HDFC LIFE breakdown below 599 for levels upto 576 and 551 on spot positionally
Category: STOCK MARKETS
Reliance Positional View
RELIANCE would enter into corrective territory below 1990 for the levels upto 1880 and 1760 on spot if it happens then after 4 months of stunning rally it finally would enter into a phase of correction the odds are not in its favour now
NIFTY quick Update
NIFTY below 11030 would negate the ongoing bullish trend. Once 11000 to 11030 range breaks then NIFTY would correct till 10880 to 10750 in coming days
SBI LIFE Target Achieved
SBI LIFE achieved the Projected Target of 900 on spot still 947 possible obviously with Trailing SL Had analysed it differently
NIFTY VIBRATION CYCLE Update
On expected lines NIFTY almost tested the upper Range of Vibration cycle of 11350 yesterday. Yesterdays high was 11341 on spot. So it got missed by 9 points.
Now from here on important point to note is as follows
1. Because this cycle is still incomplete so levels are not moved higher so support still lies at 11030 on spot. And Target for now remains at 11350
2. Yesterday was a Vibration date so a daily close above yesterdays range would provide a clear signal on either on upside or on downside. As per TIME CYCLE. Note The Time Trend is bullish till 7th Aug.
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
TATA STEEL Target Achieved
TATA STEEL achieved the First Target of 370 above 351 Today View posted on 6th of July 2020
https://ganntradersaahil.wordpress.com/2020/07/06/tata-steel-gann-trade/
NIFTY Update
NIFTY giving a solid signal before Tomorrows Gann Date
Do watch out Tomorrow should be an Intresting Trading session
Harmonic supports are also moving higher
And Time also supportive
NIFTY Vibration Cycle Analysis
No major shift on the structure on NIFTY has developed since I last analysed it in Prebious week
All levels are still at their respected places for both shortterm and Positional Traders
Now for this strong trend to continue the zone of 11030 to 11060 is extremely important to hold holding this zone would take NIFTY towards 11350
Once this level breaks on downside it would turn the cycle and would open up the Targets of 10880 and 10725 on spot
The levels which are mentioned above are based on Natural Vibration Cycle which are mentioned repeatedly in Books written by Gann
Basically it depends only on 1 Natural number followed by its calculation
There are more then 10 different ways using which we can Trade using Methods developed by Gann
So this is just another advance technic of Gann
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
ICICI BANK view
Watch out for ICICI BANK above 392 for higher targets of 421 and 454 with minor resistance at 410 on Spot. Analysed using complex Vibration Price Points in Gann Theory. Consider only for Info
BPCL View
Wonderful structure on BPCL very strong support at 395 to 425 zone until holds 478 507 and 538 possible on spot
