A day to watch for Markets around the world. Specially the point at which NIFTY stands is very important which can be very decisive for coming days.

The rule says we need to mark the high and low of Today and look for tomorrow’s closing above or below todays range. As far as levels are concerned very strong base has formed in the zone of 10500 to 10550 as far as this holds 11000 is very much on cards positionally. According to the Harmonic Theory.

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

RELIANCE INDUSTRIES Today achieved both the Harmonic Targets of 1740 and 1865 above 1630. Todays high till now is 1864.35 on spot. First Target of 1740 was achieved 2 weeks back. Sharing the article on it which I wrote on 5th of June 2020 do have a reed again

https://wp.me/pbXSrb-N

TATA STEEL above 351 could test 370 and 394 on Spot Positionally

INFY above 781 can test 815 and 853 on Spot Positionally

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY gave a good rally holding the level of 10370 on spot which was mentioned previous week after it went above the zone of 10525. NIFTY is up more then 200 Points from there till now

Moving on from current Gann setup. To continue this ongoing upmove NIFTY needs to move above the zone of 10770 to 10806 which is an Important range according to Harmonic as well as the Gann Triangle Level. Taking away this range on upside would clear the path for 10980 on Spot. Major support is placed at 10510 on spot. This Trend wont turn till this level is held. So consider it as a Reference Point for NIFTY

The element of Time Factor would play it’s part on wednesday which is an Important Gann date for all markets Globally which would have its implications

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

For Next Week if AXIS BANK trades above 453 then levels of 480 and 507 shall be tested on Spot

HDFC LIFE above 576 could test 600 and 623 on spot positionally

ICICI BANK above 371 could test 380 and 390 on spot positionally

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY making to turn direction after an Important Gann Date. As mentioned on Tuesday High and low of yesterday would be crucial on closing basis going ahead.

Because the price has turned on upside as a trader we left with no other option to go with the trend. But we always have an option to step on sidelines if we spot any other option which provides us greater clarity to make trades.

For compulsive traders as far as levels are concerned. Any fresh trades should be avoided on current levels any dipp upto 10370 should be bought for 10657 on spot. Fresh shorts should be initiated below 10370 only till then either wait for proper levels to enter or simply avoid NIFTY and look for few Banking stocks to trade. Personally would consider the second option

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com

NIFTY approaching Very Important Gann date tomorrow. Which would provide important signal for upcoming days. For not only Indian Markets but for all Global Markets as well

Today is also important day because today is monthly as well as quarterly closing. Which holds important significance in Gann Theory. This has been very strong quarter for Financial Markets around the world. But coming 3 months would be very tricky for Traders of all asset classes

As far as near term setup for NIFTY is concerned. I already has provided levels for both sides in my Yesterdays Blog. So no point sharing it again. Personally would stay on short side for the month of July. Managing my risk not at all comfortable on upside on NIFTY until few levels are crossed

DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com