Blog

on 05 Jan 2019 20:59

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)

 

 

07-11 JAN 2018



AOT WISHES ALL SUBSCRIBERS A VERY HAPPY & PROSPEROUS 2019

 

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).

Buy on dips trend is intact till nifty closes below 10520.  As I mentioned last week that upward journey has many road blocks , so be prepared for a bumpy ride.So plan your trade accordingly.

Follow the trade setup as given below.

TRADE SETUP :

* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.

 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)10625-10530-10490-10330-10200-9950 are support levels. You can plan to buy near all these levels and  keep 30 points stop loss below each levels. Only high risk traders can keep stop loss on closing basis. Give special attention to the levels given in the RED colour below. Going short is allowed if these levels(red coloured) are broken convincingly.

2) 10780-10940-11050-11180 -11465 are resistance levels. Go short  if trades near these levels and keep 30 points stop loss above each levels.Only high risk traders can keep  closing  stop loss. Give special attention to the red coloured levels given below. You can go long above these levels on convincing break and close.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: -10625-10530- 10370-10310-10200-9950

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::  10780-10940-10990-11050-11180-11230-11465


BANK NIFTY SPOT: 


 

Bank nifty is in much stronger position as compared to nifty and no problem for bulls till it does not close below 26800.Trend remains buy on dips. Closing  above 27400 will indicate good strength. 

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.

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) 26900-26800- 26500--26170-25800 -25600-25300-25150-24500 are support levels. You can plan to buy near all these levels and  keep 50 points stop loss below each levels. Only high risk traders can keep stop loss on closing basis. Give special attention to the levels given in the RED colour below. Going short is allowed if these levels(red coloured) are broken convincingly. 

2) 27400-27550 -27900-28200-28400 are resistance levels. Go short  if trades near these levels and keep 50 points stop loss above each levels.Only high risk traders can keep  closing  stop loss. Give special attention to the red coloured levels given below. You can go long above these levels on convincing break and close.

 

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE   26800-26500-26170-25800 -25600-25300-25150-24500

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE  ::  27400-27550-27900-28200-28400


 

GOLD LONDON: 


 Gold is showing good strength as expected and trend remains buy on dips.

Follow the trade setup as given below.


TRADE SETUP :

* ALL THE TRADE SETUPS GIVEN BELOW ARE VALID FOR THE WEEK ONLY.

 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)1255-1236-1225-1215-1195-1180 are support levels. You can plan to buy near all these levels and  keep 5 points stop loss below each levels. Only high risk traders can keep stop loss on closing basis. Give special attention to the levels given in the RED colour below. Going short is allowed if these levels(red coloured) are broken convincingly.

2) 1284-1297-1310-1325 are resistance levels. Go short  if trades near these levels and keep 30 points stop loss above each levels.Only high risk traders can keep  closing  stop loss. Give special attention to the red coloured levels given below. You can go long above these levels on convincing break and close.


MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 1274-1266-1255-1236-1215-1195

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1310-1325-1355-1367

 

 

 

  • 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.