Blog

on 21 Jul 2018 14:33

AOT WEEKLY NEWS LETTER BASED ON GANN SYSTEM

(Please read the Risk disclosure, Disclaimer, Non-disclosure and conditions of use given below before proceeding any further)

 

 

23 JULY - 27ULY 2018

 

NIFTY SPOT :


As indicated last week , Gann Pressure date did apply lot of pressure in nifty and  it could not trade or sustain above previous week's high.Look at the chart above and see the accuracy of Gann levels. Nifty found support twice, on tuesday and thursday  last week  near 10905 Gann support level. Both time it provided a profit of more than 100 points. Trend will remain buy on dips till  nifty closes below 10900. Follow the trade setup as given below.

TRADE SETUP :

* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.

Trades given in blue colours are very powerful bullish trade and in red colours are strong bearish trades. 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 maximising profit is an ART  which is taught to all Gann students at  ART OF  TRADING.

1) Go short if nifty trades closer to 11200 and keep stop loss above 11220 on closing basis.

2) Go long if nifty trades near 10905 and keep  stop loss below 10870 on closing basis.

3)Go long if nifty trades above 11080. SL on closing below 11050.

4) Buy if trades closer to 10820 and keep a closing stop loss below 10770.

5) Go short if nifty trades near 11295 and keep closing stop loss above 11310.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 10905 -10815-10700-10550

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 11200-11300-11415-11630


BANK NIFTY SPOT: 


 

 Almost 500 points profit in long trade taken near 26600 on monday and  more than 400 points profit in short trade taken on wednesday  near 27160. This is the power of Gann system and accuracy of Gann levels. However  one sl was also hit  on monday but Gann traders always know the potential of profit in comparison to the small stop loss.Follow the trade set up as given below with strict discipline.

TRADE SETUP :

* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.

Trades given in blue colours are very powerful bullish trade and in red colours are strong bearish trades. 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 if trades closer to 26600 and keep closing stop loss below 26550.

2) Buy if closes above 27200 and keep closing stop loss below 27150.

3) Go short if trades near 27160 and keep 50 points closing stop loss above this level.

4)Go short if trades closer to 27650 and keep closing SL above 27700.

5) Go long if closing is above 27700 and keep closing stop loss below 27600.

 

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE  26600-26425-26000

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::27170-27660-28000

 

GOLD LONDON: 


 After breaking the crucial Gann support zone it went very close to the next support near 1205. Gold made a low of 1211 and a good 20 points bounce from there. Trend remains week and sell on rallies are better trade now.


TRADE SETUP :

* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.

Trades given in blue colours are very powerful bullish trade and in red colours are strong bearish trades. 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 short if trades near 1245-1250 zone and  keep trading stop loss above 1252.

2) Buy if trades closer to 1180 and keep closing stop loss below 1170.

3) Buy if trades closer to 1205 and keep trading stop loss below 1195.

4) Go short if it trades near 1266.  Keep 10 points closing stop loss above this level.

5) Go short if trades near 1288 and keep 10 points closing stop loss above this level.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  1205-1180-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1245-1266-1288-1315

 

 

 

  • IMPORTANT TRADING RULES::
     
    PLAN YOUR TRADE THEN TRADE YOUR PLAN.

    ALWAYS TRADE NEAR  GANN  LEVELS TO MINIMIZE RISK.

    NEVER BE RIGID IF SUPPORT & RESISTANCE LEVELS ARE BROKEN.

    NEVER TRADE WITHOUT STOP LOSS.

    PUT STOP LOSS IN THE SYSTEM NOT IN MIND.

     
    Risk disclosure, Disclaimer, Non-disclosure and conditions of use
     
    Art Of Trading(AOT)/ RRR PROFIT is an educational organization and its founder Shyamal Ranjan Sinha  intends to educate you on techniques and/or analysis and/or hypothetical trading strategies associated with W.D.GANN principle and other forms of market analysis. You have a unique opportunity to learn from the experiences and techniques taught by Shyamal Ranjan Sinha. However, the News Letter/ tutorials do not, and should not be implied to, provide that any level of success or profits shall be attained or realized as a direct result. This is an information service only
     
    AOT / RRR PROFIT, its managers, members, employees, agents, representatives, attorneys, successors and assigns, and affiliated companies (collectively the AOT / RRR PROFIT group. assume no responsibility, obligation or liability for any loss or expense which may be incurred as a result of the utilization of the instruction provided during the seminar, workshop or in the tutorial. By your execution of this Risk disclosure, Disclaimer and conditions of use agreement (RDD) you are agreeing to the forgoing and you waive any such responsibility, obligation and liability on the part of the AOT / RRR PROFIT group. Constituents? parties of the AOT / RRR PROFIT group may be a broker or dealer or a member of any stock exchange or any other security exchange and also may be registered with any regulatory agency. However, when acting as constituent of the AOT / RRR PROFIT group they do not assume any of the other roles they may play individually. The services provided by the AOT / RRR PROFIT group are for the soul purpose of education/ or entertainment.
     
    By your execution / reading of RDD agreement you hereby acknowledge and agree to the following : (a) The AOT / RRR PROFIT group has not made any representation, or warranties of any kind whatsoever that your trading activities will result any profits: and (b) You acknowledge and agree that all trading decisions that you make hereafter shall have been by means of your sole determination and not by means of the assistance of the AOT / RRR PROFIT group: and (c) Trading can involve high risk with the potential for substantial losses and (d) Seminar/Workshop/Course/News Letter fees are nonrefundable.
     
    Non-disclosure agreement
    .
     

    By reading this agreement you agree that no part of any publication or information received from the AOT / RRR PROFIT may be reproduced, stored in retrieval system, transcribed or transmitted in any form by any means, electronic, photocopy, mechanical, recording or otherwise with or without the prior written permission of AOT / RRR PROFIT.. This copyrighted material is for your personal use only and you cannot assume ownership of the same.