SENSEX WEEKLY EXPIRY HOURLY CHART FOR 12/01/2024Two traps Bull trap and Bear trap marked on hourly chart. We consolidating between 72394 and 70316. The decision making level is in between at 71355 wherein we have a triple bottom formation. Break of this formation may lead to downside to 70316 and if we take support from the triple bottom formation may lead to upside towards 72394.
How to trade in between these three levels is to divide it into 4 parts of 250 points as we see a 1000 points range in between each of the three important levels.
Happy Trading !!!
Gann
NIFTY 50 WEEKLY EXPIRY HOURLY CHART GANN LEVELS...Mathematics is the only exact science. Every nation on the face of the earth agrees that 2 and 2 make4. no matter what langage it speaks.Yet all other sciences are not in accord as mathematical science. We find diffrent men in diferent professions along scientific lines disagreeing on problems, but there can be no disagreement in mathematical calculation.
Levels on out trading systems follow purely mathematical science aka vibrations.
Nifty 50 index been sideways in between the levels on chart.
Happy Trading!!!
BANK NIFTY WEEKLY EXPIRY 10/01/2024Bank Nifty was moving between two important levels as shown on hourly chart.47379.30 and 4768.45 are the two levels. 08 Jan 2024 low was made on 15:00 pm candle at 47387.45 and on 09 Jan 2024 high was made at 47939.30. Yesterday after the high and gap up before at the open all gains were surrender by it and we closed below the important level of 47379.30. The close is 47242.65.
Today we need to watch 47379.30 to be sustained for the day for any recvery on the index.
Downside we have to watch another major level of 46890.20. 21 Dec 2023 low on 9:00 am candle is 46919.70. 13 Dec 2023 low is 46886.90 at 10: am candle.09 Dec 2023 low on 9:00 am candle is 46507.15.
Use all the levels on chart with discipline to get maximum profits.
Happy Trading !!!
N.B. With all usual disclaimers as applicable as per the reach of this platform. Not an trading advise.
NIFTY 50 INTRADAY UPDATE 0N 09/01/2024 AT 10:57 AMChart shows the importance of the 50% which WDG advocates,
Theory explain in eplained in earlier post here.
Prrof of the system.
Happy Trading !!!
Law of Attraction : To attract things you want ... you have to pray to the Universe and then only Universe will know what you want and will help you in getting those things desired by you.
You need profits then then yo a good system which what I am offering. It's Law of Attraction at work you need to experience it and it's Bliss. Peace and Prosperity to you.
NIFTY 50 INDEX INTRADAY WHEELS WITHIN WHEELS CHART 08/01/2024Nifty 50 Index (NSE:NIFTY) 21513.00 −197.80 −0.91%
kbr9121965(My Handle on Trading View platform )
You can follow and boost my ideas to help others if you find the ideas useful and profitable.
Nifty 50 Index intraday wheels within wheel chart for 08/01/2024. Gann had said if you know the begining you can predict the end.
"In order to forecast future cycles, the most important thing is to begin right, for if we have the right begining, we will get the right ending. If we know the cause, then there can be no doubt about predicting the future event or effect. " Page 83, Tunnel Through The Air Book by W. D. Gann.
Now here what the cause it's the High on intraday and the effect is the intraday low. From the intraday high you can workout the intraday low.
See we hit the major support one at 25% level at 21509. The price death zone was at 21721.50 on chart at 10:30 am candle. Subsequently we breached the 75% level and 50% level.
At 14:20 pm we saw the last momentum at 50% level after being sideways from 11:50 am at the same 50% level.
You can obsereve the price action around the percentages applied on the chart for study purpose. Try to implement them on your charts for daily observations. You find some similarities as you progress ahead which will help you to become a successful trader.
Can this be repeated again.... yes ....if you know the method how to calculate the vibrations.
For this you can read original Gann writings and decipher what he has said and prove it to yourself. Once you prove it to yourself and you will find it easy to implement in your trading style.
