Bajaj Ato results today we see it on weekly chart as per W.D. Gann trading System. Bajaj Ato has made a significant run in recent swing. Level of 7000 is very important in Gann terms.Or level on chat is 7004.20 a cycle level. We have a swing high at 7419.00 on it and or level to watch was 7325.40 and we are yet to close above it. We have a weeks correctionon the...
SP500 weekly Gann levels have worked beautifully till now. 75% level was 4695.83 worked as weekly support with one week against the trend which was up. Recent weekly low was 4682.11. Note 18 Dec 2023 low was 4697.82 above which were back in the game for further upside. Again the level of 75% was or guide to go long at 4695.83. Above this level we had a target of...
Bank Nifty weekly chart with Gann Levels is attached here. Gann has givena Gann Rule of 7-10 weeks in Gann Commodities Course. He said watch this move whenmarkets are near extreme highs. Bank Nifty satisfied all the conditions. Weekly Trend is the est trend to follow for traders. The risk reward ratio is more than 1:10 in this time frame. But it meeds big pockets...
Based on Structure and Trend GBPJPY has a potential sell trade coming.
I have made an attempt to construct the famous Gann Cycle for traders who do use have exotic or costly softwares due to limited capital resources. It is oserved that Gann Angles change de to change of reference(screen size) when price action moves with time. Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time...
COFORGE results to be declared today on 22/01/2024. How to trade it being a volatile stock preferred by F&O traders. Coforge was rejected at 6757.20 level afte entering into new price cycle. Price was rejected from the start of the growth one in new cycle. We are back to cluster zone support levels. Cluster Prices to watch is 6300.05 and 6271.85 or term...
Current High was 4793.30 on 28 Dec 2023 at 20:30 IST. Squaring the Range gives imp level to watch at 4843.84. HAPPY TRADING !!!
Drawn is a Harmonic Pattern on the chart. Valid only when 1279 is maintained on Tuesday and if broken reclaimed. Future levels as well have been marked on the chart. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for...
The problem with this commodity is low volume. There was no directional movement for the past. But, now long term directional movement may come from the next week. For this crucial factors are: 1. Price Movement: A. 2.22 was the level from where last swing started but it was created only by non US Countries. Now US Countries did not make any lower than...
Squaring the range from ATH to recent swing low. We have the Gann 50% rule work here again with resistance taken there. Spport at cluster levels on chart. trend is positive above the 50% level... One of the Gann books qotes below : THE AVERAGE OR HALF-WAY POINT Always remember that the 50% reaction or the half-way point of the range of fluctuation of the extreme...
Please read notes on the chart for US Oil and act according to the levels marked for next week. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you...
Please read the notes on the chart and act accordingly. Please read the notes on the chart and act accordingly. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
Please read notes on the chart and act accordingly. I Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
Nifty50 Positional View For February 2024 Monthly Expiry... Two important levels are 21747 and 21529... Markets may remain sideways between these two levels. Buy above 21749 and Sell below 21529.... Profit taking and Loss Booking as per your Risk Profile.... Happy Trading !!! N.B. : Not a trading advice. With usual disclaimers as applicable on this beautiful platform.
We are completing a volatile week in the Indian markets after a big bull run in all broader indices. Markets movements can be very volatile whenever new all time highs are done. Corrections follow after signiicant tops are formed. I had a target near 11050-11100 on this index. All time high is 10669.50. Levels to watch on chart for today is 10562.55 and 10524.55...
$ 73.63 is the crucial point for US Oil. So, long it is not broken, not to worry at all. Expect a level of 99.8 in the coming weeks. Will keep you posted on daily levels. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for...
As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base. Squaring the ATH gives an...
For weekly expiry most important trend deciding level is 71397.06. Above this resistance is 71969.07 and below this support is 70825.05. Any expansion above the resistance and below the support may give trending move in that direction. Use the levels given prudently. Use small stop losses for trades. Preserve your capital and then aim for profits. Happy Trading...