DLF is in a secular uptrend. It looks positive on all criteria. Short term hurdle at 253 which once breaks would open way for 274 and 296 in cash in coming weeks. A close above 258 on monthly scale could take it to 320 in medium term.

WIPRO building on its outperformance which would last the whole year. Meanwhile it broke the Triangle of 371 on 23rd DEC 2020 made high of 387 on the same day. View posted on 22nd DEC 2020. Achieved the first Triangle Target of 395 Today.

JSW STEEL looked very attractive at 373 on 24th dec 2020. After that it gave a minor dipp. But cleared a Squaring pattern hurdle of 383 on 28th DEC 2020 which cleared the way till 400 on spot. The target which got achieved today. Setup still positive.

BERGEPAINTS today achieved the second target of 770 on spot. View posted on 4th DEC gave entry on 14th Dec And achieved First Target on 18th DEC 2020. I wont be surprised if it went on to test 816 and 850 on spot in coming weeks.

What a way to start a new calender year. Where we got a weekly closing above 14000 on NIFTY. The up words march of markets continued for yet another week. And it promises to repeat the same momentum in this year as well with usual obstacles. Earlier I mentioned very clearly that this rally on DALAL STREET would continue until the 4 pillars of PRICE TIME TREND and VOLUMES continues to support this rally. So far all factors are supportive still trading positions should be protected using multiple available tools in Markets.

For Equity markets 2021 would obviously be a positive year. But expecting 4 to 5% gains every month wont be possible for markets. Just because NIFTY moved up from 12000 to 14000 in 2 months it’s not possible it would test 16000 next month. For this year important months would be MARCH MAY AUGUST and OCTOBER. Which would really paint the trend summary for global markets if we analyse the long term cycle of all financial markets. January is always an important month in any l ender year for all markets. Another observation which is coming out from 10 year cycle would be the strength in DOLLAR INDEX from april onwards. Well the upside in US DOLLAR doesn’t go well with emurging markets.. only difference between 2020 and 2021 is in 2020 as per time cycle 3 cycle ended. And in 2021 3 cycles begins. So it’s just a start of a very long campane in Equity Markets. So this year we could witness a restrictive movements on both sides. Would not be an adventurous year like 2020.

On TIME front for this week Monday and Friday would be important vibration days. On price front as suggested in my previous weekly post sustainable trade above 13800 would open ways for 14000 mark. Which happened in past week. For this week major Harmonic support which would prove as make or break level on NIFTY would be 13725 which until holds can test the upper zone of 14240 and 14400 in this week or if supports holds targets would come in the month as well.

2020 was an extraordinary year of gains for all who followed Gann theory. In this year we would continue the consistency as well. With our updated theories. To get more close to the discoveries of sir Gann. Although we made good amount of profits in 2020 we also made some mistakes which gave a good lessons which were very useful overall as a trader.

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 me.

Buy and hold ALLCARGO LOGISTICS for medium term Targets of 158 178 and 198. It’s a cash stock from this new year would post trades on cash market stocks as well. Would add more on lower levels.

BHARTI AIRTEL has continued its journey towards 600. But as suggested on 11th NOVEMBER 2020 short term breakout was placed above 495 for the targets of 524 and 560 on spot. After weeks of consolidation it crossed 495 on 4th of DEC tested 524 yesterday.

First of all CHRISTMAS greetings to all my reeders. Just a kind of week which was required for all participants who went with the flow of markets since previous 7 weeks. Mondays move was just a worning,if you are not hedged with your long positions in this market you would put yourself in greater amount of trouble. This was the only reason I suggested multiple times to stay conscious while chasing the upside. Although NIFTY recovered completely from Mondays low we were stopped out at 13500 which was our trailing SL for all long positions. After that several opportunities were there for us using weekly angles.

On time front 28th means monday is very important vibration day. It holds equal importance as was 9th of DEC. As far as price is concerned 13800 would remain a key point to watch. A sustainable trade above it would push prices to 13870 and 13980 on spot. Supports would come at 13590 and 13500. If 13800 is crossed we may even cross 14000 very soon.

Disclaimer views expressed above are personal. And are Subject to change with time. Any Trades taken with reference to above Analysis has to be at your own risk. Trading in Financial markets is always subject to risk. So dont forget to consult your Financial advisor before taking any trades.

JSW STEEL looks very positive at current levels. Should be added on lower levels as a cash holding. Squaring pattern hurdle at 383 which once breaks clears the way for 400 and 420 on spot in coming days. Could remain voletile as well.

WIPRO should be added on every dipp as an medium term holding. For near term Triangle breakout is placed above 371 for the projected targets of 395 and 425 on spot Directionally. Could be 1 of the outperforming stock for 2021.