Disclaimer:
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Axis Bank | Observing Gann Square of 9 Behaviour
Educational Case Study – 05 April 2022
This example demonstrates how Gann Square of 9 degree levels can be used to study potential reaction zones in price movement. The purpose of this study is to observe how price interacts with mathematically derived levels rather than to provide trading instructions.
For this session, price was converted into degree levels using the Gann Square of 9 method. These levels were calculated before the intraday movement to maintain an objective and rule-based approach.
Pre-Calculated Gann Degree Levels (Upside Reference)
0 Degree: ₹777
45 Degree: ₹791
90 Degree: ₹805
135 Degree: ₹819
180 Degree: ₹834
These levels represent structured reference zones where price may show temporary balance, reaction, or pressure depending on market conditions.
Observed Market Behaviour
During the session, Axis Bank began an upward move from the reference zone near ₹777.
As price progressed upward:
• Price approached the 45-degree level near ₹791
• Near this level, upward momentum slowed and the chart showed temporary resistance behaviour
• The market displayed observable selling pressure near this vibration level
This reaction illustrates how degree-based levels can act as potential reaction zones where price behaviour may temporarily change.
After interacting with this level, price moved lower during the session, reflecting how market participants sometimes respond near mathematically derived zones.
Time and Price Relationship Observation
In Gann methodology, both price movement and time interaction are often observed together.
During this case:
• The 45-degree level was reached within the active trading session
• Price behaviour near the degree level showed temporary pressure and reaction
• Such zones are studied as areas of observation rather than prediction
This reinforces the importance of observing price behaviour around predefined structural levels.
Educational Insights from This Example
This case study highlights several important concepts:
• Gann Square of 9 converts price into structured degree relationships
• Degree completion may highlight potential reaction zones
• Market behaviour near these zones can provide insights into price balance
• Pre-calculated levels help maintain disciplined analysis
• Structured observation improves understanding of market behaviour
The goal of such studies is to understand how price reacts around mathematical levels, rather than assuming guaranteed outcomes.
Key Learning Points
• Degree levels act as observation zones in market structure
• Reaction near vibration levels reflects changes in price momentum
• Not every level results in immediate directional continuation
• Structured analysis helps avoid random interpretation
• Gann methodology focuses on price–degree relationships
This example demonstrates how historical chart studies can help traders better understand price behaviour using Gann Square principles.
This study is shared purely for educational purposes using historical market data.
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Axis Bank | Observing Gann Square of 9 Behaviour
Educational Case Study – 05 April 2022
This example demonstrates how Gann Square of 9 degree levels can be used to study potential reaction zones in price movement. The purpose of this study is to observe how price interacts with mathematically derived levels rather than to provide trading instructions.
For this session, price was converted into degree levels using the Gann Square of 9 method. These levels were calculated before the intraday movement to maintain an objective and rule-based approach.
Pre-Calculated Gann Degree Levels (Upside Reference)
0 Degree: ₹777
45 Degree: ₹791
90 Degree: ₹805
135 Degree: ₹819
180 Degree: ₹834
These levels represent structured reference zones where price may show temporary balance, reaction, or pressure depending on market conditions.
Observed Market Behaviour
During the session, Axis Bank began an upward move from the reference zone near ₹777.
As price progressed upward:
• Price approached the 45-degree level near ₹791
• Near this level, upward momentum slowed and the chart showed temporary resistance behaviour
• The market displayed observable selling pressure near this vibration level
This reaction illustrates how degree-based levels can act as potential reaction zones where price behaviour may temporarily change.
After interacting with this level, price moved lower during the session, reflecting how market participants sometimes respond near mathematically derived zones.
Time and Price Relationship Observation
In Gann methodology, both price movement and time interaction are often observed together.
During this case:
• The 45-degree level was reached within the active trading session
• Price behaviour near the degree level showed temporary pressure and reaction
• Such zones are studied as areas of observation rather than prediction
This reinforces the importance of observing price behaviour around predefined structural levels.
Educational Insights from This Example
This case study highlights several important concepts:
• Gann Square of 9 converts price into structured degree relationships
• Degree completion may highlight potential reaction zones
• Market behaviour near these zones can provide insights into price balance
• Pre-calculated levels help maintain disciplined analysis
• Structured observation improves understanding of market behaviour
The goal of such studies is to understand how price reacts around mathematical levels, rather than assuming guaranteed outcomes.
Key Learning Points
• Degree levels act as observation zones in market structure
• Reaction near vibration levels reflects changes in price momentum
• Not every level results in immediate directional continuation
• Structured analysis helps avoid random interpretation
• Gann methodology focuses on price–degree relationships
This example demonstrates how historical chart studies can help traders better understand price behaviour using Gann Square principles.
This study is shared purely for educational purposes using historical market data.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.