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Gann

SENSEX GANN ANALYSIS FOR WEEKLY EXPIRY 24 MAY 2024Sensex has made a new ATH 75499.91 on 23 May 2024. Earlier swing low came in at 71886.01 on 13 May 2024. Thats a swing of 3500 points in 8 trading days. This sequence has been going from the start of the Gann year with low at 71674.42 on 20 Mar 2024. We have very well the 72000 to 75000 range. Gann students know the importance of this range. The important level to watch on chart 74637.50 for the trend to continue ahead. We had cluster resistance at 75199.91 and 75312.50. We have closed above it at 75418.04. So this become crucial for expiry tomorrow. Next level to watch is 75650 which will set the trend further. So watch the range of 75200 and 75650 as trading range. Extensions can be seen out of this range to 75987 and 76099. 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.
BSE:SENSEX
by kbr9121965
NIFTY GANN ANALYSIS FOR WEEKLY EXPIRY 23 MAY 2024Nifty has started this weekly expiry with a low of 22345 and never looked back. It has hit an weekly high yesterday at 22629. So nearly a rise of 300 points is seen on the index. Previous week high at 22520 was crossed on Tuesday at 11:15 candle and we hit high of 22591 at 12:45 candle. A gain of 70 points intraday within 2 hours a decent intraday future and option trade. Again yesterday we made an low below 22500 after opening gap up at 22576. Another opportunity to go long above 22520 and intraday high hit was 22629. Another execellent opportunity intraday for future and option traders. The level of 22617 was important yesterday and called death zone and we needed a close above of it to make an attempt to go further. We closed at 22597.80 just below 22600. We have a cluster support of 22587 and 22581 and below it trend decider level at 22563. We will be in dowtrend below 22563. Another cluster support comes in at 22545 and 22539. If this is broken we may take support at 22509. Big level of Nifty is 22500 for major trend to be positive. Happy Trading !!!
NSE:NIFTY
by kbr9121965
NVIDIA CORPORATION GANN WEEKLY ANALYSIS FOR 22 MAY 2024...Nvidia Corporation has been in the news for the recent past and seen a fantastic run on its price with AI Technology progress.NVIDIA DGX-2™ is the most powerful tool for AI training, using 16 GPUs to deliver 2 petaflops of training performance to data teams. Adding in the extreme IO performance of NVIDIA Mellanox InfiniBand networking, DGX-2 systems quickly scale up to supercomputer-class NVIDIA SuperPODs. Nvidia Corp completed an important Gann Cycle in Apr 2023. Therafter the price nearly doubled within the time cycle on chart. But the real rise came in at the shortest time cycle within the next major time cycle. It hit he high of 767.66 a double top to earlier high of 974. as per price it had a support at 786 and we got the low of 756.06. We are rising up from that low to current level of 958.19 on last weekly candle attempting to take the highs of 974 and 967. Next critical date is 24 Jun 2024 on it. We need to cross the level of 1048 by then for further growth in it. 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.
NASDAQ:NVDA
by kbr9121965
BTCUSD GANN WEEKLY ANALYSIS FOR 22 MAY 2024...BTCUSD has made an new All Time High at 73794 on 11 Mar 2024 weekly candle. The recent major swing low was at 15479 on 21 Nov 2022. Its been a fantastic rise to the new all time highs thereafter. Recently we have attempted to make new highs on 08 Apr 2024 a month after the 11 mar 2024. Again another attempt is being made now at 71958 in this weekly candle. The level on downside to watch was 61403. This level was hit many times in recent past 04 Mar 2024 , 18 Mar 2024 , 08 Apr 2024 , 15 Apr 2024 and 29 apr 2024 with swing low at 56500. This level responds to one of Gann Squares perfectly which gives further levels of 67500 and 78750. On charts the level of 72979 is important. Above which we may go on the next level of 76957. We have a weekly time cycle date coming in at 22 Jul 2024 which will be interesting to watch where we make a ATH till that time. Will it a big dash on the upside needs to be watched. 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.
BITSTAMP:BTCUSD
by kbr9121965
BANKNIFTY GANN ANALYSIS FOR WEEKLY EXPIRY 22 MAY 2024...Bank Nifty has hit a high yesterday at 48259.75 which was a double top with similar high at 48258.65 on 09 May 2024 at 9:15 am candle. From there we went on downside to hit a swing low of 46983.25 on 13 May 2024 at 10:40 am candle. For intraday the range levels are 47987 and 48109 to watch. Expansion on either side could be 48230 and 47865. Further expansion if it happens then 47724 and 48372. Trend Deciding level to watch is 48084. 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.
