Gann
NIFTY 50 INDEX WEEKLY EXPIRY 07 MAR 2024Index is near the much awaited 22500 and may probably hit it today. This completes an annual cycle on Nifty 50 both price wise and time wise in the near future. The concept of Lost motion will come into play hereafter which needs to watched carefully. Timewise we near in the annual cycle completion with nearly 2 weeks to go. We will be completing 4 years of rise at that time period which is one third the twelve year time cycle. One third being the triangle in Gann Theory will be interesting to watch ahead. It's been a fantastic journey for last 20 years of Gann Study on a personal level.
Intraday the levels to be watched are 22462 and 22537 as a range with breakout or fakeouts on either sides. Play the range and both Fakeouts or Breakouts to your advantage and make some profits with your trading skills using the levels given.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the programme for this opportunity to use it freely to express our ideas to the community of traders.
Asian Paints
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
Bank Nifty - How to trade today
Bank Nifty had a clear uptrend as marked by white trend horizonal line, but in the last sessions long candles may be an indication of distribution zone. Trade cautiously.
Time to trade
3-7-24 9:26 AM
3-7-24 1:52 PM (Pivotal)
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
Reliance Industries - how to trade today
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
Natural Gas - How to trade today
Please read the notes as mentioned on the chart and act accordingly.
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. May! I follow you.
HDFC Bank - How to trade today
HDFC Bank is trading above 50% and 61.8% of the current swing, therefore it is bullish.
Execution tips - Use 144 EMA in 1H chart frame and so long it is above that, do not worry at all.
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
Asian Paints - Watch till 11:15 a.m. today
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
HDFC Bank - update -
Please refer to my live market idea tomorrow where it turned bullish above 1:03 p.m. Today be watchful of 11:15 candle and buy only above it.
Important: Please use 144 EMA in 1H chart. Since price of the stock is above 144 EMA, it is not likely to go below it. But, still it is below 233 EMA, so let it rebound from 144 EMA once again and buy when rebounding from there it goes up.
Time candle of 11:15 is very important.
Reliance Industries - how to trade today
Sell Reliance, if breaks 2970, after 11:15 a.m.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you
NIFTY BANK INDEX HOURLY GANN LEVELS EXPIRY 06 MAR 2024Bank Nifty has recovered from the cluster support of 45562 and 45899. Important Gann level to watch is 47587.50. Above it resistance seen at 47745 and support seen at 47417. Expiry can use this range for scalping purpose. Any price action outside this zone needs to be watched for Fake Outs. Coming back in the range may give some meaningful trades. Breakouts if sustained out of the range may give decent returns.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the programme for this opportunity to use it freely to express our ideas to the community of traders.
NIFTY FMCG INDEX WEEKLY GANN ANALYSIS 05 MARCH 2024Index has hits highs around the Gann Level of 57712.50. and retracted the usual percentages at cluster level supports of 53662.50 and 53999.45 as seen on the charts. We saw earlier breakout fromt the important level of 52650 in the week starting 12 Feb 2024. Currently we are in the 3rd week from the lows. Chart shows triple tops at 54561.55 on 19 Feb 2024 week, 5457.75on 26 Feb 2024 week and current week top is 54588.55. We have 4 more trading sessions to complete the current week. We need a breakout above 54675 asaeen on chart. Gann says third section is the most difficult to cross as it faces stiff rsistance at this levels. Isolated high seen at 54349.85 on 17 July 2023 week. We need to watch it carefully and sustain above it. similarly 53662.50 to be watch on downside. 08 April 2024 time to be watched for this index for decision making in time ahead...
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
NIFTY FIN SERV INDEX WEEKLY EXPIRY CHART 05 MAR 2024Index has support 20808. Breakout above 20952. Targets 20988/21024. we have acluster resistance at 21072/21096. Index is sideways between 20808 to 20952. After move from lows near 20304 we have seen a momentum move to the 20880 level. Consolidation seen on chart on the sideways zone... breakout above 20952 to be watched... with suitable risk reward ratio.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the programme for this opportunity to use it freely to express our ideas to the community of traders.
NIFTY MID SELECT WEEKLY EXPIRY 04 MAR 2024Using the top traded strikes on NSE website we see a range of 11000 to 11200. Index has closed at 10966.95. The range to watch for today's expiry is 11025 for upside move and 10975 for downside move... within that range is sideways .... avoid trading zone...
Happy Trading !!!
Asian Paints: Turnaround PotentialAsian Paints has been following its Time cycles on weekly chart exceptionally well.
As u can see everytime it enters the time cycle zone (red lines) it forms a low and rallies.
Price and Time confluence - is the most important way to trade markets.
Majority of us are focused only on prices but not on time which is essential for trader to trade profitably in markets and with consistency.
Expecting asian paints to reverse on upside as time is right and prices should follow. Price action above 3030 will confirm that this stock has bottomed out and ready to reverse on upside.
ITC could reward investors from hereonOn every time cycle, ITC has a tendency to form a low and bounce back on upside.
Very few were interested in this stock as it was a major laggard during April 2022.
The recent sharp fall of ITC also made low near this Time cycle date.
Way forward: When Noone seems to be Interested and all Negatives Around, TimeCycle Points towards a Rise from the Ashes 🔥🔥🔥
400 should remain protected on downside.
US Oil - How to trade on Monday
Special Note: Marked are two white horizontal lines with 77.88 as the high on the chart, if price remains above this it is now going for long- term bullishness.
Please read the notes as mentioned on the chart and act accordingly.
Candles of 9:30 a.m., 3:30 and 10:30 need to be watched on Monday. Out of these 10:30 candle is going to decide the future trend.
Disclaimer:
I am not a SEBI Registered Analyst 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. May! I follow you.
Silver - How to trade on Monday
Important Note: 23.12 marked by white thick horizontal line is the point which will make it bullish for long term, If broken wait for the price to bounce back above it.
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a Registered Analyst with any 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. May! I follow you.