Category: STOCK MARKETS

Gann View on Markets

What a fascinating week to start 2021 . The week gone by was 1 of the best week to begin the calender year. Markets are booming and supports are just moving higher with every upmove. Well the Party is on for Investors in Dalal Street but as traders we need to ensure that whenever this party ends we are the first to leave the floor. And turn our trades with trend. But for now no convincing signal that this trend is turning. Only one alerting factor I am mentioning it as alerting not alarming but it’s an Important aspect. Earlier I mentioned four pillars behind this Rally. First was the PRICE which is still bullish. Second the TIME which also is positive. Third the TREND which is strong. And Fourth the VOLUMES which were not very strong during the week. While NIFTY made new highs in all five Trading sessions volumes were not at all encouraging. In coming week VOLUMES has to improve hens this rally would fizzle out.

In my post earlier in the week I mentioned two Targets for NIFTY on upside. Which were 14240 and 14400 on spot. During the week we achieved 14240 and on Friday was very close to the second target of 14400. The high made on Friday was 14367. For this upcoming week 14400 would remain a key point to watch according to Price Cycle. If we sustain above 14400 convincingly then there is no challenge till 14800 to 14880 according to price cycle of NIFTY. Watched on a larger context. In short term above 14450 NIFTY could test 14620 and 14800. Major support for the week would be at 14040 which would move up to 14220 once 14450 is crossed on NIFTY. To continue this upmove NIFTY has to sustain above the Important Gann Angle of 14270 in short term.

On TIME front as posted last week 4th and 8th JAN were VIBRATION dates. On which market gave a good move on upside. For this week 12th and 15th would be Important Vibration dates to watch. Could see Voletile moves. As per TIME once we close above 14370 We would be bullish till 15th JAN. Many of my fellow Analyst Friends are concerned with the completion of 13 year cycle of 13 years from the Top of 2008 which was made in Jan 08 2008. My take on it is slightly different. 1 on a Top. Well to make a Top Market has to go through a long process which is not yet started. 2 8th was not a pressure date. Important Dates considering this cycle from jan 2008 would be 18th and 21st JAN. If you turn the charts in history. You would understand what I am trying to say. After all why should I have all the fun. I said it earlier 2021 is the year of higher highs. With normal corrections every quarter.

ALERT from now on my FB PAGE and all other FB Groups including my group. And Twiter Account would be managed by my Team. To post my TRADES and ADDS. Anyone who had worked with me in past can contact me on Whatsap. Or need my help can also Email me on sahilbelim9152@gmail.com My team would communicate as Team Gann Price Time Analysis. Personally I need more Time to Explore the Gann Theory and do more research on this vast and deep subject. I dont want to waste my TIME in useless arguements specially on FB GROUPS.. Hens moving a step forward from here.

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.