GANN SQUARE OF 9 ANALYSIS ON NIFTY 50
taking 1 as 100 we can find that 111 = 11100 and 106 = 10600. these are important gann numbers lying on cardinal cross and diagonal cross of gann square of 9. in nifty 50 these level worked well. when nifty was at 10600 it took many times support at this level.
10850 is the mid point of 11100 and 10600. at 10850 level we can see nifty took many time resistance but once it crossed it reached 11100 very easily.
but now nifty is taking support at this level once it breaks 11100 then we can assume 10850 to act as support. otherwise we can assume upward movement till 11350-11600
11600 is also gann number 116
11350 is the mid point of two important gann numbers 11100 and 11600 can act as good resistance for now.
FOR ONLY EDUCATIONAL PURPOSE...
credit goes to Mr raju chowksey with the help of his videos and post i could learn this thing.
10850 is the mid point of 11100 and 10600. at 10850 level we can see nifty took many time resistance but once it crossed it reached 11100 very easily.
but now nifty is taking support at this level once it breaks 11100 then we can assume 10850 to act as support. otherwise we can assume upward movement till 11350-11600
11600 is also gann number 116
11350 is the mid point of two important gann numbers 11100 and 11600 can act as good resistance for now.
FOR ONLY EDUCATIONAL PURPOSE...
credit goes to Mr raju chowksey with the help of his videos and post i could learn this thing.
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