RELIANCE Gann Harmonic Analysis

Few days back I posted my Analysis on RELIANCE INDUSTRIES. At that time I said that RELIANCE is loosing its momentum on upside and it would turn Bearish below 1370 on Spot according to Harmonic Law. After that Prices corrected from Highs and RELIANCE made the Low of 1393 on spot but failed to break 1370 and it again started the Journey on upside. Today it is back above 1600 and is now placed at an Intresting Harmonic Angle

Now watch out for the level of 1630 on spot major Harmonic Breakout would happen above 1630 which would clear a path upto 1740 and 1865 on spot Positionally. RELIANCE has covered the Entire fall which we saw since Jan 2020 so it has to be considered as a Long Term Invesment as well. Those who follow me regularly knows that I added it in the fall of February and March 2020 obviously for very Long Term

Kindly note the mentioned levels. Do not mixup the Harmonic Levels in short term Trading. The Gann Harmonic Theory is only for Major Swing Traders for Daily and Weekly Traders Gann made several other theories which could be observed with my other provided Trades

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY Positipns Reversed

As mentioned Yesterday has to Re Enitiate longs above 10125 on spot. NIFTY has negated corrective pattern so all cycles again in same direction but still has to remain conscious on higher levels

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

NIFTY Gann update

As Alerted yesterday afternoon NIFTY showing signs of slowdown. It is officially conformed now below 9970 NIFTY is open for 9850 next Long trade only above 10125 on spot. Gann swing traders are out of Long Trade for now

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

KOTAK MAHINDRA BANK Gann View

KOTAK MAHINDRA BANK could be added on dipps till 1325 for the Major Target of 1495 in coming days. Note 1 correction is due so plan your Trade accordingly. Consider it in cash. Because Harmonic Trendd off it is very strong. Shortterm momentum would Exilirate above 1390 on Spot.

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

NIFTY Gann Harmonic Wave Analysis

As My Stand on Market remains Bullish NIFTY continues to Scale Higher. From 1 way Rally since 9330 is Crossed not a single Geometrical Cycle has turned Vearish. The Long Trade which we took since 9330 that same Trade positions SL is now at 9840 on Spot. In between Profits were booked several Times but during the entire Rally I never Preempted any Top or Bottom. As a Gann Trader I am not allowed to do that its upto Market as a Traderr our Risponsiblity is to be with the Trend rather guessing Tops or Bottoms.

Now when NIFTY has moved above the 10000 Mark the thoughts running around Everyones mind is what next from Here. Well the Answer Lies in Harmonic Waves External Harmonic Waves Today has given a Major Breakout. The Target of this wave is placed at 11200 on Spot. Yes 11200 but need to understand that this Target is not coming in next week or in this month. It will take time the motion of wheels would Eventually take it to 11200 in between there would be some severe corrections but those would be opportunities to add for Long Term Traders.

No Chart Pattern and Technical Indicator would signal a Structural Target of NIFTY at 11200. But The Gann Harmonic Waves Analysis hass this clear message with them. As far as short term Trading is concerned the Trailing SL was updated on my Social Media Accounts in Morning. We had moved up our Trailing SL at 9970 from 9840 yesterday.. The point to consider is that Everything in this Planet hass to follow the Law of Gravity including Financial Markets so be prepared to Edgest your trade according to it.

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.