June 2019 is a huge Pressure Month. All long trades must be followed with strict stop loss and all corrections should be taken seriously.
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We are going through a very critical time zone in Nifty as per Gann time rules. June 2019 is a huge Pressure Month.
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Last week nifty attempted a new life high and closed 8 points above the crucial Gann resistance zone . It seems that this move was not a genuine breakout and so it came below the zone next day immediately
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Last Friday you all must have got almost 200 points profit same day as Nifty corrected exactly from Gann levels as suggested below.
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Big rally in NIFTY was witnessed last week on account of exit poll and sweeping victory by BJP on 23rd. Long position in 11200 call must have rewarded you handsomely
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Those who have bought 11200 call option as suggested previous week must be in good profit now and those who have carried forward position can hold it till Nifty trades convincingly below ..........
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So finally we have seen the power of Gann Pressure price zone effect in Nifty. More than 600 points correction from the top ......
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For the last two weeks I am clearly indicating to avoid long trade in Nifty in the zone of 11760 to 11870 as this is big Gann pressure price zone
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The power of " Pressure price zone" was clearly visible last week. Nifty was unable to cross this zone and corrected exactly from Gann pressure price zone.
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Last week I clearly indicated regarding " Pressure week and Pressure price zone. Nifty was unable to make new high and so we witnessed some correction.
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