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NIFTY | Gann Master 12 Chart Case Study

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NSE:NIFTY   Nifty 50 Index
Gann Master 12 Chart

  • Gann Master 12 Chart (or Square of 12 Chart) is a time forecasting technique discovered by W. D. Gann which works amazingly well in describing longer time cycles. The chart appears as a two dimensional matrix containing 12 rows and 12 columns. Numbers in the chart usually denote time in Years. The matrix is constructed beginning with number 1 in the bottom left corner cell. It progresses in bottom up fashion from 2 to 12 in the first column. Second column starts with the number 13 in the bottom and moves up till 24. All the remaining columns of the matrix are constructed in similar fashion, finally placing number 144 (which is square of 12) in the top right corner cell of the matrix.

  • Years in the top (i.e. first) row represents top formation years whereas years in the middle (i.e. seventh) row represents bottom formation years.

    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    12 ------ 24 ------ 36 ------ 48 ------ 60 ------ 72 ------ 84 ------ 96 ------ 108 ------ 120 ------ 132 ------ 144 (First Row : Top Formation Years)
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    11 ------ 23 ------ 35 ------ 47 ------ 59 ------ 71 ------ 83 ------ 95 ------ 107 ------ 119 ------ 131 ------ 143
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    10 ------ 22 ------ 34 ------ 46 ------ 58 ------ 70 ------ 82 ------ 94 ------ 106 ------ 118 ------ 130 ------ 142
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    9 -------- 21 ------ 33 ------ 45 ------ 57 ------ 69 ------ 81 ------ 93 ------ 105 ------ 117 ------ 129 ------ 141
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    8 -------- 20 ------ 32 ------ 44 ------ 56 ------ 68 ------ 80 ------ 92 ------ 104 ------ 116 ------ 128 ------ 140
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    7 -------- 19 ------ 31 ------ 43 ------ 55 ------ 67 ------ 79 ------ 91 ------ 103 ------ 115 ------ 127 ------ 139
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    6 -------- 18 ------ 30 ------ 42 ------ 54 ------ 66 ------ 78 ------ 90 ------ 102 ------ 114 ------ 126 ------ 138 (Seventh Row : Bottom Formation Years)
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    5 -------- 17 ------ 29 ------ 41 ------ 53 ------ 65 ------ 77 ------ 89 ------ 101 ------ 113 ------ 125 ------ 137
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    4 -------- 16 ------ 28 ------ 40 ------ 52 ------ 64 ------ 76 ------ 88 ------ 100 ------ 112 ------ 124 ------ 136
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    3 -------- 15 ------ 27 ------ 39 ------ 51 ------ 63 ------ 75 ------ 87 ------ 99 -------- 111 ------ 123 ------ 135
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ -------- ------
    2 -------- 14 ------ 26 ------ 38 ------ 50 ------ 62 ------ 74 ------ 86 ------ 98 -------- 110 ------ 122 ------ 134
    ------ -------- ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ -------- ------
    1 -------- 13 ------ 25 ------ 37 ------ 49 ------ 61 ------ 73 ------ 85 ------ 97 -------- 109 ------ 121 ------ 133 (Last Row : Crash !)

  • Vibration number of the top formation years follow a definite sequence : 3-6-9-3-6-9-3-6-9-3-6-9
    12 -> 1 + 2 = 3
    24 -> 2 + 4 = 6
    36 -> 3 + 6 = 9
    48 -> 4 + 8 = 12 -> 1 + 2 = 3
    60 -> 6 + 0 = 6
    72 -> 7 + 2 = 9
    84 -> 8 + 4 = 12 -> 1 + 2 = 3
    and so on.

  • Similarly, the bottom formation years follow a specific sequence of vibration numbers : 6-9-3-6-9-3-6-9-3-6-9-3

  • If you notice carefully, 3-6-9-3-6-9-3-6-9-3-6-9 is a vibration sequence of 30º-60º-90º-120º-150º-180º-210º-240º-270º-300º-330º-360º angles round the circle.

  • Another important sequence of years in the chart is 9-18-27-36-45-54-63-72-81-90-99-108-117-126-135-144 (i.e. series of 9) wherein vibration number for each one of them is 9.


Gann Master 12 Chart for NIFTY 50

  • The Master 12 Chart for NIFTY 50 has been constructed beginning 1996 in the bottom left corner cell ranging up to year 2139 in the top right corner of the chart.

