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Gann

NIFTY 50 FAMOUS GANN CYCLE PRICE AND TIME POINTS 22/01/2024I have made an attempt to construct the famous Gann Cycle for traders who do use have exotic or costly softwares due to limited capital resources. It is oserved that Gann Angles change de to change of reference(screen size) when price action moves with time. Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time is given importance as Time is marked on chart first and then the swing is selected. Trend to continue up on cross of Blue Gann. Also it shold cross the falling Red Angle for recovery. To learn watch both Blue and Red Angles crossover by Price Action and its behaviour around both angles with respect to price and time movement at the angles. If you like the idea try to implement it and make use of it for profitable trading. Also Like and Boost the idea to spread the knowledge for the benefit of fellow traders. Happy Trading !!! N.B.Not a Trading Advice. With all usual disclaimers as applicable within the reach of this beautiful platform.
NSE:NIFTY
by kbr9121965
COFORGE HOURLY CHART WITH GANN LEVELS RESULTS TODAYCOFORGE results to be declared today on 22/01/2024. How to trade it being a volatile stock preferred by F&O traders. Coforge was rejected at 6757.20 level afte entering into new price cycle. Price was rejected from the start of the growth one in new cycle. We are back to cluster zone support levels. Cluster Prices to watch is 6300.05 and 6271.85 or term players. Happy Trading !!! N.B. Not an Trading Advice. With usual disclaimers as applicable for within the reach of this beautiful analysis platform.
NSE:COFORGE
by kbr9121965
1
Natural Gas The problem with this commodity is low volume. There was no directional movement for the past. But, now long term directional movement may come from the next week. For this crucial factors are: 1. Price Movement: A. 2.22 was the level from where last swing started but it was created only by non US Countries. Now US Countries did not make any lower than this. B. Valid lower points are 2.124 and 2.015. Once these levels are completed, then only the circle will complete. C. As mentioned above, the low of the swing was made at 2.22 last time, the US (evening session) may like to go below this but it is not likely that it will go any lower that 2.015. 2. Time Movement. I have marked three vertical candles on the chart a. 1-22-24 11:31 AM b. 1-23-24 5:15 AM c. 1-23-24 10:59 PM These candles are likely to form a trend line and then unidirectional upward movement for the next weeks to come. So, Please wait for the candles till Tuesday and then the trend will automatically get cleared. Will keep you posted. 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.
CAPITALCOM:NATURALGAS
by rekhi567
Nifty50 Analysis Gann Box Tool in Trading View for 23/01/2024Squaring the range from ATH to recent swing low. We have the Gann 50% rule work here again with resistance taken there. Spport at cluster levels on chart. trend is positive above the 50% level... One of the Gann books qotes below : THE AVERAGE OR HALF-WAY POINT Always remember that the 50% reaction or the half-way point of the range of fluctuation of the extreme high point of an option of any particular move is the most important point for support on the downside or for meeting selling and the resistance on the way up. This si the balancing point because it divides the range of fluctuation into two equal parts or divides the highest selling point into two equal parts. Apply this rule with the correct interpretation of what he is saying here to make sureshot profits in your trading journey. Recent swing has retraced 50% of the fluctuation and we got a reaction to the cluster levels on chart. Greatest example in recent history was Bank Nifty Top 32613 in Dec 2019 and 50% of that is 16306.5 March 2020 low was 16116. ( Top and bottom figures rounded off for better understanding.) Those who bought as per this rule are rewarded 2 times as we tripled the low of 16116. Happy Trading !!!
NSE:NIFTY
by kbr9121965
NIFTY MIDCAP WEEKLY EXPIRY HOURLY GANN LEVELS UPDATED 20/01/2024We are completing a volatile week in the Indian markets after a big bull run in all broader indices. Markets movements can be very volatile whenever new all time highs are done. Corrections follow after signiicant tops are formed. I had a target near 11050-11100 on this index. All time high is 10669.50. Levels to watch on chart for today is 10562.55 and 10524.55 the cluster. Resistance at 10643.30 and support at 1045.10 Happy Trading !!! N.B. With all usual disclaimers as applicable on this beautiful platform. Not a trading advice.
