NIFTY in standstill mode not ready to give any clear indication to positional traders. And maximum profits in the business of Trading mostly comes from Trending Markets as we witnessed in previous months of July and Aug. The choppy behaviour of markets currently doesn’t allow us to create any aggressive positions for swing trading. So as long as it stays sideways its wise to take small steps at a time.

But markets cant stay sideways for long time. Generally this kind of consolidation is followed by a strong move on upside or downside. In my sense according to few rules of Gann Theory this time we might witness downside. Obviously this view reverses once NIFTY crosses 11800 to 11825 on spot. But until it doesn’t cross this point we have several reasons to prepare and position ourselves for potential weekness in coming weeks and months. With a balance of our risk to handle any adverse volitility. Which might occur in coming days.

As Traders our first duty is to balance our risk and protect our capital. Because without capital management we cannot obtain success in this business. So when I say markets might fall it doesn’t mean to go short on everything. We have to look for week scripts to go short. At the same Time we also need to find strong scripts to trade. We should have a Trading Plan for all Possiblities.

Now as far as Price and Time are concerned for immediate term. NIFTY multiple supports are at 11380 and 11500 no major breakdown possible until supports are held. Personally not intrested in any long trade. According to Time Important to watch Equinox next week. Some memorable moves takes place on Equinox specially with NIFTY let’s see what unfolds this time.

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.

A high risk sell signal visible on RELIANCE below 2240 for possible targets of 2185 and 2130 on spot positionally. Again it’s a high risk trade. So selling futures not a wise action to consider if 2240 breaks

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.

As I shared my view on NIFTY in Fridays article. As of now no significant change on that stand. Personally would avoid any longs for positional trading until the high of 31st Aug is crosses on upside. Although the short term trend is up. Still no harm in avoiding longs several other scripts are available for trading. A close above yesterdays high or low would magnify the trend on either side. Because yesterday was important Gann Date.

Because the short term trend is up it’s easy to trade it with daily angles. But problem with that is they cant be shared because of there evolving nature. The trade has to be taken in real time. Anyways the market might give a decent move till friday. Important support zone is in between 11380 to 11400 on spot. So it should be watched closely.

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.

Good Morning my dear friends from Trading Community. Writing this blog after a long time. Because of some profeshnal commitment and lack of time. But I post the levels here on regular basis. For all those traders who are Intrested in Gann Theory.

Coming towards NIFTY now! Since the start of this week my stand on markets remains bearish and NIFTY even made the low of 11185 during the week. And after that we are witnessing a bounce. Another thing which I repeatedly mentioned was on time factor! This week is very significant for days to come and importance of it would only be realised later by retail traders after the effect takes place. Which could be very surprising
When I say this is an Important week it’s not only for NIFTY it is for all Financial Markets around the World.

My take on NIFTY continues to be on bearish side even after the recent rise. Because I am getting an early signs of Large distribution. Which is possibly going on in our markets. Those who are intrested in Gann they could refer the Comodities Course to understand my point of view. In which Sir Gann mentions on this subject. So even NIFTY moves up till 11550 to 11600 it’s better to avoid any long trade. And if you are a conservative trader avoid Trading NIFTY till next week is completed.

Obviously these are early indications. Which could be wrong but the same conditions were met before market corrections of Sep 2018 and july 2019 and Feb 2020 so let’s see how it goes this time. Our job is to stay conscious andd be prepared for all possibilities which markets might throw at us. Beyond all analysis Mr. Market is always supreme. So always respect it and its trend.

Above view is only to explain the broader setup of market. In short term it is easy to trade using Gann Angles. But my intent is to provide the structure for season traders. Short term levels could differ the broader setup so consider this point. Another important Gann date coming on monday so get prepared for some Voletility

Opinion Published in this Article is based on my Knowledge and Understanding of Gann Theory. I may or May not have any Trading Positions on suggested Scripts. These Views shall be considered only for Educational Purposes. Any Trading Positions should only be taken after consulting your advisor or obtaining the Gann Trading Course designed by me. I only would post the price levels no charts would be shared here to keep the analysis to the point without writing Lengthy posts

BHARTI AIRTEL below 487 could test 457 and 427 on spot Positionally. Vibration Pattern sending loud and clear message of weekness. Trend of Price and Time also supports lower prices.

TATA STEEL today broke an Important Price cycle support. So wheels are Turning here on downside which can push prices till 364 and 332 on in days to come.

NIFTY showing no signs of Positivity and Today broke the support zone which I mentioned on Monday. Now when 11220 to 11240 range is broken level of 11030 to 11050 opens up on downside. Meanwhile the trend continues to remain week hens rallies upto 11400 to 11430 should be sold. A close below Fridays low should cause issues for bullish traders. Because the role of time would exelirate move on downside.

Opinion Published in this Article is based on my Knowledge and Understanding of Gann Theory. I may or May not have any Trading Positions on suggested Scripts. These Views shall be considered only for Educational Purposes. Any Trading Positions should only be taken after consulting your advisor or obtaining the Gann Trading Course designed by me. I only would post the price levels no charts would be shared here to keep the analysis to the point without writing Lengthy posts

ASIAN PAINTS above 2033 could test 2100 and 2170 on spot positionally. Vibration Pattern breakout would happen above 2033 for swing traders

NIFTY BANK would gather momentum on downside below 22450 for 21800 and 21100 on spot Positionally currently setup is sell on rise. Harmonic+Vibration supports lies between 22450 to 22550 which once broken would continue downwards journey.

NIFTY after giving a sell signal on Friday continues to trade with weekness. As suggested on Friday to exit longs on rallies because trend had turn down since then. Now important levels to watch according to Vibration as well as Harmonic Theory would be 11220 to 11240 which could act as support. But once broken it could drag prices till 11030 to 11050 on spot in coming days. Important week as per time which I mentioned earlier as well.