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Nifty remained in a narrow zone last week but buy on dips strategy worked well.
Keep buy on decline strategy near all Gann levels in Nifty this week also.
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 (11410-11420)-(11340-11370)-(11200--11225). Keep 20 points stop loss below these zones.
2) Go short in the zone (11605-11625)-(11690-11710). Closing stop loss 20 points above these zones.
Trend is up. Keep buy on dips strategy near Gann levels as given below.
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 ( 438-440)-(428-435)-(421-424) . 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 (1820-1825)-(1790-1795)-(1720-1730).Keep stop loss of 5 points below each zone.
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