Gann traders club
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This channel is for traders who believe in Gann and his Trading approach. All chart studies, stock recommendations shared here are for educational purpose only. Plz consult ur financial advisor before making any investment. Iam not SEBI registered.
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9 813
Hopefully mentees oblige to Intraday trend time changed of 9.40 am as discussed...
Though mrkt sturcture suggest a dip can come..
Hence keep booking...and be ready for re entry..
I am not in PE buying mode till my time suggest me that....
9 813
Not Interested in creating Short...at current level
in Index...positional...
today and 16th Aug..is not ordinary for our Market.
Rest time will tell....
9 813
Though not making any weekend analysis video...as occupied with Aug batch and Mentees...
I have shared many trade opportunity in last one week and by blessing of all, we manage to come out in GREEN.
What has changed in market dynamics is something I am sharing...
1. Get ready for both side move in market, which means mrkt will be in No trend Zone for few weeks.
2. Position size will play a key role here, controlling it to minimum is the key.
3. The most difficult market to trade is when market doing Time wise correction and it looks like it is in that Phase.
4. Bears has Upperhand and controlling the price from
Banknifty - 45300-45420
Nifty - 19670-19700
Till we clear these zone successively, trend will be missing on upside.
5. Don't forget, we are in Very Very Strong Uptrend in higher time frame, hence buying will be seen at every dip....or Gann levels if u know where it is.
6. Bulls first line of support
Nifty 19370-19440...zone
Banknifty next strong zone - 43910-44100.
7. Small account trader, would recommend to go for small small momentum trades rather than Positional long/short.
8. Positional trader, keep minimum qty on ur positional bet with hedges.
9. I will be personally going to play Bull bet at imp time support/gann level and play bear at time resistance. Keeping my trades simple.
Moral of the story ā-
Time wise correction we are till the next important time coming in Sept/Oct.
Disclaimer- Above information is for educational purpose. Please consult ur financial advisor before any investment.
9 813
Mentees...its okay not to have any position if this week is profitable..
Baaki Baateing Webinar main...
9 813
Till RBI Policy high of 44970 in Spot is not crossed in BNF...
Selling pressure would be dere...Mind it.
9 813
update was on time abut index resistance and some profit booking...
hopefully this was executed.
9 813
Youtube Analysis sab karenge...what abut live market..which I am doing from 3 years here for free.
We need to live in present...ššš
Nifty reaching the time resistance..hence prudent to book some...
Over n Out for today.
9 813
this time trading my boy...
Ye haath jala degi...
Per jab milega..toh pura paisa vasool...
316 so far and counting...
45000 CE gave money twice...
9 813
Small account expiry closed..
Hopefully u all enjoyed something..
Duaon main yaad rakhna
šššššš
9 813
I have always believed that market always tells you the direction and welcome you to join the winning trade.
Time Support and resistance is just one tool...out of 10++ other tools I use to understand the swings of market and where it is heading.
We anticipate the market before it happen, and we ride the winning trades or market prove us wrong and we go with PLAN B and C.
What missing in trader...
Plan B and C.
Anyways, straight forward note was posted 2 days and yesterday.
All the best guys.
9 813
CMP at 268
My last line advice to small account trader to keep booking profit...as profit on the screen and profit in ur bank account are 2 different things.
Tomo RBI Policy...
Over n Out For the day.
9 813
Are my telegram followers on ryt side...
Hopefully joining this free Channel help u in understanding mrkt..
My small account...
Big account..na baba na..šš
9 813
All dese trades will be explained to aug time trading batch ..so that in future they can do on their own..
Till than manage ur position š
9 813
50% is my SL for this...
Got some at 180...will take some more in bits and pieces...
My entry price 50% is what I can give to mrkt...
For ur observation only.
9 813
I am personally going to take 45000 CE...
But next week expiry...17th Aug wala
Cmp is 195...
Bulls zone is 160-185....
Can it deliver 350++ level before next expiry...
Risk reward favorable for me...as SL is small considering the swing
Disclaimer - Above information is only for educational purpose.Please consult ur financial advisor before making any investment.
9 813
This was updated for commodities player in live mrkt when crude oil was changing the horizon.
Hopefully bulls oblige here and give the tgt.
Cmp is 6835..š
#ganntimeanalysis
