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on 09 Oct 2021 22:53

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)

 

 

 11-15 OCT 2021





 

 FOR INTRA DAY TRADERS- ART OF TRADING APP: " SQUARE OF 9"

 If you are an intra day trader in  financial markets like NSE / MCX/ FOREX/ international indices , then this App is for you.FREE TRIAL for 30 days. Try it to see the accuracy of Gann  SQ9 levels. To download go to the link below--

ART OF TRADING APP: iOS application

ART OF TRADING APP: Android application

                                                                        



                                                                                                                                       NIFTY SPOT :




Nifty finally closed above Gann resistance of 17850 after a tough fight of 11 trading days. Now till it closes above this level, chances of upward breakout is high. But remember if nifty dips and closes below 17840 then weakness will increase.  I clearly indicated last week that the 500 point fall in Nifty was not at all convincing, so eventually nifty rallied towards all time high. View remains same as explained last week.

I want you to prepare yourself for all possibilities ,as October is historically a very volatile month. We can witness following scenario in coming days ahead:-

Possibility 1-

Nifty does not close at a new life high then chances of reversal and a down trend starts immediately.

Possibility 2-

If Nifty makes a new life high on closing basis both in spot and future then BIG POWERFUL RALLY can take place till 21st October(+/- one day) and that will be the ULTIMATE  and FINAL TOP of 2021.

Just follow your risk appetite and plan your trade accordingly.Do not short rather try to go long,  if you see new life high both in spot and future. KEEP SOME SEPARATE FUND to be deployed around 21st October. 



F&O Trade setup-

REMEMBER THE RULE SUPPORT CAN BECOME RESISTANCE  AND VICE-VERSA 

 Major Gann support levels for this week are  17840-17600-17450-17280-17000-16900-16700 Creating long trades near Gann support levels is suitable only for highly disciplined traders with strict SL below support zones. Major Gann resistance levels are  17950-18088-18230-18265-18452-18777-18825.


GANN TIME CYCLE TRADES--

 HIGH RISK & HIGH REWARD TRADES --THOSE WHO DO NOT WISH TO GO AGAINST TREND SHOULD AVOID THIS COLUMN. 

NIFTY HAS RUN UP QUITE A LOT SINCE FEB 2021 HIGH AND CORRECTED VERY SMALL IN BETWEEN JUST 500 OR 1200 POINTS APPROX TILL TODAY.THOSE WAITING FOR A MEANINGFUL CORRECTIONS MUST BE FED UP BY NOW. WHAT I AM TRYING HERE TO DO IS THE MOST DIFFICULT TASK OF FINDING A BULL MARKET TOP.

THE PRESENT BULL MARKET RALLY CAN NOT SUSTAIN BEYOND 21ST OCTOBER 2021. AS PER MY STUDY IT IS TIME TO TIGHTEN YOUR BELT , AS WE MAY WITNESS SUDDEN DEATH IN THE MARKET ANYTIME . 

THOSE WHO ARE HOLDING DEC EXPIRY 16500 AND 17000 PUTS , MUST HOLD AND ADD MORE PUTS OF 17500 & 18000 NEAR GANN PRESSURE PRICE AND TIME ZONE, IF YOUR POCKET ALLOWS IT.

YOU ARE FREE TO BOOK PARTIAL PROFITS ANY TIME IF YOU HAVE MULTIPLE LOTS OF PUTS BUT DO HOLD SOME POSITIONS TILL YOU GET A MEANINGFUL CORRECTIONS OF 3000 TO 5000 POINTS IN NIFTY.


TRADING RULES AS PER GANN SYSTEM  :.

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

 Profit booking levels are not mentioned as either you can book profit near Gann support or as per your risk appetite  . Trend following and maximizing profit is an ART  which is taught to all Gann students at  ART OF  TRADING

Please Note:

Closing stop loss is only for high risk traders. Smart and low risk  traders can act on breach of levels .



BATA INDIA  FUTURE(OCT)





F&O TRADE SETUP :-   TREND -BULLISH TILL IT STAYS ABOVE 1820 .  Strong Gann support  zones 1930-1900-1875-1820 Strong Gann Resistance zones-2005-2030-2115-2130

TRADING STRATEGY- Buy near support or breakout of resistance and Short near resistance or break down of support. Stop loss above and below the zones as per trading position. Profit booking targets are next zones or as per individual risk appetite. TAKE MAJORITY TRADES IN THE DIRECTION OF TREND.



BANDHAN BANK  FUTURE(OCT)



F&O TRADE SETUP :-   TREND - BULLISH TILL ABOVE 319. Strong Gann support  zones 329-319-300-274 Strong Gann Resistance zones 360-376-405-442

TRADING STRATEGY- Buy near support or breakout of resistance and Short near resistance or break down of support. Stop loss above and below the zones as per trading position. Profit booking targets are next zones or as per individual risk appetite.TAKE MAJORITY TRADES IN THE DIRECTION OF TREND.






                                                                                                                   

 

 

 

  • 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/ RRR PROFIT is an educational organization and its founder Shyamal  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  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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