NSE:NIFTY_MID_SELECT
by kbr9121965
BITCOIN REVEISED DAILY CHART 19/01/202024As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base. Squaring the ATH gives an important resistance at 51750. Recent high is 49048. Magic level was 49049.Below 51750 we have 43125 to watch. Squaring the recent high gives the level of 42917 and then 36786 level. Midpoint o this 2 levels is 39851.50. Recent low is 40600 on 18 Jan 2024. For further growth it needs to stay above 41868.75. Happy Trading !!! N.B. Npt an Trading Advice. With all usual disclaimers applicable on this eautifl platform.
BITSTAMP:BTCUSD
by kbr9121965
SENSEX DAILY GANN LEVELS CHART FOR WEEKLY EXPIRY OF 19/01/2024For weekly expiry most important trend deciding level is 71397.06. Above this resistance is 71969.07 and below this support is 70825.05. Any expansion above the resistance and below the support may give trending move in that direction. Use the levels given prudently. Use small stop losses for trades. Preserve your capital and then aim for profits. Happy Trading !!! N.B. Not a trading advice. With usual disclaimers as applicable within the reach of this beautiful platform.
INDEX:SENSEX
by kbr9121965
NIFTY50 HOURLY CHART FOR WEEKLY EXPIRY ON 18/01/2024...NIFTY 50 fell 2% on profit booking by investors to some extent. Watch the swing low and swing high marked on chart. How to select the range is the question to all who are new to this method. You need to select the highest range for the recent price action. Observe the fall from the price death zone of 21980.75 on chart. Its gap down with backtest at the exact percentage level of 21837.30 on chart. It was a shorting level if not sustained for the swing range selected by us. Thereafter we broke the cluster support levels and backtested it in the 4th hour of trading today. Failure to close above the cluster levels was showing further weakness which took us to the major support of 50% of the range selected. Again Gann's 50% rule at work. I am always fascinated by the 50% rule which makes it more profitable wherever it appears while trading. So the most imortant level for tomorrow is the 21550.50 level above which we have cluster levels resistance. Below 21550.50 trend will be down with support at 21407.05. Expiry days are always tricky to trade with wild swings so use all the levels and 50% levels in between them to trade. If you are scalper then divide the one into 4 parts and be quick to trail or book profits. Happy Trading !!! N.B. Not an Trading advice. With usal disclaimers as applicable to the reach of this beautiful platform.
NSE:NIFTY
by kbr9121965
2
NIFTY 500 INDEX WEEKLY GANN LEVELS CHART ANALYSIS 16/01/2024 EODThe Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe. Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products. Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices Standard Deviation is 22.48, Beta is 0.93 so 7% less volatile than Nifty 50 and Correlation(Nifty50) is 0.95. The Index has composition of Finnacial Services at 30.01%, IT at 10.20%, Oil Gas and Consumable Fuels at 8.53% and FMCG at 7.53% covering nearly 55% of the Inde. Above figures are updated monthly on NSE site at each month end. So last update was on 29 December 2023. Price Returns are at 10.77% and Total Returns at 12.49% since inception. With a base of 1000 in 1995 it has reached to 19827.55 as per recent close. So a growth of 20 times nearly seen till date. Index started at 14177.55 as per the Gann Year 2023-2024 and has reached to 19827.55. Rise of nearly 5000 plus points is seen. So mathematically 33.33% rise is seen. Squaring the low we get an important level of 19494.10 to watch on the index. Taking the Covid Range of high and low we see an important resistance level at 20233.30. Below it an important cluster of levels to watch are 19730.40 ( current weekly low is 19736.20 an important level to watch) and below it is 19549.35 to watch. Squaring level as per the current section is at 19875 which can be watched critically. All time high is at 19923.30. Magical figure on the index could be19991. Study all the levels with the analysis given here carefully before drawing any conclusions. Use your discretion and your system to reach concrete decisions. Happy Trading !!! N.B. With all usual disclaimers as applicable within the reach of the beautiful platform and all its intelligent users.
NSE:CNX500
by kbr9121965
US Oil - Live market update Provided are the notes on the chart. Buy, only above 72.80 and sell whenever price goes below it. Today's candle (pivotal) is 1-17-24 7:21 AM. If this is not broken, not to worry at all. 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.
TVC:USOIL
by rekhi567
Rajesh Exports - Buy Hello Friends, I could not write during almost whole week and remaining away with you was really painful. But, I am back now. Presented is the 1 H chart with relevant notes on the chart itself. Trade with confidence but adhere to the levels mentioned. 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:RAJESHEXPO
by rekhi567