NIFTY 50 GANN ANALYSIS FOR JULY 2024 MONTHLY EXPIRY

Nifty 50 index is hitting Highers Highs after 26 Oct 2023 lows at regular intervals with the low coming in at 16828.35. Actual swing low was 17 June 2023 at 15183. From there we got a 6 month Top at 18887.60 on 1 Dec 2022. There after we got a 3 month correction to 16828.35 on 20 March 2023. Next was a 4 month Top at 19991.85 on 20 July 2023. Next was a correction of 3 months at 18837.85 at 26 Oct 2023 Lows. There was an intermitent Top at 20222.45 which was a bull trap in cycle theory just 300 points above the old top called "Lost Motion " in Gann Theory.
Next Top came in at 23338.70 a 7 month and 7 days Top on 03 June 2024. We had a mini crash in 1 day correcting the cycle back to 6 months Lows. After that has been a smooth ride to ATH forming at 24401 on 04 July 2024. 24100 was the Price squaring Level with 300 points Lost motion seen. Current High squares the recent low of June 04. 25500 is Time resistance for July 2024 expiry.
Happy Trading !!!