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)

24-28 SEP 2018

Please Note:

Some times markets have exceptional  and unanticipated movements which are not covered in the trade setups given below. In such case note down the support/resistance levels given in red color. These levels are role reversal levels (support becomes resistance and vice versa). It means you can go both long and short near these levels depending upon which side markets are trading and closing. Keep stop loss just above or below these levels on closing basis with some error margin allowed(error margin almost 10 points for nifty and 25 points for bank nifty) . Closing stop loss is only for high risk traders. Smart and low risk  traders can act on breach of levels with error margin.

NIFTY SPOT :

Rumor of ILFS problem created huge  and unexpected panic in the market. However as per my analysis the bottom made by nifty is an aberration as nifty could not stay at those rates even for 5 minutes. So the coming week becomes very important with regard to the major trend. Any closing below 11000 will definitely indicate a loss of strength and the major trend will become sideways from bullish. To show good strength nifty must trade and remain over 11205 on closing basis.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 the zone of 11140-11160. Keep closing stop loss below 11130.

2)Go long near 11000 and keep trading stop loss below 10080.

3)Go long near 10850  and add more till 10780 and keep closing below 10760.

4) Go short near 11205 and keep closing  stop loss of 20 points above this. If stop loss is hit reverse your trade and go long with SL below 11160.

5) Go short if trades near 11350 and keep trading stop loss above 11370.

6)Go short if trades near 11460 to 11520 and keep closing stop loss 11540.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 11140-11000-10850 -10780-10550-10370-9950

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 11205-11315-11350-11525-11630-11760-11845-11955-12100

BANK NIFTY SPOT: 

Last week we clearly wrote that Bank nifty trend was weaker as compared to nifty. So no surprise  but panic was over done. But even in condition of panic see the accuracy of Gann levels. Look at the intra day  chart(bottom one) above and see yourself how beautifully the level 26000 and 25200 has worked. 26000 level was given in red colour meaning role reversal. It means support become resistance. Huge intra day profit was made  if you would have followed these levels properly.Follow the trade setups given below and additionally monitor the role reversal levels.

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 in the zone of 25000-25200. Keep 50 points closing stop loss below 25000.

2)Buy if trades near 24460 and keep 50 points closing stop loss.

3) Buy if trades near 24000 and keep 50 points closing stop loss.

4)Go short if trades closer to 26000 and keep 50 closing stop loss above 26000.

5)Go short if trades near 26700 and keep closing stop loss above 26760.

6)Go short if trades near 27200 and keep 50 points trading stop loss.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE   25200-25000-24740-24460-24000

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::26000-26200-26750-27000-27300-27765-28370-30130

GOLD LONDON: 

  No change in Gold levels as it is still playing in the range of Gann levels. 1215 and 1180.Short term trend is up but major trend is still down, so all long trades must be followed 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 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 :: 1215-1228-1236-1265-1310

• 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.

   
•