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Axis Bank | Gann Square of 9 Intraday Observation | 16 SeptemberDisclaimer: This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice. Symbol: AXISBANK (NSE) Date Observed: 16 September 2022 Time Frame: 15-Minute Chart Concept Studied: Gann Square of 9 (Price–Degree Relationship) This idea presents a historical intraday observation of Axis Bank using the Gann Square of 9 methodology to examine how price behaved near calculated degree levels during an upward session. 📊 Reference Point and Degree Calculation On this trading day, Axis Bank began an upward move from a base level near 776, which was treated as the 0-degree reference point for measuring price expansion. Using the Square of 9 conversion approach, the following levels were observed: 0 Degree: ~776 45 Degree: ~790 90 Degree: ~804 These levels represent measured price intervals that may act as areas where the market pauses, consolidates, or shows temporary change in momentum. ⏱️ Intraday Price Behavior During the session: Price advanced steadily from the 0-degree reference The market approached the 45-degree zone near 790 around mid-session Near this level, price showed temporary pressure and loss of upward momentum A downward movement followed afterward within the same session Minor variations of 1–2 points around calculated levels are commonly observed in live markets and can still be considered part of the same reaction zone. 📘 Educational Observations Gann degree levels help identify structured price zones for observation These zones should be treated as potential reaction areas, not fixed reversal points The interaction between price and time provides additional context Observing market behavior near calculated levels may help improve structured analysis This case is shared for educational purposes to demonstrate how price has historically interacted with measured degree levels using the Gann Square of 9 framework. #AxisBank #WDGann #GannSquareOf9 #IntradayObservation #TechnicalEducation #PriceTimeAnalysis #MarketStructure
NSE:AXISBANKEducation
by suratwalayash
Axis Bank | Gann Square of 9 Intraday Study (Normal Case)Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice. Symbol: AXISBANK (NSE) Date Observed: 13 November 2024 Time Frame: 15-Minute Chart This post documents a historical intraday observation using the Gann Square of 9, focusing on how normal price movement capacity interacts with time to highlight potential reaction zones. 📊 Initial Market Structure Axis Bank showed upward momentum from the first 15-minute candle. The low of the opening candle (~1148) was treated as the 0-degree reference level, following standard Square of 9 practice. This reference point acts as the base for mapping the day’s expected upward vibration. Correct identification of the 0-degree is essential for meaningful Square of 9 observations. 🔢 Gann Square of 9 Level Mapping Based on Square of 9 calculations: 0 Degree: ~1148 45 Degree (Observed Normal Capacity): ~1165 In intraday studies, the 45-degree level often represents a stock’s normal price expansion range under regular market conditions. ⏱️ Price & Time Interaction (Observed Behavior) Price reached the 45-degree level early in the session (around the second 15-minute candle). Completion of the normal price capacity well before the later part of the trading day has historically shown temporary price pressure. After interacting with this zone, the market displayed rejection behavior and short-term downside expansion. This reflects a commonly observed Gann principle: Early completion of expected price capacity can increase the probability of a reaction. 📘 Key Educational Takeaways Square of 9 helps define logical intraday price limits Normal (45-degree) reactions occur more frequently than rare cases Combining price structure with time context improves clarity The method supports rule-based observation, not prediction Small variations around levels are part of normal market behavior 📌 Shared purely for educational and historical chart-study purposes. #AxisBank #GannSquareOf9 #WDGann #IntradayAnalysis #MarketEducation #TechnicalAnalysis #PriceTime
NSE:AXISBANK
by suratwalayash