NSE:BANKNIFTY
by kbr9121965
DOW JONES INDUSTRIAL AVERAGE INDEX GANN WEEKLY ANALYSIS MAY 2024DJIA had a major swing from high of 03 Jan 2022 and low at 10 Oct 2022. The low of Oct 2022 came in at 28660.94. This was an important low as per Gann Master Square of 144. Thereafter we had a target of 36000 which was achieved nearly on 50% of weekly time cycle at high of 35679.13 on 31 July 2023. Correction was expected till 32400 levels we got an low of 32327.20 on 23 Oct 2023 an anniversary date of 10 Oct 2022. Something workout to the perfection in Gann trading systems. It is for us the students of Gann School of thought process to follow the knowledge given by the legendary trader W. D. Gann himself. Also forget the heresay about him and the mysteries or doubts of his success as talked about in the media. You have to prove the things to your satisfaction and you will be a success are the very words of the master trader himself. Doubting is easy and proving to yourself is always hard. After doing it to your satisfaction there is no need to prove it to the world. Work silently and be happy. After 36000 we were looking at the target of 39600 and voila we achieved it on 18 Mar 2024. Therafter correction to 36000 was expected but was restricted to 37611.56 at 50% level. The 50% rule will save you always to be on the right side of the markets. Currently we have cluster resistance at 39753.86 and 40101.02. The recent swing high 40051.05 so we are there at the cusp of the target. 40000 to be watched hereafter as psychological resistance or support whatever you call it. Major level ocn charts coming at 41141.66. 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.
TVC:DJI
by kbr9121965
NASDAQ COMPOSITE INDEX WEEKLY GANN ANALYSIS FOR MAY 2024Nasdaq Composite Index had made an important swing bottom in the week of 10 Oct 2022 at 10088.83. As per monthly time cycle Sept 2022 was important we were off by two weeks. The level os 10000 was psychological support which was protected. Next target on it was Gann 50% Rule at 15000. This was attempted by it with a high of 14446.55 and 14370.91 at 50% time on the weekly time cycle at the fag end of July 2023. Thereafter we corrected for 12 weeks to make a low of 12543.86 on 23 Oct 2023 weekly candle. This was again 50% rule applied of the 50% rise given by the index. So from here we expected another 50% growth on price with targets of 17500.We have a recent high at 16797.83 on the last weekly candle. next week is important timewise and the figure of 17000 is important and 17500 is more important for the Nasdaq Composite. Let's see where we hit on the time cycle. 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.
NASDAQ:IXIC
by kbr9121965
S&P 500 INDEX WEEKLY GANN ANALYSIS FOR MAY 2024S&P 500 Index has been rising from the 10 Oct 2022 weekly candle with an low of 3489. The crossing of 3600 confirmed the low on it after it closed at 3761.40 on the 17 Oct 2022 candle. The geometry of market is working at its best with the index nearing the target of 5400 with the recent weekly high at 5327.30 on the last weely candle. We are nearing the completion of one of the weekly cycles coming to an end next week. The index can grow further on closing above 5400. Price cycle completion seen at 5670 to 5759.90. The said targets can be achieved after momentum above 5400. Downside levels to be watched for correction are 5130 and 5039.90. Recent low was at 4930. Swing target from the low comes at 5470. interesting to watch if hit the target of 5400 next week on the weekly time cycle. 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.
OANDA:SPX500USD
by kbr9121965
Alert: AEVO Down -80% from Its All-Time High, What Next ?AEVO Down -80% from Its All-Time High AEVO, listed on Binance on March 13, 2024, experienced a significant price movement shortly after its listing. Within 15 days, AEVO hit an All-Time High (ATH) of $3.94 from its listing price of approximately $2.80. Current Status: Current Price: $0.76 Down -80% from ATH Technical Analysis Highlights: - The chart indicated a clear exit point at the breakdown of the $2.93 support level. - An alert was triggered when a bearish flag formed last month, followed by a breakdown and retest at the $1.46 level. - It's crucial to learn from market movements and avoid trading blindly. Many investors who entered at the ATH are now facing an -80% decline. Investment Impact: An investment of $100,000 at ATH is now worth only $20,000. Trade smartly, guys! Always perform thorough analysis and stay vigilant with market signals. Like and Share with your friends.
Short
by CryptoPatel
1
NIFTY GANN ANALYSIS FOR WEEKLY EXPIRY OF 16 MAY 2024Nifty Index after falling to swing low of 21821 is recovering from the correction after all time high at 22775. We have hit a high of 21300 odd levels. The level of 22124 is critical for trend to continue ahead. We had double tops at 22124 and 22126 in Jan and Feb 2024. Current swing low made is higher low than the two lows made earlier at 21710 on 20 March 2024 and 21777 made on 19 Apr 2024. Today's high is similar to high made of 23 Feb 2024. The levels to watch for tomorrow are 22230 and 22173. Extension of range can be seen till 22342 and 22052. Happy Trading !!!
NSE:NIFTY
by kbr9121965
NIFTY FINANCIAL INDEX WEEKLY EXPIRY GANN ANALYSIS 14 MAY 2024Nifty Financial Index has made low yesterday at 20937.25 on 09:45 am candle on 45 min timeframe of Trading View. Double bottom at 20934.40 on 10:30 am candle. Thereafter we saw recovery in the form of intraday reversal hitting a high of 22288.55 at 14:15 pm candle. Earlier swing high low comes at 21270.70 done on 10 May 09:45 am candle with the swing low made yesterday. Falling this range again will make it sideways. Expansion can be seen above this range. Intraday levels range to watch is 21277 and 21224. Expansion on either side may take it to the range of 21357 and 22143. Major Hurdle on upside at 21390 and on downside at 21107. Happy Trading !!!
NSE:CNXFINANCE
by kbr9121965
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in SELAN BUY TODAY SELL TOMORROW for 5%
NSE:SELAN
by Kapil-Mittal
5