‎Continuing from my yesterdays post in which I wrote on breakout on NIFTY, Few of my friends got confused between the Analysis of TIME and PRICE together would simplify for them today. If you reed point No 3 of my yesterdays post in which it was clearly mentioned that 11520 to 11550 is an extremely important complex vibration price point which would be important to cross going ahead. So now the question you should ask yourself as trader is would you take a positional trade for just 70 to 100 points. I leave this Answer to those confident traders who were confused.

As per common sense a trader would wait for a proper entry to enter a trade according to their trading system. As they say as every Lock has its Key similarly every trade also have its stoploss. And the stoploss forr current positive structure is between 11200 to 11220 on spot. Until it holds nothing much to worry

Now what if we hit the stoploss it wont be the end of world for us. Yes timewise trend is positive, yes tomorrow is an important Gann date but we have to respect the price patterns. STOCK MARKET is a place of probabilities and uncertainties nothing is free lunch here. Even sir Gann gave the accuracy of 90% with his trades so I cant go beyond his record. And those who have doubths on my confidence kindly verify my trades since jan 2019 and try to match that record your confusions would be cleared

KOTAK MAHINDRA BANK could be added here or on dipps till 1324 for the higher Targets of 1437 and 1497 on spot according to simple vibration pattern. Complex vibration pattern breakout would happen above 1420 for the swing target of 1590 on spot in weeks to come.

Few things has changed for markets after the zone of 11370 to 11400 has crossed on spot. 1 NIFTY has given a clear breakout on both price and time fronts. 2 as per time cycle once we got a closing above the high of 13th August the conflict between Trend cycle and time cycle has now sincronised and are now favouring higher prices. 3 NIFTY is close to a simple and complex vibration pattern price points of 11520 and 11550 on spot going ahead this range would be important to cross. 4 Trend cycle is now positive till Expiry and next Gann date is on Friday. Next squaring time angle is bit higher more on it next time.

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 testing the given zone in morning. Once crossed would turn the wheels on upside

For NIFTY it’s important to get pass above the zone of 11370 to 11400 both as per Price as well as Time. Failing to do so would take NIFTY back to 11060 to 11100 as per waves. Note current wave structure is week for NIFTY until the mentioned zone is crossed on Spot.

TECH MAHINDRA achieved both the Targets of 678 and 720 on spot. View posted on 4th of August 2020 at the cmp of 651

Adani Ports Todays high so far is 356.85 almost to the first Target of 357 on spot. View posted on 16th of July 2020 at the cmp of 311 after that it made an exact low at 298 which was LOC for bulls and that followed a rally of almost 20% in short time

Trading using the Time factor on NIFTY.

I Regularly post articles on Price Factor of Gann Theory. Because I always believe that Price is always more important then TIME. The main reason behind this Ideology is,Its not possible to control TIME because it is a Constant Element which moves only in 1 direction. On the other side Price is a controllable Element which moves in Both the directions. Another aspect to consider is,A Time can have conflicting cycles but a Price cannot have conflicting cycles. So a Short term Trader must rely on the Price Theory rather relying on the Time Theory.

Another counter arguement of this Ideology would be a famous statement made by W D Gann,the time is the most Important factor of all. But the point which usually Gann Traders miss is the fact that Sir Gann referred this line for Forcasting the markets not for Trading.

Moving on for NIFTY the Time Setup is mixed where the cycle is suggesting weekness till Friday the next Gann date because we got a closing below the previous Gann Date. The Gann Trend Day is on Tuesday which will be very important because the Timewise Trend is positive till Tuesday. So according to time Tuesday and Friday are Important days to watch in this week.

The Gann Price and Time Squaring of NIFTY would happen in the zone of 230 to 280 Degrees in a Circle. So those who knows the calculation they could easily calculate the levels on upside and downside. Those who doesn’t knows it for them it would be wise to mark the levels. The squaring level on upside is 11358 to 11398,on downside it is between 10928 to 10968 on spot. So until NIFTY stays in this range it would be stable. A Time wise breakout or breakdown would happen only above or below this squaring zone. Another point to consider is the Degree of time would increase with each passing day. So there would be minor variations in price range on daily basis

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

RBL BANK could be added here or on dipps till 171 for possible targets of 200 and 223 on spot in coming days

Important Gann Date Today as mentioned on Tuesday. As long as 11200 is held this uptrend will continue. NIFTY would enter in sideways to corrective wave trend below 11200 till 11050 on spot.

Do Note both the Simple and Complex Vibration patterns are signaling higher. The range of 11030 to 11050 would provide strong support on downside the upwards territory for now is 11500 to 11550 for coming days also its essential to protect profits on higher side