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As mentioned below the BIG PRESSURE MONTH effect is clearly visible in Nifty. On both the dates 15th and 21st Oct Nifty tried unsuccessfully to breakout above 12000 but it witnessed big sell off(look at the chart). These dates were already announced in previous week's news letter
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on 24 Oct 2020 16:34
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As mentioned in the last newsletter regarding BIG PRESSURE MONTH, so we witnessed big sell off on 15th Oct which was a Gann date. Nifty to become bullish above ....... and very weak below ........ on closing basis.
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on 17 Oct 2020 19:06
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Last week I clearly indicated that Trend will become bullish once Nifty is able to close above September high 11618. So now the trend is "Buy on Dips".
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on 17 Oct 2020 17:41
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There is no change in Nifty strategy. Continue with Sell on Rise strategy till it is below .............. Trend will become neutral to bullish once Nifty is able to close above this level convincingly.
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on 03 Oct 2020 21:39
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Last week I clearly indicated that major trend in nifty remains sell on rise and see what a big correction started last week. I hope you all must have made good profit. Nifty found support and stopped exactly near 10800 which was a Gann suppor
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on 30 Sep 2020 21:23
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Major trend in nifty remains sell on rise till it closes above ........ Now watch closely these Gann levels 11......... Break and close below each of these levels will further confirm the down trend and major weakness will be indicated.
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on 19 Sep 2020 14:43
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No change in Nifty view or strategies. Major trend to remain sell on rise till it closes above .................. Any break below ................ and ......... will indicate big weakness. Closing above 11...... will indicate sideways movement.
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on 12 Sep 2020 16:46
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Finally 31st Aug behaved exactly as predicted PRESSURE DATE as per Gann Price-Time cycle.11800 to 11820 was the short sell zone as given in the Trade setup. Nifty made a high of 11794 which was very close to the sell zone.
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on 05 Sep 2020 19:02
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Axis Bank major trend is UP. Keep buy on dips strategy near Gann levels . Follow the trade setups as given below.
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on 29 Aug 2020 22:01
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Last week nifty spot made a high of 11460 whereas nifty future high was 11466. As indicated in previous week's news letter that it was big Gann pressure week. Those who have purchased .........Book Partial profit whenever you wish but do hold some positions for very Big profit , as this trade has a very fantastic Reward to Risk ratio.
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on 26 Aug 2020 15:43
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