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on 18 Jun 2018 00:00

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)



18 JUNE - 22 JUNE 2018


NIFTY SPOT :

Nifty gave a buy signal on monday and there after it remained the whole week  in the range of Gann support  and resistance of 10760 -10930. Thus giving opportunity to both buyer and short sellers. This week  will also the range will play an important role and any breakout will indicate  the next directional move. So follow the trade setup as given below.

TRADE SETUP :

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) Hold long till Nifty closes below 10750.

2) Go long  if trades closer to 10660 and keep stop loss below 10640 on closing basis.

3) Buy if trades closer to 10580 and keep closing stop loss below 10550.

4) Go short if  nifty trades near 10930.  Keep 20 points closing stop loss above 10930.

5) Go long if nifty closes above 10950 and keep closing stop loss below 10920.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  10650-10550-10415-10278

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 10930-11115--11200


BANK NIFTY SPOT



On monday it gave a buy trade at opening bell  above 26500. Thereafter it went into a profit of 150 points intraday but unfortunately at closing bell it  went below 26450 and hit the stop loss. This is a very good example as why I always reccomend to book partial profit in every trade. Later on on wednesday a superb short trade was generated near 26760  which eventually was converted into a profit of 400 points by closing of the week. This is a marvellous display of powerful Gann levels. Follow the trade setup given below with total discipline.

TRADE SETUP :

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) Buy if trades near 26280 and keep 50 points trading stop loss below this.

2) Go short if trades closer to 26760 and keep trading stop loss above 26800. 

3) buy if trades above 26800 and keep closing stop loss below 26740.

3) Buy if trades near 26000 and keep closing stop loss below 25950.

4) Buy if trades closer to 25650 and keep closing stop loss below 25600.

5) Go short if trades near 27150 . Closing stop loss above 27200.

6) Buy if closes above 27200 and keep closing stop loss below 27150.

7) Go short if trades near 27650 and keep 50 points closing stop loss above this level.

8) Go long if closing is above 27700 and keep closing stop loss below  27600. Low ris traders can buy July 27800 call if the trade is initiated and keep the same stop loss.



MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE  26000-25620-25290-24730

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::26770-27150-27660-28000


GOLD LONDON::


A superb shorting opportunity in Gold was provided on thursday near 1310 and almost 30 points profit was made by Friday in just one trading day. Follow the trade setup given below for the coming week.

TRADE SETUP :

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) Buy if trades near 1280 and keep closing stop loss 10 points below 1280.

2) Buy if trades closer to 1250 and keep closing stop loss below 1230.

3) Go short if it trades near 1310 .  Keep  10 points trading stop loss.

4) Go short near 1325 and keep 10 points closing stop loss above 1325.

5) Go short if trades near 1336 and keep 10 points trading stop loss.

6) Go short in the zone of 1365-1380 and keep 10 points closing stop loss above this zone.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE::  1280-1270-1235

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1325-1345-1365-1380-1425-1490




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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