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)

03-07 SEP 2018

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) 

NIFTY SPOT :

Nifty major trend remains up and short term trend will become sideways if it closes below 10600. Short term corrections are part of the game. Maintain the strategy of  buy on dips near Gann levels. Since the trend is up so all short trades given below must be monitored with strict stop loss. 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 near 11625 and keep 40 points closing stop loss below this level.

2) Go long if nifty trades near 11425 and keep  stop loss below 11400 on closing basis.

3)Go long near 11160. Keep closing stop loss below 11130.

4) Go short if trades near 11750 and keep closing stop loss above 11775.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 11600-11425-11230-11165-11050-10905 -10780

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 11760-11845-11955-12100

BANK NIFTY SPOT: 

last week also Short trade in Bank Nifty near 28370 gave very good profit.  Trend remains bullish till it closes below 27730.Follow the trade set up as given below with strict discipline.

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 long if trades near 27750. Keep 50 points closing stop loss.

2) Buy if closes above 27330 and keep closing stop loss below 27300.

3)Buy if trades near 26800 and keep 50 points closing stop loss.

4)Go short if trades closer to 28370 and keep trading stop loss above 28420

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE  27750-27600-27300-27200-26800

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE ::28370-28750-29450-30130

GOLD LONDON: 

  1215 resistance as given below has worked accurately.Short term trend remains up till it closes below 1180. However major trend is down.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 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::  1180-1153-1120-1045

 MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1215-1228-1236-1265-1310

• 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.

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  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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