WDG_Dinesh_Gengarajan

NIFTY GANN Analysis

Short
NSE:NIFTY   Nifty 50 Index
The current trend is the resumption of down trend from 18887 on dec 1, 2022. This trend will continue till it reaches .236 levels (16210) of retracement ( from 7511-18887). Moreover this ongoing downtrend will be steep, consuming almost lesser time frames before the new uptrend emerges.



References:
1.wiz - leadbrains blog
Trade active:
The channelling for ongoing trend is also done in the main article, which is used to track the progress of the same...!
Comment:
Entering the trade by tomorrow @ 18690 levels & hold till .236 of previous trend is taken off (@ 16211 ~ 15675).
The tarde Duration will be around 1.5 ~ 2 months).

Regards,
WDG Dinesh,
Director,
Leadbrains
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