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Gann

Natural Gas - How to trade on Monday Please refer to my previous live market analysis on this commodity where recommended buy at 1.618. Plotted is my wonderful indicator Rekhi144 which shows it has made a solid base at this price and closed at around 1.65. You can vouch that it is still in bearish mode because of following reasons: (i) There is imbalance in left and right shoulders. (ii) price closed under 100 SMA and 200 SMA. (iii) it will take around 5 hours on Monday for the price to come in balance. (iv) Then at least 3 hours next for price to close above 1.618 and make right shoulder heavier than left shoulder. Short term target 1.71. Conclusion: For the simplicity of understanding of all of us; at 4:30 price should be above above 100 SMA with 18 SMA cutting 36 SMA from below. If this is not the situation, wait for the evening session. I will keep you posted about the same. Disclaimer: I am not a registered analyst with any of the National/ International agency. This is only for the educational purposes. Please consult your financial advisor before making any decision. I will not be responsible of any of your profits or losses. Let you grow, May! I follow you. Thank you
CAPITALCOM:NATURALGAS
by rekhi567
US - Oil update US Oil at the break out. Please read the notes on the chart. If price closes above high of 30th November 2023 then there will be clear breakout because it will break square of November 2023 and there will be created monthly support. 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. I will not be responsible for any of your profits or losses. Let you grow and May! I follow you.
TVC:USOIL
by rekhi567
SBI Card - inverted head and shoulder pattern Please wait for 5 hrs tomorrow and see that this stock is taking support at 1:42 p.m. candle and candle price stays above this level for at least 3 hrs. Unfortunately 3 hrs. will not complete on 19th it self it will happen on 20th. Conclusion: When price stays above 720 on 20th buy will SL 0f 700. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. It is only for educational purposes. I will not be responsible for any of your profits of losses. Let you grow. May! I follow you.
NSE:SBICARD
by rekhi567
Bank Nifty - Creating resistances In the Bank Nifty resistances have been created for the last two months and there is no support on the right, means without stopping anywhere Bank Nifty has moved straight forward from 45000 and there is no stoppage in between. On Monday, there are two candles (1) 9:16 a.m. and (2) 1:42 p.m. (Pivotal) Please take it as a warning that any stock or index on Monday, if falls below the level of 1:42 a.m. will go further down and those whose price remains above that will go upwards but after crossing this level on Tuesday. Therefore, next two days are very important and major reshuffle may be seen in Indian stocks. Do not take delivery of any stock on Monday and exit all long positions. Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purpose. Please consult you financial advisor before making any decision. I will not be responsible for any of your losses or profits. Let you grow; May! I follow you.
NSE:BANKNIFTY
by rekhi567
HDFC Bank - Bullish (How to trade on Monday) I am repeating here the notes as mentioned on the chart so that we all can read them properly because of lack of space there and font being very small. 1. Share Market is all about balance (taraju). Left Vs Right and bottom and top. 2. Let us examine this in the light of HDFC Bank case. 3. Check red arrow on the left at 1392.95 and corresponding candles at this price of the left. Here, everything seems to be in balance marked by the white cross line. 4. From here, right got activated means here a support got created and all the stocks bought at this price were sold 1420 and at 1422 a resistance got created marked by the green arrow. 5. Now, I have drawn a corresponding yellow arc as well. Unless this arc is broken, price cannot move up. 6. These arcs or the circles are broken only from the bottom and not from the top means price will come down, make a solid base and then go up. 7. On Monday, there are two important candles at 9:16 a.m. and 1:42 p.m. Out of these 1:42 p.m. candle is pivotal and will decide fate of all the Indian Stocks. 8. Mark 1:42 p.m. candle of this stock and all the Indian stocks. Here, a strong support will be created and stock which trade above this time for at least three hours will remain above this level will make upward swings and below it will be down. Conclusion: 1392.05 is a major support for HDFC Bank but it cannot go up beyond 1422 before 5 hrs of trading next. Those who have the delivery, need not worry, it has just started its upward journey and will move forward. Special Point (Whenever HDFC Bank breaks high of 7th February 2024 on closing basis, it will become overall bullish). 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.
NSE:HDFCBANK
by rekhi567
S&P 500 HOURLY GANN LEVELS CHART 16 FEB 2024S&P 500 is the most advanced and most trade market and also most matured market to analyse and trade. You need the qualities of a seasoned campaigner to tame the beast. Here is where Gann Trading Systems can help you a lot to understand it. Look at the chart above. We got a double bottom on hourly charts at 4819.09 on 05 Feb 2024 at 20:30 IST. Another bottom at 4920.31 on 13 feb 2024 at 1:30 IST. We were supported at the important Gann Level before that. Magic Figure was 5050 on it. Above this we have cluster resistance at 5083.26 and 5091.90. Below we have cluster support at 5010.43 and 4090.69 respectively. It would be interesting to watch if it crosses above 5125 till 5180 on the upside. Happy Trading !!!
CBOE:SPX
by kbr9121965
NIFTY MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:NIFTY
by YASHSINCE1995
BANKNIFTY MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:BANKNIFTY
by YASHSINCE1995
MIDCAP MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:MIDCPNIFTY1!
by YASHSINCE1995