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on 10 Nov 2018 15:54

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)

 

 

12 NOV-16 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 :


   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).

Nifty remained in a narrow range last week but  Gann levels are always effective. 10610 was Gann resistance level and nifty corrected from this level at least three times and this level still remains to be breached . Since last week was a truncated trading week , so we missed the shorting opportunity near 10700(trade setup) but sgx nifty did go near 10700. Effectiveness  of Gann levels are clearly visible. Nifty may remain sideways to downward  if 10610 or 10700 levels are not broken convincingly. No problem for the market till it remains above 9950-10000  support zone .10900 to 11180 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 10480 , and keep trading stop loss below 10460.

2)Go long if trades near the zone of 10200-220 and keep closing stop loss below 10190. 

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::  10370-10210-10125-9967- 9830-9570-9450-9290-9180

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::  10620-10710-10780-10840-10890-11050-11180


BANK NIFTY SPOT: 


 

It was an extremely dull week for bank nifty as we traded only for 3 days. 25500 and 25950  to act as breakout levels for it.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  25320  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  25500-25320-25000-24500- 24250--24000-23600-23400-23000

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 25900-26000-26320-26550-26750-27050


 

GOLD LONDON: 


 Superb profits were made in Gold last week by going short as per the trade setup given below. Substantial closing below 1210 will open more downside.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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