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on 03 Nov 2018 16:33

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)

 

 

05 NOV-09 NOV 2018

 

IMPORTANT ANNOUNCEMENT:


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--

AOT APP: iOS application

AOT APP: Android application


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 :


  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


BANK NIFTY SPOT: 


 

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


 

GOLD LONDON: 


 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

 

 

 

  • 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
     
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