Natural Gas - Live Market update - Bullish
Natural Gas turned bullish this morning and is now heading for new levels to achieve.
Please read the notes as mentioned on the chart and stay invested accordingly.
Price levels have already been provided in the previous post. Today's time candles are as under:
2-1-24 6:34 AM
2-1-24 11:00 AM
2-1-24 3:26 PM
2-1-24 7:52 PM
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.
Gann
NIFTY 50 WEEKLY EXPIRY HOURLY GANN LEVELS CHART 01/02/2024Nifty 50 has completed a nearly 1000 points correction fromthe ATH of 22124.15 on 16 Jan 2024 opening hourly candle of 9 am on Trading view chart. Swing low was 21137.20 which was on the opening hourly candle. The low was nearly 166% of the major swing of fall from 2019 top to 2020 bottom. Above the 187.5% to 212.5% is the sideways zone which the market has done till date. Now we have an annual event of budget coming tomorrow at 11 am. We may see gap up on the index tomorrow as we have closed near to it. The next squaring level on index is 21953.20 which may be hit with gap up if it is strong. We need to cross this level for sustained recovery. On expiry day this level of 21953.20 could act as resistance. On downside if we break the level of 21607 we may see action on downside.So those who have carry forward longs may benefit.
N.B. Not an trading advice. With usual disclaimers as applicable within the reach of this beautiful trading and analysis platform.
Natural Gas - Live Market update
Please read the notes as mentioned on the chart and act accordingly.
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.
BANK NIFTY WEEKLY EXPIRY GANN LEVELS CHART 31/01/2024Bank Nifty has made a swing low at 44429. Magic figure is 44444. Squaring level on Index is 45480.85. Above which we may see recovery to continue. Else we have sideways to negative bias on the downside.Support at 44954.95. Was expecting a bounce back till 45716 we got high at 45678.70. Momentum on expiry may be seen above 41523 only.
Happy Trading !!!
N.B. Not a trading advice. With with usual diaclaimers as applicable on the reach of this beautiful trading and analysis platform.
FINNIFTY HOURLY CHART WITH GANN LEVELS WEEKLY EXPIRY 30 JAN 2024We a recent swing low on the Index at 19872.40. We have retraced to the cluster zone. Important levels to watch are 20532 on upside and 20452 on downside. On uptrend continuation for the second day next target could be 20750 .
Happy Trading !!!
Rajesh Exports - Buy above 350
Hello Friends
If you remember, I mentioned last fortnight stocks to buy Rajesh Exports, HDFC Bank, SBI Cards, PEL, UPL, Lux Industries. All of them rather fell. Try to understand the psychology of smart money, market was opening gap up and then going down regularly for the last fortnight especially from the 20th Jan 2023. It was just to go against the psychology of general retail trader of being bullish on the event and then snatching of stocks from retailers before pre budget rally. Market works like that only,
The character of market last week may change now and open flat and go up or gap up and then become bullish. Have patience and act only according to time candles which I will mentioned on daily basis. Today's most candle for entire Indian market is 1-29-24 12:02 PM. Buy above high of this candle and sell below low of this candle.
Rajesh Exports Sell below and levels 350 343 333 Buy above and levels 361 371 373 376 381 391 400 411
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 Levels for current 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
Nifty Mathematical Levels for Weekly 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
NIFTY MIDCAP SELECT WEEKLY EXPIRY HOURLY GANN LEVELS CHART 29JANMidcap Select Index has closed at 10415.95. It is sideways between 10346.30 and 10465.10. We are waiting for Budget clues and after a fantastic run markets are cooling down. We were resisted at the cluster levels of 10562.55 and 10583.95. We have retraced down nearly 150 points from there. Important trend deciding level for expiry is 10405.70. Above which trend is up and below it trend is down. Use the sideways 100 points range for trading by dividing it into 4 parts of 25 points each. So use the levels of 10346.30/10371.35/10396.45/10421.50/10465.10 for expiry trading. Any extension on upside or downside should be traded cautiously for fakeouts if any.
Happy Trading !!!
N.B. Not a Trading Advice. With all usual disclaimers as applicable within the reach of this beautiful trading and analysis platform.
GOLD GANN ANGLES CHART UPDATED 26/01/2024I have manually constructed Gann Angles for XAUUSD scrip without the use of any software tools.
