Sensex has been nothing more than sensational in the high prices scaled by it. Recent highs being at 75125 odd. Now in Gann Theory markets move in sections of 3/4 parts. Taking the price section of 100000 on Sensex we are at the 3rd section near 75000 which will be critical henceforth. Recent move from lows of 71675 on 20 March 2024 we have moved 3500 odd points higher. Price squaring level to watch 75375. Time squaring date to watch is 22 april 2024. watch both price and time metrics for your bias on the Sensex.
Intraday range to be watched is 75015 and 74820 with breakout or fakeout happening outside the range. Expecting good volatility so extreme levels to watch are 74475 and 75550.
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.
Intraday range to be watched is 75015 and 74820 with breakout or fakeout happening outside the range. Expecting good volatility so extreme levels to watch are 74475 and 75550.
Happy Trading !!!
N.B. Not a finanancial 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 programme for this opportunity to use it freely to
express our ideas to the community of traders.