AMARA RAJA BATTERIES breaking important swing points. Structure damages further below 760 to 780 zone.. till 723 and 683 on cash Directionally.

NIFTY still finding it tough to sustain on higher side. Mondays price setup was extremely bearish. But Price alone is not enough to take this market to 13600 to 13800 levels on spot. It needs the driving support from TIME. which for now is Neutral and would turn bearish only below the close of Mondays low of 14248 on spot. Till then rallies and dipps would continue in markets which is the case from past several weeks. Personally view wasn’t bullish at 14800 and same view continues at 14400. As far as Individual stocks are concerned Private Banks looks very week. Which should be sold on every bounce. Not an appropriate market for Trend followers until Time joins Price for a southwards journey.

MAHINDRA and Mahindra Today finally broke the Important support zone of 765 to 775 on cash. And achieved the first target of 742 today. View posted on 1st of April 2021.https://ganntradersaahil.wordpress.com/2021/04/01/mahindra-and-mahindra-view/

As expected NIFTY BANK turned Nasty below 32200 on spot. Has adviced to be very watchful with private banks on friday. Not only NIFTY BANK_ NIFTY also had unstable below 14700. The level which once broke opened space for a quick fall. Since it’s a Vibration date Today market would continue drag further below 14300 on spot. Nifty from here would go nasty below 14200 on spot. Has posted NIFTY BANK view on my Telegram channel.

INDUS TOWER once breaks the zone of 278 to 283 looks very strong to test the levels of 300 and 325 on cash Positionally.

NIFTY and NIFTY BANK are stable as long as 14700 and 32200 is held on spot. Setup is mildly positive as far as these prices are held respectively. Time wise also setup is not negative. On monday we have a vibration date followed by Friday. Next one is a short Trading week with Wednesday as a Market Holiday. 15010 and 15150 important levels to watch on upside.

Very Important week coming up for Markets not only in INDIA but all markets around the world. Specially few major MARKETS like United States had completed the important vibration pattern and now stands at a point of reaction. Back in INDIA our markets had swung both ways in the range of 1000 Points. Going ahead this zigzag trend would be on a test and a sustainable trending move on either side would be on offer for Traders.

On TIME Front for NIFTY 19TH of March was a Harmonic date. We spend the majority part of time within the range of 19th March getting moves on both sides. On Monday we have another Harmonic Date so mark the high and low of Monday to understand the trend till next Harmonic date which would fall on 19th of April 2021. Those who understands the calculations would figure it out. Other Vibration Days in the month includes, The 12th of 2021, 16th of April 2021, 27th of April 2021, and 30th of April 2021. Expect Important Highs and low in Markets around these dates. Earlier I mentioned about the 15 days,30 days, and 45 days trend is down on NIFTY. these dates has the potential to turn it on.

On price front there is space for more upside above the zone of 14930 to 15030 on spot. Weekness would persist only once NIFTY sustains below 14600 to 14700 zone. This is not a kind of market where you can ride the momentum on a single side by Trailing stoplosses. Profits had to be secured after completion of every rotation of a Price Cycle. Would have a neutral view on markets in the range of 14600 to 15030 on spot.

In past I had repeatedly mentioned about my bearish stand on markets on higher levels. Personally still not comfortable to go long. But I dont want to repeat my mistake which I made in October 2020 where markets went up and I was short on them until NIFTY crossed 11800 on spot. This time I do not have large short positions on index. Instead would like to wait patiently until NIFTY takes out 15431 on spot. Till then would prefer strong setups in cash market. There would always be enough opportunities in markets. As traders we should chase trades which provides us 2 important things. 1 Clarity,and 2 Comfort. If you do not get clarity and comfort in your trading setup then avoid that trade.

Views published above should be considered for Educational purposes. Any Trading Positions should be taken only after consulting your Investment Advisor. All views above are based on my understanding on Gann Theory. I had included all available technical methods which are part of Gann Theory to make my analysis more effective. So a retail trader not aware on Gann Theory would find it tough to understand this Trading System. For any help or guidance feel free to contact us. Regards Team Gann Price Time Analysis.

Gujarat Gas had a healthy consolidation in last few days. But setup in good shape now. Minor challenge at 566 which once breaks would open way for 595 and 630 on cash in few weeks.

MAHINDRA and MAHINDRA is at a critical support would break down below the zone of 765 to 775 on cash. Once breaks could test levels of 742 and 704 in near term. Looks week overall.

TATA STEEL enters a difficult zone in the range of 840 to 880 on cash geometrically. Look to book majority of short term profits in the mentioned range. In long term 1050 and 1150 Looks achievable.