AOT WISHES A VERY HAPPY & PROSPEROUS 2021 TO ALL TRADERS AND INVESTORS
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Gann Price Time rules indicates that coming week for Nifty is an extremely important "PRESSURE WEEK" and is very very crucial. So take seriously all price corrections from here. Short term traders keep following the Gann levels given below in the trade setup.
F&O TRADERS- I indicated last week that I am still holding some quantity of March 13500 put and I WILL ADD MORE PUTS( 14000 march series) IN THE COMING WEEK. These are high risk high gain trades as No STOP LOSS is required.
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 (13840-13860)-(13600-13630) -(13130-13160)-(12940-12970). Keep 20 points closing stop loss below these zones.
2) Go short in the zone (14050-14090)-(14150-14170)-(14350-14450). Keep Closing Stop loss of 20 points above this zones.
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