NIFTY UPDATE

As suggested in morning utilize bounce to get out of long trades. NIFTY gave a decent bounce during the day and now trading at lowest point of the day as well as week. Coming week also promises to favour bears. Because price cycle doesn’t suggests any strength

NIFTY SL HIT

NIFTY has broken 11360 to 11390 support zone this morning so the long trade has been kicked away by markets. So need to respect that. Also today is a Gann date as mentioned yesterday. Whole next week is also very important so expect these kinds of voletile moves in coming days as well. So utilize bounce to get out

NIFTY approaching Gann date

NIFTY have a dimensional support in the range of 11360 to 11390 according to both triangle and vibration pattern. So it should be bought on dipps for higher targets of 11715 and 11887 on spot in coming days. Very Important Vibration day Tomorrow for all markets.

Not only Tomorrow the whole next week would be extremely important. Alot happening next week as per time cycles which could set the tone for next few weeks

NIFTY Target Achiebed

Dear Gann lovers chase the price cycle for regular profits in short term. Because Time takes it’s time to give proper signal. Meanwhile NIFTY achieved the first target on downside of 11392 on spot. If Price turns bearish you have to follow it without stressing your mind. Need to follow the basic cycle and act accordingly no matter if cycle turns its direction in an Hour or a minute just chase it and you would end on a winning side keep it simple. And yes it still remains a Gann Theory for normal traders like me

NIFTY Update

NIFTY today achieved the mentioned Target of 11725 on spot. Supports now shifts higher to 11540 and target remains at 11900 which was mentioned above 11725 This is a market for high risk traders which so far trending on a singal way which is up. But at 1 point this easy and greedy longs would be challenged by Markets. Though it doesn’t mean to attempt any short trades until supports are held as Gann traders we are not allowed to go against the trend. But we can stay alert by reducing our trade positions or shifting to options. Until its strong need to go with the trend.