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We are going through a very critical time zone in Nifty as per Gann time rules. June 2019 is a huge Pressure Month. All long trades must be followed with strict stop loss and all corrections should be taken seriously. Nifty must make a new Life high and also should give a daily and weekly closing above 12110 to defy this time resistance zone. Any trade and close below 11700 can trigger further corrections.
Follow the trade setup as given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit(partial/full) booking levels . Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING
1) Go long if nifty trades in the zone of (11700-710)-(11600-11615)- (11400-11440 ) . Keep 20 points closing stop loss below these zones.
2) Go short in the zone (11980-12000)-(12070-12110). Stop loss 10 points above the zone.
3) Go long if Nifty closes above 12110 and keep closing stop loss below 12060.
Trend is up and keep buy on decline strategy near Gann levels. .
Follow the trade setups given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit( partial/full) booking levels .Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING.
1)Buy zone (530-532)- (517-521)- (509-511). Keep 2 points stop loss below each zone .
Trend is bullish . Keep buy on decline strategy near Gann levels..
Follow the trade setup as given below.
TRADE SETUP :
* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.
Profit booking levels are not given below as either you can book profit as per your risk appetite or you can treat all resistance and support levels given below as profit( partial/full) booking levels . Trend following and maximizing profit is an ART which is taught to all Gann students at ART OF TRADING.
1) Go long in the zone of (418-20)-( 410-12)-(401-405).Keep stop loss of 2 points below each zone.
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