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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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..ππ
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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 π
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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.
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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.
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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..π
#ganntimeanalysis
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the zone into play today in crudeoil...
From 6725 to 6500 is no trading zone or you can say a trap zone...
Rest price action is the key
#crudeoiltraders
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Note to Telegram Followers...
1. In time trading, I have shared 2nd aug being a swing top time and market obliged to that and tremendous gain we got.
2. However, bulls comes up with the denial of the Lowers MOB/Time Level and manage to closed above it.
3. Bears can control the price max for 2/3 trading session.
4. Any gap down opening.....try to find the support level as per ur tools, I would be using gann retracements/static gann levels and lower time(MOB) support level to take some swing trade for upside.
5. Upper Time resistance would be crucial to watch (19670-19700), if bulls manage to give closing above this, we fly much higher.
5. Conclusion - If you are a bull, than find support...If you are a bear than wait for lower time support to be broken in both Index. As per me, point no 3 and 4 would be important and on play.
Time Support for Nifty - 19426-19370...
July/Aug mentees...patience will pay you big...so we play levels instead of anything else.
Disclaimer - All above information is for educational purpose only. Please consult your financial advisor before investment.
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Finnifty expiry...very volatile for option buyer..managed with help of gann levelππ
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Both index maintaining the Time Support...so weakness is not seen..
But the market is of Option Seller...
They are holding Strangle position.
My approach is quick momentum trade and to wait for Upper Time Zone to Press the sell button....
If upper zone broken on closing basis...the Uptrend continues and we go much higher levels or prev swing high price made.
Thanx
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19600 pe cmp at 72
MOB level is at 54
So we trade near MOB level where risk reward is favourable.
For ur observation πππ
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very far from the range...
Let trade come to our zone as our money is important.
"Trading in the Zone"
by Mark Douglas.ππ
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Last date for registration is 10th Aug.
Only for those who believe and would like to learn this topic.
Watch the complete video and decide further.
Thanxππ
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Commodities Traders
Crudeoil - CMP 6859 (Aug contract)
Crudeoil has change the territory after giving a close above 5929 Imp TIME LEVEL.
Till crudeoil is trading above this, it's surely a buy on Dips strategy to work well. That's for someone who is looking for 3-5 months view, remember the level 5929.
Secondly a trader who is looking for Swing trade or intraday opportunity...
My understanding is 6725-6784 is the zone for Buying for the tgt of 7057β7225β7397 level.
Remember the zone 6725-6784 where risk reward is favourable.
Any breakdown of 6500 level on downside can call for some quick correction towards 6401β6241 level.
Now if you are a investor, you have the level.
If you a bull, you have the zone to play...and tgt to achieve.
If you are a bear, you have the critical level to wait for the breakdown.
Gann theory works in all financial market, I dont trade commodities but many of you would be doing.
For ur observation purpose only.
Disclaimer - Above information is shared for educational purpose only. Please consult ur financial advisor before taking any financial decision.
