AOT WISHES A VERY HAPPY & PROSPEROUS 2021 TO ALL TRADERS AND INVESTORS
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LAST WEEK WE SAW A PANIC ONE DAY CRASH OF MORE THAN 600 POINTS IN NIFTY . THIS WAS JUST A TRAILER AND BE PREPARED TO SEE MANY MORE SUCH PANIC IN NEXT COUPLE OF MONTHS.
FOR THE LAST ONE MONTH I HAVE BEEN CONTINUOUSLY ALERTING ALL INVESTORS TO KEEP 90% CASH IN HAND AND WAIT FOR THE RIGHT OPPORTUNITY IN 2021 TO RE-INVEST.
F&O TRADERS- I HAVE ADDED MARCH 2021 NIFTY 13500 PUT @385 LAST WEEK AND WILL HOLD THIS TRADE WITHOUT STOP LOSS.THIS TRADE IS SUITABLE ONLY FOR THOSE WHO ARE AIMING FOR A VERY BIG PROFIT AND ALSO READY TO TAKE HIGH RISK. I WILL ADD MORE PUTS( march series) IN THE FIRST WEEK OF JAN 2021.
TRADERS -Follow the Gann levels and 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 (13100-13150)-(12900-12960) -(12730-12790)-(12400-12450). Keep 20 points closing stop loss below these zones.
2) Go short in the zone (13760-13780)-(13880-13920)-(14140-14170)-(14350-14450). Keep Closing Stop loss of 20 points above this zones.
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