SENSEX HOURLY GANN ANALYSIS CHART 23 AUGUST 2024

Aug 23

Sensex made an ATH at 82129.49 on 01 August 2024 at open of the day. It has corrected one cycle down which was near the level of 77968. We got at a low near the lowest vibration above the cycle level which was near 78233. Actual low was 78295.86. The fall was very swift and was completed within 16 bars on the hourly chart roughly. The rise till date has been painfully slow but we have recovered to Gann level of 81155. Currently this level is important for the index. Above which we have 81509.72 as resistance and below it we have support at 80801.46. Extension of range on either side can take us to 81952.36 and below at 80358.61. Use the levels prudently to make some decent profits for yourself.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.