Last week I clearly indicated that any close above 11720 will indicate further strength. Nifty could not sustain above this level and some correction followed from there
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Nifty is in bullish zone as indicated last week. Keep buy on decline strategy .
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BPCL Trend is up. Keep buy on dips strategy near Gann levels as per the trade set up given ......
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Nifty went very close to but could not cross above the first Gann resistance zone of 11605-11625 and collapsed from there. However all the important support levels......
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Nifty remained in a narrow zone last week but buy on dips strategy worked well. Keep buy on decline strategy near all Gann levels in Nifty this week also.
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You all are aware what happened last week esp. on Friday. Read again what I wrote last week -"It looks like that now bulls are coming back as Nifty has found strong support near Gann levels and think of major weakness only when Nifty closes convincingly below AUG 2019 low".Gann levels are powerful-accurate and always respected by all markets world wide.
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It looks like that now bulls are coming back as Nifty has found strong support near Gann levels and think of major weakness only when Nifty............
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NIFTY bounced exactly from the Gann support level near 10770 and the major support zone is still valid . Think of major weakness only when Nifty
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Nifty corrected almost 275 points exactly from the Gann resistance zone as given last week .All Gann students and subscribers are always encouraged to take such trades where reward is maximum and risk is minimum.
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For the last few weeks I clearly indicated that a very strong Gann support exists in the zone of 10700 to 10850. Think of weakness only if Nifty closes below 10700 convincingly
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