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.

KOTAK MAHINDRA BANK below 1320 could test 1268 and 1215 on spot positionally. Simple vibration setup would turn week below 1320

As suggested in morning utilize bounce to get out of long trades. NIFTY gave a decent bounce during the day and now trading at lowest point of the day as well as week. Coming week also promises to favour bears. Because price cycle doesn’t suggests any strength