Author: SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

TIME CYCLE UPDATE

Sharing TIME CYCLE DATES, for JUNE
VIBRATION,DATES
7th,JUNE, 13th,JUNE, 20th,JUNE& 27th,JUNE
TIME;SQUARING DATE, 17th,JUNE, HARMONIC;DATE, 3rd,JUNE, 22nd,JUNE
PATTERN;DATE, 6th,JUNE, 20th,JUNE On week front
Last 2, weeks of JUNE, would be extremely important
Expect very sharp reaction on PRICES
MARKETS: would be at an inflection point during these 2, weeks
As far as TIME, is concerned, so prepare yourself for more voletility!”

U.S. MARKET UPDATE

Critical day, for U.S. MARKETS
its VIBRATION DATE for WALL,STREET
Todays date would be a PIVOT, day hens todays high and low would be a reference point going forward!”
If U.S. MARKETS, sustain below Todays low
That would be a first sign that market is turning lower
U.S. INDICES, are very close for, completing their counter trend bounce
So be watchful, intresting day Today!”

Some problems in U.S. MARKET
Closing would be critical
32,400 is reference point for DOW
WHICH is a HARMONIC CHANNEL point. Watch out, mentioned on TIME earlier in the day!”

NIFTY UPDATE

NIFTY, have (PRICE and TIME), support in the zone of 16,200-16,400
So this is a validation point holding which, NIFTY would complete its Targets above 16,900 on spot. Till 3rd,June, TIME is Positive!”
No point attempting short trades till then, need to wait for few objectives to meet
NIFTY have travelled 800 points in 3 days, so it needs some breathing space. As far as supports are held, things are fine in short term!”

NIFTY UPDATE

NIFTY, broke its resistance zone, with a break-away gap. TIME was never the problem for this market, it was always PRICE, which was not Aligning accordingly!:
Once NIFTY passed, TIME SQUARING date, things became easier for PRICE. Also the close above 16,350 gave that indication that, pending bounce may play out! On TIME front this week is a HARMONIC WEEK,
So entire week will be critical. Would again remind, this is just a Bare Market bounce
This market have still plenty to do on downside! But for now, let market rally bit more
Once this bounce ends, would again go short heavily
Domt make a mistake to call 15,700 a double bottom!

NIFTY UPDATE

NIFTY, retained 16,210, so price is back on track. Mentioned about HARMONIC TIME CYCLES, several times in past. For NIFTY this is a strong probability to cross 16,410 and sustain above it!:
NIFTY I.T. and NIFTY METALS INDEX have managed to form a Temparary base for short term. That will help going forward! Until NIFTY closes above 16,350 things wont change significantly!:

HDFC BANK achieved target

HDFC;BANK, Held zone of 1270-1280, and today completed the 1st,pattern Target of 1375 on cash. Dispite volatile markets this has done well, counter rally can still continue here!: Posted view here on 13th,May, when everyone was afraid to buy. Was a risky trade at that time. Low made here was 1278. Supports now shifts higher to 1320 on cash!:

NIFTY UPDATE

NIFTY, is finding it tough to catch,up with TIME. HARMONIC TIME CYCLE for NIFTY is bullish till 3rd,June, so plenty of TIME left for market to break its barriers on Higher side!:
Not only HARMONIC TIME CYCLE, SQUARING PATTERN, and HEXAGON PRICE PATTERN, for NIFTY is also signaling an upmove in coming days
SQUARING PATTERN is the most stable indicator in a sideways market!”
Which for now is expanding on upside
Once NIFTY, gives sustainable closing above 16,350 the SQUARING PATTERN will put NIFTY in a new ORBIT on upside. HEXAGON PATTERN also is suggesting Targets above 16900!”
For any reason, if NIFTY comes near 15,800 that would be an opportunity too add positions on calls
Voletility is high and it will remain on higher side, thursday and friday are critical TIME CYCLE dates, approach wisely!:

NIFTY, as discussed in morning is struggling to aline with TIME. UNTIL spot gives closing above 16,350 this Zig-Zag will continue. VIX above 25 is not making things easy for traders!:
TIME is what it is, that cannot be calculated again looking at price. Only thing which could be done is to trade with thin volumes!:
For example I hold 2 lots of june calls would add only if NIFTY retest 15700 or lower. Else I would simply observe markets till 3rd,june. Things are as simple as that, why to make it complicate!”

NIFTY, has to retain 16,210 to negate this price bearishness. Failing to do so, can drag prices to 15,850 and 15,650 on spot. Bulls at any cost have to take NIFTY above 16,210 to keep things back on track!”

NIFTY UPDATE

NIFTY, has given a print above 16,410 the slight doubt I had earlier is clear now. No matter whatever price does I am certain that market is going higher. More the price falls, would add positions in JUNE calls. No matter what, NIFTY has to test 16,945 in coming weeks.