AOT APP (Gann square of 9 calculator) is available now both at google play store & IOS App store. This App is only for Intra day traders , who trades in FOREX(major currency pairs) / International Majors(Dow-Gold-Crude-Bitcoin etc)/ NSE (India)/ MCX (india). FREE TRIAL for 30 days. Try it to see the accuracy of Gann levels. To download go to the link below--
Avoid stop loss on closing basis as big intraday movement is happening everyday. Let the market stabilize first then use stop loss on closing basis. As a general rule Low risk traders should never use closing basis stop loss.They should rather act every time these important levels are crossed by error margin(read the instructions given above).
Last week I clearly wrote. As per Gann time analysis the coming week is a BIG PRESSURE WEEK. Which means a reversal in the current down move can happen anytime. Look at the chart. Nifty rallied almost 600 points from the low of the week. This is a classic example of Gann time and price rules. No system in the world can time the market so accurately or better than Gann system. Every Gann levels are important, however degree of effectiveness may vary from levels to levels. 10400 resistance did put some pressure and nifty corrected almost 100 points form intra day high. No problem for the market till it remains above 9950-10000 zone and 10900 to 11150 is the super strong resistance zone .
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 if nifty trades near 10350-380 zone and keep closing stop loss below 10340.
2)Go long if trades near the zone of 10125-150 and keep closing stop loss below 10120.
3) Go long near 9950-10000 and keep stop loss below 9940 on closing basis.
4) Go short near 10610 and keep trading stop loss of 30 points above this.
5) Go short if trades near 10700 and keep 30 points trading closing loss above this.
6)Go short if trades near the zone of 10840-890 and keep 20 points closing stop loss above 10900.
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 10370-10125-9967- 9830-9570-9450-9290-9180
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 10710-10780-10840-10890-11050-11180
As told earlier bank nifty is in stronger position technically and will show good strength above 26000.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
1)Buy if trades near 25400 and keep 50 points trading stop loss.
2) Buy if trades near 25050-25100 keep 50 points trading stop loss below 25000.
3)Buy if trades near the zone of 24550-24600 and keep 50 points closing stop loss below 24550.
4)Go short if trades near the zone 25900 and keep 50 points closing stop loss above this.
5)Go short if trades near 26320 and keep 50 points closing stop loss.
6)Go short near 27000 and keep 50 points closing stop loss.
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE 25400-25000-24500- 24250--24000-23600-23400-23000
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 25900-26000-26320-26550-26750-27050
Gann levels are very powerful and accurate. Both long and short trades given below has given superb profit last week. Look at the chart.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 if trades near 1220 and keep stop loss below 1210.
4)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:: 1220- 1180-1153-1120-1045
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1236-1245-1265-1310
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