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, Today had made high at 15,749 on spot
During the week, I high,lighted this level couple of times
It still remains a strong Geometrical resistance
Even,though I still expect this to break on upside
Only point is whether, it breaks during market or with a Gap
Yesterday with all the ups,and,downs of price
I re,instated the TIME setup which was indicating upside
In positional Trading we have to take TIME,CYCLE as a critical element
There are some rules which should not be violated in (LAW OF VIBRATION)
I still maintain my view
That, in short term, markets can go bit higher, before they turn lower
Managing positions would be the key
Monday is next VIBRATION DATE
Let’s se, how it goes from here

MARKET UPDATE

NIFTY has gone in Zig-zag mode
We are back to a pattern which we witnessed during the end of (APRIL) and end of (MAY), this market would go nowhere, still it will keep you on the edge of your seat
The problem is PRICE, TIME is fine for now
In such market, intraday trades are best
But positionally upside still looks incomplete to me
Next TIME test for this market is on 27th,June
Till then markets could swing both ways
Plenty of TIME left for this cycle to complete
TIME does not allow me to go short for now
Can’t do much about that
As far as U.S. MARKETS, are concerned, I need a daily close above Tuesdays high
On all 3,INDICES
for a bullish TIME

NIFTY UPDATE

NIFTY, giving a rally on (HARMONIC DATE), have strong implications going forward for short,term. A daily close above 15,630, would signal a, (SQUARING PATTERN) breakout
Targets would be, 15,850 and 16,050 on spot, positionally
Geometrically 15,750 is a very critical level
Need to watch it closely
But with support from TIME CYCLES, this level should go through, soon
Need to manage positions wisely
16,200;+ is my objective for this counter move
Watch-out
Shared TIME,CYCLE dates on 2nd,june

NIFTY UPDATE

NIFTY, for short term, I do anticipate a Bounce, mentioned about this few times in past week
I generally like to work with only 1 sinario
I follow certain setup based on my understanding of, (PRICE and TIME) MODELS)
Since February, my view has been bearish, on MARKETS
Those who follow me, they are aware, on my Target of 13,750 on NIFTY
But that will take its TIME
Sooner or Later, NIFTY, is going there
But wont stop there
Whatever upside I expect from here, would only be for short term
And as Traders we have to trade markets on both sides
Based on our setup
Yes, markets can do anything, hens we have to mark our INVALIDATION POINTS
Which makes things simple, for us
For the counter rally to unfold, my IN;VALIDATION POINT, is 14,800-15,000 zone on spot
As far as NIFTY, holds this zone
I would hold my view, and expect Targets closer to 15,950-16200, in couple of weeks
But a break of 14,800 would send me back to the Drawing Board, and again re,work my calculations
As far as TIME, is concerned I mentioned on it, briefly last week
Today is a PATTERN date
Let’s see how things goes from here
Would update if setup turns

TIME UPDATE FOR MARKETS

MARKETS, have entered very critical TIME ZONE
Not only INDIAN MARKETS, EUROPEAN, and U.S. MARKETS
are also at critical TIME PIVOT
This potentially can put a cause, to on,going sell,off accross EQUITY MARKETS
The TIME EFFECT for this would be observed from next week
For very short term markets could make a short term bottom
And rally for couple of weeks
This shall apply to markets accross continents
As far as NIFTY, is concerned I have entered July calls
To play the short term bounce which i anticipate
As I often mention, there are TIME and SEASON for everything in Gann Theory
Let’s se, how it goes

NIFTY BANK UPDATE

6

NIFTY;BANK
has given decent decline since it gave (HARMONIC;CHANNEL), breakdown below 34830 on 9th,June
After that it completed 2,Channel,Targets which were mentioned on 6th,June
Going forward, If NIFTY;BANK spot, goes above 34,100 then there could be a short term bounce, which can take index to 34,800 and 35,500
This only would be a counter,trend bounce
In medium term this index can shed, 15 to 20% from current levels
But as traders we have to deal with voletility which may persist for short term
The possiblity for short term bounce, validates only above 34,100, staying under this level will keep short term setup week
Utilize bounce to sell only, because medium term structure is considerably week

NIFTY UPDATE

NIFTY, too late to get bearish now
At 15,500, better to come out of your shorts
Markets should give a durable bounce before next leg of move on downside
TIME wise 17th, 20th, and 21st very critical TIME CYCLE dates
Better to stay light during such times
20th, is a pattern date
If MARKET gives a rally on 20th, or 21st,
That would conform that short term bounce is coming as what I am anticipating
15,820 is a VIBRATION PATTERN, breakout point
Watch out for that