kbr9121965

kbr9121965

Midcap Select Index has closed at 10415.95. It is sideways between 10346.30 and 10465.10. We are waiting for Budget clues and after a fantastic run markets are cooling down. We were resisted at the cluster levels of 10562.55 and 10583.95. We have retraced down nearly 150 points from there. Important trend deciding level for expiry is 10405.70. Above which trend is...

kbr9121965

I have manually constructed Gann Angles for XAUUSD scrip without the use of any software tools. The levels of 2022.04 and 2033.89 are important for it. Below these we may see a bigger correction on it to 50% level shown on charts. Expecting volatility to increase on the scrip with moves getting bigger on both sides. Trade safely as we are nearing Gann Mid....

kbr9121965

Yes bank has hit the high at 26.25 recently. Growth will happen above 26.05. Major support at 22.15 and below it is 19.55. Trend will change below 19.55. Short term traders can use 24.10 as a buy with 23.70 as stop loss with targets of 24.90 , 25.30 and 25.70. Happy Trading !!! N.B. Not a Trading Advice. Use your discretion and risk Reward Profile for trading....

kbr9121965

VEDL has made a double bottom around the level of 206.00. Before that it has retraced to 50% levels at 323.40. After double bottom it has now retraced to 25% levels at 264.70. his is the main level to watch as trend decider. Above 264.70 it may show recovery. Below 264.70 it may show sideways to negative price action. It needs to gather the energy to break 264.70...

kbr9121965

Cipla has gapped up into a cycle zone. We were expecting it as it took support at the exact level where we pyramyded it. September/ October 2023 ample time was given it for entry. Its being one of our favourite picks. Happy Trading !!!

kbr9121965

Index is sideways between to cluster levels as sen on chart. Trend deciding level is 45370.70. Downside clusters are 44554.55 and 44260.65. Upside clusters are 46187.30 and 46415.90. Happy trading !!! N. B. Not a trading advice. With usual disclaimers as applicable within the reach of this beautiful trading and analysis platform.

kbr9121965

See the red angle working on the chart with price action. It has failed to cross it twicw. Nice shorting opportunities. Already explained in earlier post regarding construction of the chart on Trading View. Horizontal level worked perfectly today for options trades on hourly basis. Happy Trading !!!

kbr9121965 Updated 

Nifty 50 has taken support at an important level on chart with low at 21137.20 and our level on chart is 21151.70. We bought 21500ce at 17 and closed 50% at 34 and trailing it now. Happy Trading !!!

kbr9121965

Bajaj Ato results today we see it on weekly chart as per W.D. Gann trading System. Bajaj Ato has made a significant run in recent swing. Level of 7000 is very important in Gann terms.Or level on chat is 7004.20 a cycle level. We have a swing high at 7419.00 on it and or level to watch was 7325.40 and we are yet to close above it. We have a weeks correctionon the...

kbr9121965

SP500 weekly Gann levels have worked beautifully till now. 75% level was 4695.83 worked as weekly support with one week against the trend which was up. Recent weekly low was 4682.11. Note 18 Dec 2023 low was 4697.82 above which were back in the game for further upside. Again the level of 75% was or guide to go long at 4695.83. Above this level we had a target of...

kbr9121965

Bank Nifty weekly chart with Gann Levels is attached here. Gann has givena Gann Rule of 7-10 weeks in Gann Commodities Course. He said watch this move whenmarkets are near extreme highs. Bank Nifty satisfied all the conditions. Weekly Trend is the est trend to follow for traders. The risk reward ratio is more than 1:10 in this time frame. But it meeds big pockets...

kbr9121965

I have made an attempt to construct the famous Gann Cycle for traders who do use have exotic or costly softwares due to limited capital resources. It is oserved that Gann Angles change de to change of reference(screen size) when price action moves with time. Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time...

kbr9121965

COFORGE results to be declared today on 22/01/2024. How to trade it being a volatile stock preferred by F&O traders. Coforge was rejected at 6757.20 level afte entering into new price cycle. Price was rejected from the start of the growth one in new cycle. We are back to cluster zone support levels. Cluster Prices to watch is 6300.05 and 6271.85 or term...

kbr9121965

Current High was 4793.30 on 28 Dec 2023 at 20:30 IST. Squaring the Range gives imp level to watch at 4843.84. HAPPY TRADING !!!

kbr9121965 Updated 

Squaring the range from ATH to recent swing low. We have the Gann 50% rule work here again with resistance taken there. Spport at cluster levels on chart. trend is positive above the 50% level... One of the Gann books qotes below : THE AVERAGE OR HALF-WAY POINT Always remember that the 50% reaction or the half-way point of the range of fluctuation of the extreme...

kbr9121965 Updated 

Nifty50 Positional View For February 2024 Monthly Expiry... Two important levels are 21747 and 21529... Markets may remain sideways between these two levels. Buy above 21749 and Sell below 21529.... Profit taking and Loss Booking as per your Risk Profile.... Happy Trading !!! N.B. : Not a trading advice. With usual disclaimers as applicable on this beautiful platform.

kbr9121965

We are completing a volatile week in the Indian markets after a big bull run in all broader indices. Markets movements can be very volatile whenever new all time highs are done. Corrections follow after signiicant tops are formed. I had a target near 11050-11100 on this index. All time high is 10669.50. Levels to watch on chart for today is 10562.55 and 10524.55...

kbr9121965

As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base. Squaring the ATH gives an...