Suraj151

GANN ANGLES and price movement

NSE:NIFTY   Nifty 50 Index
Hi , this is my first view being shared ON NIFTY 50
price movement can be clearly noticed in the Gann box ,exact near the angles price reversals
can be noticed which acts as prefect support and resistance,
According to the observation IF price opens above the high of 4TH JULY 2023 ,price enters into a new territory of 0.75 in the GannBox which clearly indicates the high of 4th JULY 2023 would act as a support and price can move till the top of the Gann box ,suppose 5THjuly 2023 price goes below the low of 4th JULY 2023 then price can move to lower levels .
In this image we can also notice the levels plotted on the chart which are obtained from
Gann square of 144 mentioned with degrees.
ENJOY
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