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!

NIFTY update

NIFTY is getting nervous before very important Gann Dates which falls on Tomorrow and Monday. Our initial targets was 12060 on spot which was shared on Monday evening. Todays high is 12025 on spot which fall short by 35 points as of now. Though nothing really changes with trend but need to stay conscious before 2 Very strong Gann Dates for all Markets around our planet. On trade front Hedging is fine. But for shorting need to wait until 11725 to 11775 breaks on spot. Till then need to take intraday shorts as we continue to do as per Angles. TIME Element would get more active now

BHARTI view AIRTEL squaring

Just an Observation on BHARTI AIRTEL according to its Squaring Angle it is consolidating around 423 on spot. The squaring Breakout would happen above 445 for the upside till 464 487 and 510 on spot positionally. On the phlip side dramatic fall is not possible until the zone of 383 to 393 is held. Once this zone breaks things would get very nasty here which could drag prices till 362 344 and 323 on spot positionally. Note the squaring Angles and consider it only for Educational purposes Levels should be referred to understand the direction of Price Cycle rather trading levels. Daily Angles are Totally different which are generally used for 1 or 2 days of Trading. Which are used widely by all Gann Traders

Short Post on NIFTY

The problem which is faced by all NIFTY TRADERS is common in the sense of where to enter the Trade. As I posted earlier on the shift on long term structure of NIFTY has turned positive from Negative in previous week. So now when there is clarity on long term structure it’s now wise to follow the trend using the short term cycles.

On todays morning at the price of 12000 the short term setup was overstretched. Because nifty was way ahead and way far from it’s short term supports. Currently multiple short term cycle supports on NIFTY are placed in the zone of 11720 to 11760 on spot. Which until holds can take NIFTY Higher till 12060 and 12240 in coming days. It has been an extraordinary rally in past 15 days in markets. So until these supports holds it’s better to avoid any short trades accept Intraday because Intraday is totally a different game which is played for 60 to 80 points of profits

Lot of discussions are going around on High valuation of markets. But this things are less relevant in Technical Analysis. So as long as the trend is up it’s up so just chase it. There were multiple reasons with us as Analysts that we avoided aggressive bets on markets in the range of 11400 to 11800. Now when we have crossed it we have to respect it. And follow the primary trend.

Again markets are uncertain by nature. And they would continue to be that way. Our job is only to make the profits out of it. Because at the end of the day it’s just the profits which matters. The bottom line as we call it in business.. and everyone have a process to follow to deal in any business. The process which we follow is given us by sir Gann. Which has given us great returns over the years. And would continue to do well in future as well.

Disclaimer views expressed above are personal. And are Subject to change with time. Any Trades taken with reference to above Analysis has to be at your own risk. Trading in Financial markets is always subject to risk. So dont forget to consult your Financial advisor before taking any trades.