NIFTY after a marathon Rally finding space for Consolidation

On Expected lines NIFTY completed all Targets 1 after another. The Trailing SL has now moved higher to 9700 on Spot. But it doesn’t mean we wont book partial profits on higher levels that’s basic rule of Trading. The lebel mentioned here are Trend Reversal Levels which has to be watched Closely.

The weekly Trend remains Bullish. With major weekly support at 9500 on spot. Near term correction would occur below 9700. Note there is a difference between weekness and Correction so NIFTY wont turn weak until 9500 is held.

I usually keep my Analysis simple without sharing any complex Vraphics and lengthy Posts. The levels are for Reference calculated manually without any Charting Software using the Gann Methods

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

As mentioned in Morning Blog above 9853 SL of Long Trade has moved up to 9700 on Spot our view has been positive since levels of 9335 has been crossed can Reed the complete Analysis in Blog

NIFTY analysis on Gann Date

On Expected lines NIFTY on Friday tested the zone of 9581 on Spot. For this week also Trend remains Positive as long as few Pattern Levels are held.

As mentioned above Today is an Important Gann Date for Markets around the world so Todays High and Low would be very Important for further Action as Far as Time is Conserned.

Now Important Price Levels to watch is 9580 as a Trailing SL which would be moved Higher to 9700 once 9853 is crossed on Spot 9880 9900 is tough zone to deal for Market. As far as Harmonic Trend is conserned It is Highly bullish opening up the Target of 9980 on spot with Wave support at 9491 for swing Traders

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

NIFTY Todays High is 9549 as of now. Our Target was 9581 on Spot Do stay careful in this zone make sure You stay light with overnight Positions because Monday is a Gann Date for Globle Markets

As Expected Yesterday NIFTY achieved the First Target of 9450 Yesterday. But as I Posted then this move wont be 1 way up it could be a ZidZag move until 9315 is held because the previous cycle was not Completed.

But the Fact remains that short term cycle is on Positive. NIFTY would find support on Lower side the zone of 9180 to 9280 would provide major support

But as Traders it is Important to Take profits at Every Important Gann Point and follow the main Trend.

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

NIFTY achieved the first Target of 9450 on Spot as Expected in Morning. Now SL moved up to 9315 on Spot from 9180 Earlier.

NIFTY giving signal of conscious Upside.

As Analysed Multiple Times since Last Week. NIFTY Trend Change Level was at 9330 on Spot. Yesterday it Broke this Level and the Price Cycle is now turned positive. Still Today would be an Intresting Trading Session due to Monthly Expiry.

As I Mentioned above It is Signaling a Conscious upside. It means a Zig-Zag upmove because of an Incomplete Previous Cycle due to Rangebound movement. But keeping all this in mind the Trend as of now is Positive

As far as Levels are concerned Major support lies between 9080 to 9180 zone note SL of my Long Trade as of now is at 9180 on Spot. As long as this holds NIFTY would test 9450 and 9581 on Spot in Coming Days.

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

NIFTY is just having Fun with Shortterm Traders Traping them both sides of Market and demoralise them for their further Trades.

But as Analysed previous week the CYCLE of NIFTY remains on downside both Short and Long Term Cycles are showing weekness as of now

No changes in Levels as well zone of 8740 has to be tested until Levels of 9330 is not crossed on spot until that happens as a Gann Trader it is not Possible for me to reverse my view on Markets. Once that happens major rally would happen on upside.

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

LUPIN giving a Triangle Breakout on upside

At the CMP of 902 it is well placed above Important Triangle Point. The major support is placed at 850 and Triangle Points on upside are 934 and 975 which would be tested in coming days.

Note levels mentioned are of Spot. Even on Harmonic scale LUPIN is set to test the zone of 1000 in coming days it is in very strong uptrend

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

From last few days my stand on Market is Bearish based on Gann Analysis. Now when NIFTY is approaching an Important Gann Date it’s important to have clarity on Trend Change levels according to the Trading Cycle of NIFTY

According to the Timing Theory Monday 25th May 2020 is a Gann Vibration Day for NIFTY. Because it is a Holiday its Impact might be Visible Today and Tuesday. So increased Voletility is expected in Market.

As far as Cycle changing levels are concerned the zone of 9270 to 9330 is a major supply zone the trend would reverse only if NIFTY trades above this supply zone. If it fails to Trade above this zone then level of 8740 shall be tested in near term on spot. So mark these levels on your Charts.

I am very busy these days so frequent alerts on NIFTY is getting tough to provide to all my readers but would start that soon

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.