The levels of 2022.04 and 2033.89 are important for it. Below these we may see a bigger correction on it to 50% level shown on charts. Expecting volatility to increase on the scrip with moves getting bigger on both sides. Trade safely as we are nearing Gann Mid. Seasonal date of 04 Feb 2024.
Happy Trading !!!
YES BANK WEEKLY GANN LEVEL ANALYSIS 27/01/2024Yes bank has hit the high at 26.25 recently. Growth will happen above 26.05. Major support at 22.15 and below it is 19.55. Trend will change below 19.55.
Short term traders can use 24.10 as a buy with 23.70 as stop loss with targets of 24.90 , 25.30 and 25.70.
Happy Trading !!!
N.B. Not a Trading Advice. Use your discretion and risk Reward Profile for trading. With all usual disclaimers as applicable for this beautiful trading and analysis platform.
VEDANTA WEEKLY GANN LEVELS CHART NEAR RESULTS UPDATED 25/01/2024VEDL has made a double bottom around the level of 206.00. Before that it has retraced to 50% levels at 323.40. After double bottom it has now retraced to 25% levels at 264.70.
his is the main level to watch as trend decider. Above 264.70 it may show recovery. Below 264.70 it may show sideways to negative price action. It needs to gather the energy to break 264.70 level decisively.
Happy Trading !!!
US OIL - UPDATE LIVE MARKET ANALYSIS
You can vouch that the US Oil is stuck up in linear regression channel which is downward sloping right now. Its 01.14 a.m. After around 21 minutes from here i.e at 1-25-24 1:36 AM it will turn bullish and break this channel upwards. Next candles are 1-25-24 6:02 AM
1-25-24 10:28 AM
1-25-24 2:54 PM
1-25-24 7:20 PM
1-25-24 11:47 PM
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.
NIFTY BANK HOURLY GANN LEVELS CHART FOR 25 JAN 2024 EXPIRYIndex is sideways between to cluster levels as sen on chart. Trend deciding level is 45370.70.
Downside clusters are 44554.55 and 44260.65. Upside clusters are 46187.30 and 46415.90.
Happy trading !!!
N. B. Not a trading advice. With usual disclaimers as applicable within the reach of this beautiful trading and analysis platform.
NIFTY50 VIEW INTRDAY HOURLY CHART FOR 24/01/2024See the red angle working on the chart with price action. It has failed to cross it twicw. Nice shorting opportunities. Already explained in earlier post regarding construction of the chart on Trading View. Horizontal level worked perfectly today for options trades on hourly basis.
Happy Trading !!!
BAJAJ AUTO RESULTS HOW TO TRADE IT TODAY 23/01/2024Bajaj 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 high bar.We have a lowr high and lowr low on weekly bar which indicates change in trend. Unless and until we make a new higher high and higher low on it I will be catiosly trading it on upside.
Level to watch on it is 7004.20 and weekly low of 6936.55 for further contination of trend on downside. This weekly bar is short week bar again with a small bdy formation which always alerts me. On the upside 7210 is important as it is crrently weekly high and if it is crossed then downside momentm may fade out. Look for an outside bar if it forms on chart and its subsequent bar for following the trend.
Happy Trading !!!
N.B. Not an Trading advice. With sual disclaimers as appllicable for the reach on this beatiful analysis and trading platform.
SP500 WEEKLY GANN LEVELS CHART 23/01/2024 EODSP500 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 4794.51 next Gann level with recent swing high as our guide at 4751.99. We cleared it in the weekly after hitting high of 4802.40. The level of 4794.51 is the price death zone so profit booking was expected at it. We retraced down to make low of 4714.82. Note that this was third weekly higher low of the crrent trend which is a strong buying point as per W. D. Gann Theory. Traders were rewarded with new all time highs if they were buyers at this level. Next target see on chart was 4843.84 which was achieved with high of 4842.07(miss of 2 points against Gann's Lost Motion of 3 points). We got contination of trend with a gap this week at 4853.42. Now note the low of this week candle which is 4844.05 near or level of 4843.84 ( a miss of 0.21 points). New all time high of 4868.41 with highest all time close on index at 4864.40. Or nrxt Target to watch on chart 4893.18 near an important level of 4900 in Gann Theory. It wold be interesting to watch the index behaviour at this level. Let the trend be your guide.
Happy Trading !!!