    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2007 ------ 2019 ------ 2031 ------ 2043 ------ 2055 ------ 2067 ------ 2079 ------ 2091 ------ 2103 ------ 2115 ------ 2127 ------ 2139
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2006 ------ 2018 ------ 2030 ------ 2042 ------ 2054 ------ 2066 ------ 2078 ------ 2090 ------ 2102 ------ 2114 ------ 2126 ------ 2138
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2005 ------ 2017 ------ 2029 ------ 2041 ------ 2053 ------ 2065 ------ 2077 ------ 2089 ------ 2101 ------ 2113 ------ 2125 ------ 2137
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2004 ------ 2016 ------ 2028 ------ 2040 ------ 2052 ------ 2064 ------ 2076 ------ 2088 ------ 2100 ------ 2112 ------ 2124 ------ 2136
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2003 ------ 2015 ------ 2027 ------ 2039 ------ 2051 ------ 2063 ------ 2075 ------ 2087 ------ 2099 ------ 2111 ------ 2123 ------ 2135
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2002 ------ 2014 ------ 2026 ------ 2038 ------ 2050 ------ 2062 ------ 2074 ------ 2086 ------ 2098 ------ 2110 ------ 2122 ------ 2134
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2001 ------ 2013 ------ 2025 ------ 2037 ------ 2049 ------ 2061 ------ 2073 ------ 2085 ------ 2097 ------ 2109 ------ 2121 ------ 2133
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    2000 ------ 2012 ------ 2024 ------ 2036 ------ 2048 ------ 2060 ------ 2072 ------ 2084 ------ 2096 ------ 2108 ------ 2120 ------ 2132
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    1999 ------ 2011 ------ 2023 ------ 2035 ------ 2047 ------ 2059 ------ 2071 ------ 2083 ------ 2095 ------ 2107 ------ 2119 ------ 2131
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    1998 ------ 2010 ------ 2022 ------ 2034 ------ 2046 ------ 2058 ------ 2070 ------ 2082 ------ 2094 ------ 2106 ------ 2118 ------ 2130
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    1997 ------ 2009 ------ 2021 ------ 2033 ------ 2045 ------ 2057 ------ 2069 ------ 2081 ------ 2093 ------ 2105 ------ 2117 ------ 2129
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
    1996 ------ 2008 ------ 2020 ------ 2032 ------ 2044 ------ 2056 ------ 2068 ------ 2080 ------ 2092 ------ 2104 ------ 2116 ------ 2128
    ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------

  • Years in the first row are Top formation years; years in the middle row (i.e. seventh row) are bottom formation years and years in the last row are crash years. Is It True ?

  • NIFTY 50 index was launched in 1996 (bottom left corner cell).

  • Formed an intermediate bottom in November 1998 around 800 level. From this level, NIFTY rallied more than 100% within 18 months and formed a top around 1800 level. Please note that, the year 1998 (1998 -> 1 + 9 + 9 + 8 = 27 -> 2 + 7 = 9) has vibration number 9.

  • NIFTY formed bottom around 850 in September 2001. Year 2001 is a bottom formation year according to the Master 12 Chart.

  • NIFTY formed top around 6300 in December 2007. Year 2007 is a top formation year according to the Master 12 Chart. Also, it was a vibration number 9 year (2007 -> 2 + 0 + 0 + 7 = 9).

  • The Great Crash of 2008 happened. NIFTY crashed nearly 60% from its 2007 top forming bottom around 2500 level.

  • NIFTY traded between 2500 and 6300 levels till mid 2013.

  • Bullish wave started forming bottom around the 5200 level in August 2013. Year 2013 is a bottom formation year according to the Master 12 Chart.

  • Formed an intermediate bottom in February 2016 around 6825 level. From this level, NIFTY unanimously rallied nearly 75% within 36 months to reach 12300 level. Interestingly, the year 2016 (2016 -> 2 + 0 + 1 + 6 = 9) too has vibration number 9.

  • Covid Crash of Year 2020 happened. NIFTY crashed 40% to form the bottom around 7500 level. NIFTY bounced back nearly 100% from Covid low within a year's time. Currently trading in the ATH zone of 15000.


Conclusions


In summary, NIFTY formed bottom in the year 2001, topped out in 2007, crashed in 2008, bull run started forming bottom in 2013, topped out in 2019, crashed in 2020. Period.

As per the Master 12 chart, NIFTY may remain in revival phase till the year 2024.

Year 2025 could be the beginning of a bull market. As per the Master 12 chart, 2025 is a bottom formation year and is a vibration 9 year too (2025 -> 2 + 0 + 2 + 5 = 9).

Year 2031 could be the end of the bull market and the cycle repeats.



Reference:
Original article was published on 12-Sep-2019 as a private blog.
equiknowx.blogspot.c...sis-using-ganns.html

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