Trading through Gann Angles

[doctorshah]

Hello friends,
Today if LT gives a close below 1598-1595 then take short position with stop loss @ 1605 on closing basis. Targets are 1561, 1521, 1482, 1444.

And if it gives a close above 1601-1605 then buy LT with stoploss @ 1495. Targets are 1640, 1680, 1721, 1762.
Take trade @ closing( i.e at 3:25-3:29 pm)

Dear DP Is the stoploss on buy side correct or typo?

 

[DPKAUR]

Dear DP Is the stoploss on buy side correct or typo?

Sorry it was typo error. SL is 1595

 

[DPKAUR]

Reliance Industries

In Reliance Industries try to make long entries in the zone from 936 - 925 - 911.
Stop-loss would be a close below 908. Targets are 936, 988, 995, 1040, 1063, 1145, 1197, 1285,1340.
The charts is giving very bullish signals. Rest market is supreme & dynamic. Our job is to do our analysis and act with proper stop-losses, rest market will prove our analysis.

Has anyone noticed today's high of RIL?? Pinpoint 987.55. This is the accuracy of Gann. Each and every Gann level is getting respect.

 

[justy]

Whats your view on Nifty?

 

[DPKAUR]

Why LT again stopped near T1of 1640 ( high 1639 as of now)? These are Gann levels. Those who made long position in this counter can book partial here with stop loss @ 1600 on closing basis.

 

[bunti_k23]

Which sw ur using dpkaur?:lol:

 

[umesh12]

Which sw ur using dpkaur?:lol:

Amit, you are not the first person to ask this question and may not be the last one also.
Perhaps DPK may oblige you this time.

 

[DPKAUR]

Buy Tata steel if its going to give a close above 487. Stoploss closing below 484. Targets are 492, 508,529
All levels are of spot

 

[manoj2012]

Please post the outlook on L & T after today's move.

Thanx

 

[DPKAUR]

Please post the outlook on L & T after today's move.

Thanx

Manoj we and our clients were long in LT since last month from 1451. This trade was our pyramiding trade. And in this trade too after booking profits partially @ our mentioned target we are now waiting for next targets with TSL @ cost.