Index is near the much awaited 22500 and may probably hit it today. This completes an annual cycle on Nifty 50 both price wise and time wise in the near future. The concept of Lost motion will come into play hereafter which needs to watched carefully. Timewise we near in the annual cycle completion with nearly 2 weeks to go. We will be completing 4 years of rise at that time period which is one third the twelve year time cycle. One third being the triangle in Gann Theory will be interesting to watch ahead. It's been a fantastic journey for last 20 years of Gann Study on a personal level.
Intraday the levels to be watched are 22462 and 22537 as a range with breakout or fakeouts on either sides. Play the range and both Fakeouts or Breakouts to your advantage and make some profits with your trading skills using the levels given.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the programme for this opportunity to use it freely to express our ideas to the community of traders.
Intraday the levels to be watched are 22462 and 22537 as a range with breakout or fakeouts on either sides. Play the range and both Fakeouts or Breakouts to your advantage and make some profits with your trading skills using the levels given.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the programme for this opportunity to use it freely to express our ideas to the community of traders.