showed it yesterday,afternoon. Going forward avoid longs for now. At least until NIFTY stays below 18200 on spot! After a massive rally allow the market to cool,off. The PATTERNS are bit tricky now! Watch,out for 17800 on downside. Which is a SQUARING,PATTERN support on closing basis. The pain could extend below that!

MARKET UPDATE

TOMORROW IS IMP,TIME,CYCLE,DAY. So dont take aggressive Trades on either side! NIFTY is coming down from a dead,zone in,a,circle. Which is not a good,sign! Next leg of rally would take place once NIFTY closes above 18,360 on spot! Till then be careful and watchful for near,term! NIFTY could break its support of 18140. If it closes below yesterday’s low!

NIFTY gearing up to break 18000

NIFTY UPDATE

NIFTY Has Expanded;its;TRIANGLE&HARMONIC:PATTERN Today! HARMONIC,PATTERN supports now stands at 18140,on,spot. As far as,it,holds setup remains buy on dips! In,a,CIRCLE NIFTY is in a dead,zone but a daily,close above 18,360 would provide fresh SQUARING,PATTERN Breakout whose Targets,would,be 18,600 on spot!

MARKET UPDATE

Important Week for Markets not only for,(INDIA) but for (U.S) as well! (U.S) Markets finally could give a decisive move on either side. Because for them this week would be a HARMONIC,WEEK! ON (NIFTY) VIBRATION,PATTERN supports have shifted Higher on Friday! THE VIBRATION,PATTERN:Support now stands at 18,050 on Spot! And (TRIANGLE) support continue to be at,18,000. As long as these supports are Protected the setup remains,very,strong! FOR (NIFTY) this is a Best,Chance to Break the High of 18604 made,in,October,2021! Till 27th,January which would be next (TIME,SQUARING) DATE FOR (NIFTY)! SO would watch for that Closely. (NIFTY) had made Quarterly,Highs since April,2020! So going forward we expect the Pattern to continue! But in,case the (U.S( Markets starts correcting then the new high would be delayed by few weeks. HARMONIC,CHANNEL setup in (U.S) is bit Tricky! (DOW) needs to break the HARMONIC,CHANNEL resistance of 36,560. On upside to re,test its Highs! (NASDAQ) has to cross 15410 to come,out,of,the down,trend! Above 15,410. (NASDAQ) can test 15,935. and 16,450. on Higher,Side! (S&P) HAVE a Fine,Setup it just have to sustain above 4,675. If it Manages that 5,000. Is not so far here! (S&P) is the only INDEX which can help the other 2 INDEX to regain their strength! So watch,out for the levels! So let’s,see how it goes!