What a stuff first target done of 1825 on RELIANCE 100 bugs gone in few minutes
Author: SAAHIL BELIM
RELIANCE Gann View
A risky stuff RELIANCE is getting ready to test 1825 and 1760 on spot positionally. Safe trades should avoid it
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
Update on Gann Date
NIFTY having fun on Vibration Date. NIFTY is up almost 250 points from yesterdays low.
Yesterday I posted the target of 10565 below 10701 which was achieved successfully. As mentioned several times here in my Blog strong base on NIFTY is ferm at 10550 the level which got defended yesterday as well
Yesterdays low was very tricky. From here it is important for NIFTY to move above 10900 for fresh rally again mentioning the breakdown point at 10550. Better to trade using Gann Angles within this range. A daily closing above todays high and low would set the tone till next vibration date
Stay tuned to get the Gann Analysis regularly here
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
INFY Target Achieved
INFY Today did the first target of 815 on spot above 781. On 6th of July I posted 2 targets of 815 and 853 on spot above 781 todays high so far is 848 close to my second target of 853
NIFTY update
NIFTY tested the level of 10565 below 10701 which was suggested in morning Blog
NIFTY Gann Date Update
As suggested yesterday NIFTY was unable to get pass above 10900 yesterdays high was 10894 on spot. Gave clear instructions to enter fresh longs only above 10900 those who followed would be feeling better today.
Now for those who already holds longs since lower levels they should keep their Trailing SL at 10701 on spot. Breaking this level would be the first sign of weekness which shall extend till 10565 and 10406 on spot in coming days
Tomorrow is a vibration day so a decisive move is expected in next couple of days. So trade with levels
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
SBI View
SBI is open for the Target of 217 until the Level of 178 is held on Spot. Would consider it in cash because target would take time to achieve
NIFTY BANK Positional view
NIFTY BANK is in a strong Uptrend until few Important Vibration Points are held.
Currently the uptrend is intact until the level of 21700 is held on spot for the higher targets of 23250 and 24000 positionally. So dipps should be utilized to enter trades on long side
Once the level of 21700 is broken then weekness in Market would push the price down till 21050 and 20350 on spot. So consider these levels to understand the trend
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
NIFTY Gann Wave Levels
NIFTY going strong as analysed previously. Important level to watch now is 10900 on spot.
Since last week I mentioned 10550 is a strong base until 10900 is not taken away this support wont move upwards so if you plan to enter fresh longs it has to be only above 10900 on spot for the targets of 11035 and 11185 positionally
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
HDFC LIFE Achieved Target
HDFC LIFE achieved the first mentioned level of 600 Today. Multiple oppo rtunities were provided by market to enter in this stock.
https://ganntradersaahil.wordpress.com/2020/07/03/hdfc-life-view/
