Gann Box
JUBLFOOD Short purely based on W.D. Gann's Price & Time Forecast315 Degree angle on the Square of Nine favours pivot tops of JUBLFOOD market and similarly 45 Degree angle on the Square of Nine favours pivot bottoms of JUBLFOOD market.
And thus the forecast pivot bottom date is 26.12.2019 and the forecast pivot top date is 17.01.2020.
Further, it has been observed that JUBLFOOD favours increments and decrements of 270 Degree price levels on the face of the Square of Nine.
And thus the forecast pivot top price of 1486 or 1380.
W.D. Gann left the world keeping his techniques of trading a subject of mystery, but several authors have made an effort to decode his trading rationale.
One such author is Patrick Mikula and I have learned Gann's techniques and more by studying his books (not just reading). His books provide a real deep insight into the world of W.D. Gann's trading methodology.
Disclaimer: Ideas shared are personal views and not recommendations or tips to enter any trade in real markets.
Nifty Gann Box chartBrothers, Namah Shivay,
What is the meaning of "Om Namah Shivay" I,the peaceful Soul, respecting to SupremeSoul Shiva, (In Hindi - Mein Shant Atma ParamAtma Shiva ko Sanman De Raha Hoon)
Brothers, Today trying to learn the Gann box . Gann box is a little complex tool which can be used after much reading. Otherwise it looks complex. There are some settings on tradingview platform, which may/may not help exactly to reset the chart as per the requirement automatically. But manual option is there which helps to set the chart.
This chart is a learning and is beyond technical analysis .
Note: (I am a soul, the Son of Parampita Paramatma Shiva) I have around 3 months experience into technical analysis and beyond technical analysis , completely new to Technicals. Never trade based on any suggestions. It is hardly possible to make consistent profit from other's trade. These are only perspective which could be wrong from another view. So Never Trade from these - Till - We understand ourselves the reason.
Previous study:
1. Reliance Gann box - Possibilities
2. Cyclic Repeation Part 3 - Reavealing a Secret - 58 Trading cycle
3. Cyclic repeatations within Nifty - Nifty lower degree cycles
Nifty downtrend (8540 Important level for long term bearish).NSE:NIFTY
Spot nifty trade at 8681.4 (-28.20) (-0.32%) at the time of writing, according to me strong weak below 8683, we expect it is likely to take support at 8600 , if price move below 8600 then might be take support at 8540 .
* It's my view only trade at your own risk.