Happy Trading !!!
N.B. With usual disclaimers as apllicable to reach in the domain of this platform.
Rajesh Exports - Fully Bullish
Look at the figures and read notes on the chart.
I am duty bound to answer all your questions.
Your trading view time to be set at UTC +5:30 time setting.
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.
US Oil - Live Market Update
More than bullish. 70.77 is the magical figure.
I am duty bound to answer all your questions.
Your trading view time to be set at UTC +5:30 time setting.
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.
NIFTY MIDCAP SELECT WEEKLY EXPIRY GANN LEVELS CHART 08/01/2024Today index has opened at 10581.60 on chart. Moved down two steps and moved up one step on chart. Resistance was 10581.60 and support was 10505.65.
Two possible trades one short and one buy could have been done as per levels marked.
Playing this intraday range will be beneficial for intraday traders as per their risk profile.
One can also add trades on either sides if your a breakout trader as per levels given on chart.
Happy Trading !!!
Lux Ind
Lux Industries is taking support at green thin line corresponding to Gann circle 7 of my Life time Indicator. Also planted is Rekhi 144 indicator conforming it.
Please buy only when price remains above candle of 10:30 a,m today.
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
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.
Bank Nifty - How to trade?
Price Levels for today have been mentioned on the chart for Bank Nifty. Please trade between 10:30 and 2:56 p.m. only. Buy only above high of 10:30 candle.
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
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.
Rajesh Exports - How to trade
Price Levels have been marked on the chart. Please follow time level strictly i.e. Buy only when price remains above 10:30 a.m. only and time duration to trade till 2:56 p.m. only.
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
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.
US OIL - How to trade on Monday
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
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.
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION (CTSH) WEEKLY CHART Cognizant Technology has been some profit booking on weekly charts after hitting high of 76.85. After the weekly high candle we saw an inside candle and followed by big bodied red candle with range expansion on downside. Low is formed at 72.69 on the stock.
Watch earlier swing highs at 72.71 and 72.36 formed in first and last week of August 2023.
We have a important level to watch at 50% of the earlier range which is 72.40 as seen on chart.
This level can act as a trend decider for this stock in coming weeks.
Happy Trading !!!
N.B. : With usual disclaimers as applicable within reach of this post platform.
NASDAQ COMPOSITE INDEX (IXIC) 14524.07 (+0.09%) Nasdaq Composite Index has seen some profit booking in last 2 weeks. Recent high at 15150.07 was not sustained with 15151 as mirror number ( I am always fascinated with such numbers). Incidentally the level of 75% of the range saw profit booking which was 14681.38. We need to sustain above this level to see further growth on the index.Supports at 14167.01 and 13915.95 as seen on chart.
First warning on weekly candle was a small body candle with big tail on upside and small tail on lower side. Always watch small body candles at the top or bottom of the range they can be useful to get momentum candles in the vicinity of them. Now observe the net weekly big bodied red candle with a gap down showing reversal on downside.Watch earlier swing high at 14446.55 for further clues. Again watch mirror image number at 14441 level.
We have had a 9 weeks run up on the inde. We are 2 weeks down. Next week will be important if we expand on downside or remain within 2 weeks range.
Happy Trading !!!
SBI Cards - Bullish
770 and 777 are the magical figures. Buy only above 771, and levels to watch are 773 and 775 and 777 and a go.
Tomorrow Trade between 10:30 a.m. and 2:56 p.m. only.
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.
Jubilant Food - Bullish
Look at the picture (harmonic pattern) on the chart and prospective movement upwards. 546 and 553 are the magical numbers. Buy only after 10:30 a.m. high and trade upto 2:56 p.m tomorrow.
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.
PEL - Very Bullish
As discussed in my earlier post there are four alphabets in the market. People recognize one more which is inverse of M i.e. W. (we may take them differently also). In M left leg is bullish and M is bearish whereas in W left is bearish and right is bullish.
