NIFTY TREND Analysis

NIFTY giving signal of conscious Upside.

As Analysed Multiple Times since Last Week. NIFTY Trend Change Level was at 9330 on Spot. Yesterday it Broke this Level and the Price Cycle is now turned positive. Still Today would be an Intresting Trading Session due to Monthly Expiry.

As I Mentioned above It is Signaling a Conscious upside. It means a Zig-Zag upmove because of an Incomplete Previous Cycle due to Rangebound movement. But keeping all this in mind the Trend as of now is Positive

As far as Levels are concerned Major support lies between 9080 to 9180 zone note SL of my Long Trade as of now is at 9180 on Spot. As long as this holds NIFTY would test 9450 and 9581 on Spot in Coming Days.

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 Playing a Mind Game with Traders

NIFTY is just having Fun with Shortterm Traders Traping them both sides of Market and demoralise them for their further Trades.

But as Analysed previous week the CYCLE of NIFTY remains on downside both Short and Long Term Cycles are showing weekness as of now

No changes in Levels as well zone of 8740 has to be tested until Levels of 9330 is not crossed on spot until that happens as a Gann Trader it is not Possible for me to reverse my view on Markets. Once that happens major rally would happen on upside.

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.

LUPIN Gann Analysis

LUPIN giving a Triangle Breakout on upside

At the CMP of 902 it is well placed above Important Triangle Point. The major support is placed at 850 and Triangle Points on upside are 934 and 975 which would be tested in coming days.

Note levels mentioned are of Spot. Even on Harmonic scale LUPIN is set to test the zone of 1000 in coming days it is in very strong uptrend

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 approaching Important Gann Date

From last few days my stand on Market is Bearish based on Gann Analysis. Now when NIFTY is approaching an Important Gann Date it’s important to have clarity on Trend Change levels according to the Trading Cycle of NIFTY

According to the Timing Theory Monday 25th May 2020 is a Gann Vibration Day for NIFTY. Because it is a Holiday its Impact might be Visible Today and Tuesday. So increased Voletility is expected in Market.

As far as Cycle changing levels are concerned the zone of 9270 to 9330 is a major supply zone the trend would reverse only if NIFTY trades above this supply zone. If it fails to Trade above this zone then level of 8740 shall be tested in near term on spot. So mark these levels on your Charts.

I am very busy these days so frequent alerts on NIFTY is getting tough to provide to all my readers but would start that soon

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.

RELIANCE Gann Harmonic Analysis

The Positioning of RELIANCE on Harmonic Price scale is loosing its Strength

After retesting the All time highs of 1620. Stock Price has corrected significantly from the recent Highs and now it stands near a major Harmonic support of 1370 breaking this Price level could push the stock prices down to 1260 levels on spot

Another Gann aspect to consider is formation of a double top which is not so encouraging pattern for Investors though it’s not conformed it. To eliminate this possiblity it has to get above level of 1630 on spot within next Quarter

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.

Todays Analysis

NIFTY is having a good time between 8800 9050 it’s in an intermediate sideways trend but momentum and cycle are in downtrend

Todays vibration hour for Intraday is 12.40 to 1.40 watch out for this hour Today

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 Trend Analysis

As analysed in morning NIFTY any how needed to cross zone of 9025 to 9045 on spot. But it dint happened todays high is 9030 and is on track to resume downward journey

It is basic Gann rule Old tops becomes support and old bottoms becomes resistance in market and that’s what happened today and would happen in future as well That’s basic character of Financial markets

More downside levels are expected on NIFTY

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 Analysis

NIFTY is still week on Harmonic Angles but a short term bounce might occur above 9025 9045 on spot. But broad trend of entire market is on downside so bounce wont sustain on upside

Important Vibration hour forr today is between 12.53 to 13.53 watch out for this Time today

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.

Gann Harmonic Analysis

The Gann Harmonic setup of NIFTY is sell on rise until the level of 9255 is crossed on upside

Targets on downside are placed at 9005 and 8890 on spot. As expected last week NIFTY almost tested the swing low of 9043 the low made on Friday was 9050 on spot

As a Gann Trader I am still of the view that NIFTY would break its low of this month but still markets are supreme. All Gann Indicators are signaling pressure on downside

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.

ICICI BANK Gann setup

ICICI BANK long term Gann Angle setup is considerably week on all fronts.

At the cmp of 321 it stands between 45 and 90 degree Angle. The major support stands at 302.75 at which price get a balance with time. Dramatic fall wont happen until this price is held on spot

Several hurdles on upside as well. If today it closes below 338 then chances of testing 302.75 would increase in next week. Even the long term structure is sell on rise until we get a weekly closing above 358.75 on spot. Till then zone of 339 to 358.75 is supply zone and 302.75 is a major demand zone major move is expected only either side of these Angles

Disclaimer views expressed here are based on Gann Theory still before taking any trading positions consult your Financial Analyst and act act accordingly