Gann
12 Apr - BankNifty was not that bearish, but a HH is formed.BankNifty Analysis - Stance Neutral ➡️️
BankNifty did not fall as much as Nifty50 today, we opened -244pts as gap-down, and the first candle itself was a strong green candle which gave the impression that the Bears may lose control.
The follow-up action was good enough and we retested the swing low by 09.47 giving some hope, but again the markets started recovering till 12.11. I was posting in our trader's chat group that if we stay like this the short covering will come in and we may end up going up and that is exactly when the 2nd round of selling came in. In the second leg, we lost another 311 points ~ 0.64%.
On the 63mts TF, BankNifty ended up creating the higher high. To know if the bullish trend is at threat or not - we should take out the support of 47465 soon, but that is around 1000pts away. We would like to start Monday with a neutral stance and then take it up from there.
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BankNifty Algo trades ended with a gain of Rs7735. Prematurely exited at 09.44 sensing the markets were beginning to crack.
BTC - Live Market Analysis
Please read the notes as mentioned on the chart. Look for the two red lines drawn. These are very crucial. Wherever these lines are broken there is going to be blast.
Disclaimer: It is only for educational purposes. I am not a registered analyst with any of the National/International agency. Please consult your financial advisor before making any decision.
Thank you
SENSEX WEEKLY EXPIRY GANN DAILY LEVELS CHART 12 APR 2024Sensex 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.
Nestle India - How to trade on 12-04-2024
Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
Natural Gas - Live Market Analysis
Please read the notes as mentioned on the chart.
12:37 candle is pivotal.
Disclaimer: I am not a Registered Analyst with any of the National or International Agency and it is only for educational purposes. Please consult your financial advisor before making any decision.
Bank Nifty - How to trade today 11-04-2024
Please read the notes as mentioned on the chart. Time candle to watch 4-11-24 12:37 PM
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
BANK NIFTY INDEX 45 MIN GANN ANALYSIS FOR EXPIRY 10 APR 2024Bank Nifty index has made ATH yesterday at 48960 odd. Then gave some intraday corretion and closed at 48730. Here also after 28 Dec high of 48636 we have a choppy run om Bank Nifty index but the bull run from covid lows has been fantastic. Squaring time date id 25 April 2024. squaring Price is 48829. Use both Price and Time metrics for your bias on the index.
Intraday range to watch is 48791 and 48669. Breakout and Fakeout above this levels. Extreme range levels are 49504 and 48487.
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.
NIFTY 50 45 MIN CHART GANN ANALYSIS FOR EXPIRY 10 APR 2024Nifty 50 Index has made an ATH at 22678.40 yesterday... It's making higher high and lower low comibinations from 24 Jan 2024 low of 21137 odd. The dream bull market run continues from covid lows so enjoy the party till it continues. Next Squaring date is 24 April 2024. April month is 49 th month from covid lows which is important in Gann Theory. Squaring Price is 22537 on Nifty 50. Use both of them for your Index Analysis.
Intraday levels range is 22671 and 22615. Breakout or fakeouts on either side. Extreme range is 22841 and 22445.
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.
Gold - How to trade
It is in crucial stage and seems to be moving higher high. Red line is the stop loss, Buy above green line and White line is the target.
Disclaimer: I am not a registered analyst with any of the National/International agency and it is only for educational purpose. Please consult your financial advisor before making any decision.
Thank you
Jio Financial - How to trade
The stock seems to be in distribution phase and it is unnecessarily far stretched with no volume. Those sitting in profits should exit and enter only above 390 when that is broken with volume.
Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
BTC - Live Market Analysis
Drawn are the two parallel lines. Price at Red line is crucial; if that is broken coin will be bearish else continue your long position.
Disclaimer: I am not a Registered Analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision.
Thank you
Bank Nifty- How to trade today and time candle
I forgot to give time candle on other stocks, please note the candle mentioned on the chart for all the Indian stocks today. Duration to trade today is
4-10-24 9:59 AM to
4-10-24 2:26 PM
Means, if any price of any stock/index is above high of 9:59 candle then buy and keep position till low of 2:26 candle otherwise go in the reverse direction.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. I will not be responsible for any of your profits or losses. Please consult your financial advisor before making any decision.
Thank you
Reliance Industries - How to trade on 10-04-2025
Please read the notes as mentioned on the chart.
Disclaimer: I am not a registered analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Nestle India - How to trade on Wednesday
Please read the notes as mentioned on the chart. Unless prices crosses white horizonal line stock cannot be bullish so, no delivery to be taken. Have patience stock has very big long term target.
Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for your losses or profits.
Natural Gas - How to Trade - Live Market Analysis
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer: I am not a registered analyst with any of the National/International agency and it is only for educational purpose. Please consult your financial advisor before making any decision.
Let you grow. May! I follow you.
Thank you
09 Apr - BankNifty is structurally more Bullish than Nifty50BankNifty Analysis - Stance Bullish ⬆️
BankNifty does an inverted V pattern today due to which the Algos went negative. Was quite happy that the losses were contained in the end, but what I learned is that sharp rises & falls take out the stop losses at both ends. And what is the end result? We are treading nowhere.
On the higher timeframe, BN looks more bullish than Nifty. Just like we discussed yesterday, only if we take a pause and retrace a few points - we can mark the higher high. Since the 11th is a holiday due to Ramadan, both Nifty and BankNifty will have the expiry tomorrow.
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Algo Trading
The trades ended today with a loss of -18294. There is no way the Algos can defend a V or an inverted V shape. The best I could do was firefight the same manually, but I decided otherwise.
NIFTY FIN SERV WEEKLY EXPIRY 09 APR 2024Index as taken today resitance at 21677. Breakout above 21632 and Breakdown above 21578. Extreme levels for expiry are 21794 and 21497. 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.
Asian paints - How to trade tomorrow
Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst. It is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
Natural Gas - How to trade tomorrow
Please read the notes as mentioned on the chart. Time candles for tomorrow are 4-8-24 9:10 AM (Pivotal)
4-8-24 1:36 PM
4-8-24 6:03 PM
4-8-24 10:29 PM
4-9-24 2:55 AM
Top most candle is pivotal and will decide the future trend in the evening session.
10:29 p.m. candle is pivotal for evening session.
Disclaimer: I am not a SEBI Registered Analyst. It is only for educational purposes. I will not be responsible for any of your profits or losses.
Thank you
Nestle India - How to trade on 08-04-2024
Please read the notes as mentioned on the chart. There is no important time candle for Monday. Better would be to check opening candle of all the stocks and make decision only after 9:33 a.m.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes only. Please consult your financial advisor before making any decision. I will not be responsible for any of your profit or losses.