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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There is no change in the view that a very strong Gann support exists in Nifty . Think of weakness only if Nifty closes below .............
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Last week we clearly indicated that a very strong Gann support exists in the zone of 10700 to 10850. Look at the chart and see yourself that Nifty rallied more than 400 points exactly from Gann support zone.
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We clearly warned that bulls will be troubled once nifty is below 11200. Nifty made a panic low of 10848 and closed around 10997.
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Techm trend is weak and down. Keep short on rise strategy near Gann levels as given below. .......
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No change in view or levels in Nifty.Bulls have last hope in the Gann support zone of ............ If Nifty closes below this support zone then it will be another warning for bulls
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Just read past several week's news letter and see how many times I mentioned regarding JUNE 2019 being a pressure month for NIFTY. Look at the chart now and see yourself , how powerful is Gann system and its time rules. The present decline is not at all a surprise for Gann students.
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Those who went short in Nifty on union budget day near Gann levels as per the trade setup , must have made good profit last week.
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Gann pressure month June 2019 did not allow any substantial rally in Indian markets even though the international markets were on fire. Now we are entering a very crucial phase
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June 2019 is a huge Pressure Month. All long trades must be followed with strict stop loss and all corrections should be taken seriously.
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