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Gann

HDFC Bank - How market works Hello Friends, We all know that resistance drags price down and support takes price up. But, when and how it happens, probably we don't know? Plotted is the unique indicator Rekhi 144 which shows everything. I have taken HDFC Bank as an example and tried to answer first question as to how it happens? Hope every one of us will understand? But, for second question, how and when will it happen, I will post today itself more charts for you to understand the concept. Please stay connected. Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Let you grow. May! I follow you.
NSE:HDFCBANK
by rekhi567
HDFC Bank update Plotted is wonderful indicator Rekhi144 which shows at one go all the supports and resistances. Special Note for all of us: my dear followers: What is so special about this month? This is a leap year and 29th February is a special date being leap year. The stocks which had been booming for the last year will have a high on this date and those which are bearish will start their journey on this date. So, do not keep any delivery with you at the end of this week. Next week may be very volatile. I think you have understood what I want to say. Trade between this time only in the Indian Market. 2-21-24 10:04 AM 2-21-24 2:30 PM Read the notes on the chart and act accordingly. I am not a SEBI Registered Analyst. This is just for educational purposes. I will not be responsible for any of your profits or losses. Please consult your financial advisor before making any decision,
NSE:HDFCBANK
by rekhi567
BANK NIFTY HOURLY GANN PRICE AND TIME ANALYSIS 21 FEB 2024Price has come to 47003.70 an important level in Gann System . High is 47136 is odd. We are approaching time squaring zone. Price is weak as per the price and time metrics of the Gan trading systems. Price needs to accelerate with respect to the time remaining. So Bank Nifty is very interestingly poised with divergence to Nifty 50. Wiil it surprise everybody on the upside by closing the gap and making new all time highs. Its an interesting scenario to watch. Gann has said price will face stiff resistance at the third section. We are making third attempt at it. Keeping watching the third dimension of volume after price and time to get a three dimensional view of markets. 29 Feb 2024 expiry is leap year expiry expect surprises like the day on 29 Feb 2016 bottom at 13407.25 eight years back. How time flies watching the market triggering the grey cells is amazing but then its been a satisfying personal journey. Happy Trading !!!
NSE:BANKNIFTY
by kbr9121965