Now you can see that inverse M or W being formed, next to the harmonic pattern. Buy, only when price of stock stabilizes above 10:30 a.m. and 2:56 p.m. tomorrow and on 9th it will become fully 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.
Lux Ind - Extremely Bullish
Please look at the figure X,A,B,C and D formed on the chart. Buy, above 10:30 a.m. tomorrow and recovery will come from 9th.
Time to trade between 10:30 a.m. and 2.56 p.m.
Still have a question, please do not hesitate to ask. I am duty bound to answer.
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.
Rajesh Exports - The new multibagger
I have already covered this stock at length, both fundamentally and technically also. Please read the notes on the chart and also check the figure M formed therein forming bullish leg now. Have patience, if already in, else buy after 10:30 a.m. tomorrow.
Immediate target 420.
Clearly money is going to multiply three times in a short duration, But, we will have the courage to multiply it to atleast 30x. Have patience.
Still, have A QUESTION, PLEASE DO NOT HESITATE TO ASK.
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.
US Oil- Extremely Bullish
Hello Friends.
Please read the notes on the chart and see the picture very patiently. There is a lot to learn and earn.
Be patient. If tomorrow's candle of 10:30 a.m. (super - super - abnormal candle) is maintained i.e. price remains above it or after retracement does not break this candle then buy in confidence. Its the game changer. Price of 73.63 is the magical figure.
NSE stocks to be bought now are: Rajesh Exports, Jubilant Food, PEL, SBI Cards, Lux Ind. I will try to post ideas on them separately today itself.
Still have a question, please do not hesitate to write in comments, I am duty bound to answer them. Reasons why I write this:
a. When I am writing this, I should have the capability to answer them, otherwise do not have a right to involve you with me.
b. When you ask any question, it is for mutual benefit, in this process not only you learn, I also learn.
c. If I will not have the answer or I am wrong, will correct myself.
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 grow. May! I follow you.
ORACLE FIN SERVICE ( OFSS ) WEEKLY GANN ANALYSIS...OFSS has been resisted twice at the 75% level in recent past which is 4580.40. Thereafter it has retraced below th 50% level of 4015.80 and bounced back to the 75% givigan 25% returns in last 10 weeks. Again 75% level proved itself by the profit booking by smart investors.
Above the 4580.40 OFSS can attempt for a double top at 5145 level. In between we have a resistance at 4862.70 as seen on chart.
Supports at 4390.70 and 4298.10 can be used as buying levels with suitable risk reward ratio as per personal risk profile.
Happy Trading !!!
Disclaimer : Not an trading advice. Use your discretion and all disclaimers apply as per prevalent norms in the domain of the reach provided here.
Bajaj Auto - No Fresh Trades - Exit Long
Bajaj Auto's Price Levels and Time Candles have been mentioned on the Chart. Please Appreciate following three points:
1. Bajaj Auto seems to have achieved all its targets.
2. Price of Oil seem to be going up from this week; which is a necessary consumption item for the persons using automobiles as such demand of all the automobiles are likely to be affected.
3. Candle of 1-8-24 10:30 AM is Super - Super Important and the other candle for the day is 1-8-24 2:56 PM.
Now, how to trade, be watchful of this candle 1-8-24 10:30 AM is Super - Super Important and exit if price comes down after this. This could happen that it may remain above it and after 1-8-24 2:56 PM. may fall. So, no fresh trade on any stock including Auto and Pharma. If already in - exit but do not short also.
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.
US Oil - How to trade on Monday
Presented on the chart are the price and time levels for US Oil. Time candle 1-8-24 10:30 AM
is the Super - Super Normal candle for Commodities and Indian Market as well any stock above this level is not likely to come down for the next at least week and any stock whose/commodity whose price is below this candle will remain bearish. So, please be careful of this candle.
Still have a question, please do not hesitate to ask, I am duty bound to answer your questions.
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 grow. May! I follow you.