Blog

AOT Gann Weekly News Letter (India) 27-31 AUG'18
By Art of Trading
on 01 Sep 2018 13:47



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)

 

 

27-31 AUG 2018

 

NIFTY SPOT :


No change in Nifty major trend as of now. Short term corrections are part of the game. Maintain the strategy of  buy on dips near Gann levels. Since the trend is up so all short trades given below must be monitored with strict stop loss. 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 long near 11350 and keep 30 points closing stop loss below this level.

2) Go long if nifty trades in the zone of 11165 -11200 and keep  stop loss below 11150 on closing basis.

3)Go long in the zone 11050-11020. Keep closing stop loss below 11000.

4) Go short if trades in the zone of 11610-11625 and keep closing stop loss above 11650.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 11340-11230-11165-11050-10905 -10550

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 11630-11740-11845-11955-12065


BANK NIFTY SPOT: 


 

 Short trade in Bank Nifty above 28300 has given very good profit last week.  Trend remains bullish till it closes below 27700.No change in levels or views.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)Go long if trades near 27750. Keep 50 points closing stop loss.

2)Buy if trades closer to 27605 and keep 50 points closing stop loss below this.

3) Buy if closes above 27330 and keep closing stop loss below 27300.

4)Go short if trades closer to 28370 and keep trading stop loss above 28420

 

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE  27750-27600-27300-27200-26900-26600

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::28370-28750-29450-30130

 

GOLD LONDON: 


 No change in major trend of Gold. Short term trend indicates some more upside till it closes below 1180.Follow the trade setup 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 maximizing profit is an ART which is taught to all Gann students at  ART OF  TRADING.

1) Go short if trades near 1230-35 zone and  keep trading stop loss above 1245.

2) Go short if it trades near 1260.  Keep 10 points closing stop loss above this level.

3)  Go long near 1185 keep 10 points trading stop loss.

4) Go long near 1155 and keep 10 points closing stop loss

5)Go long near 1125 and keep 15 points closing stop loss.


MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  1180-1153-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1215-1228-1265-1310

 

 

 

  • 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.

     

    Categories