Ganncircle
ADANIPORTS | An Early Attempt to Capture the TOPADANIPORTS | An Early Attempt to Capture the TOP
ADANIPORTS gave a Rock On performance as published on 13-JAN-2021 | | Currently trading above final target of 729 | What Next ?
Week starting 22-Mar-2021 is 52nd week from an important low of 203 formed on 23-Mar-2020 | Yearly Time Cycle | Could be a potential reversal zone
More precisely, 23-Mar-2021 is the first anniversary date from low of 203 formed on 23-Mar-2020
This stock is approaching a very important Gann resistance level of 798 | The bullish run started from 203 level would be completing 7th Gann Price Cycle at 798 | Yes, the Fatal Number 7 !
Week starting 22-Mar-2021 could potentially be a Gann Price Time Square zone as well | Gann angles (1x1) drawn from low of 203 would nearly meet 798 level in the week of 22-Mar-2021
Reduced momentum | Indicator Divergence
For now, important levels to watch above 798 are 841 / 900 / 915 / 1000 / 1040 | Support levels below 729 are 699 / 649 / 625 / 576 / 512
This is not a trade recommendation. Levels would be updates as per the Time and Price actions.
HDFC | Gann Price and Time AnalysisHDFC | Gann Price and Time Analysis
This stock formed all time high on Gann Time Cycle date 16-Feb-2021 | Gann Time Cycle dates are marked as ORANGE vertical lines
Consolidating in downtrend channel (colored PURPLE) since then | Today (10-Mar-2021) the stock broken out above downtrend channel
Broke below lower channel (colored RED) on 05-Mar-2021 and now back to the lower channel again
RSI is at lower channel support | RSI suggesting momentum built-up
2744 is important level to be watched for upside | It is an important Gann Level and a Cube (14 x 14 x 14) number as well
Bullish above 2627 | Resistance levels: 2653 / 2704 / 2744 / 2809 / 2916 / 2958 / 3025 / 3136 / 3179
Support levels 2539 / 2500 / 2476 / 2451 / 2426 / 2401 / 2377 / 2341
2341 to 2377 zone seems to have build a strong support for this stock.
24-Mar-2021 and 25-Mar-2021 both are important Time Cycle dates in this month.
AXISBANK | Gann Time and Price AnalysisAXISBANK | Gann Time and Price Analysis
The stock is trading at an important juncture | Weekly closure near Cube number 729 | Approaching 1st anniversary of 25-Mar-2020 LOW of 286
Currently trading near confluence of Cube number 729 and Gann level 724
Price broke above Gann 8x1 angle however could not sustain above it | Since 3-Feb-2021, price managed to close below the Gann 8x1 angle resistance baring few trading sessions
Bullish possibility : Sustaining above 757 (Gann 8x1 angle) level, heading towards Gann level 836 by 25th March 2021
Bearish possibility : Breakdown below 703 | Support levels : 690 / 677 / 664 / 651 / 638 / 625
BERGEPAINT | Bullish PossibilityBERGEPAINT | Bullish Possibility
The stock is trading in the zone of Cube number 729 | Last two consecutive days, closed near 729
Consolidating between Gann 1x1 and 2x1 angles since 9-Feb-2021
Vertically bounced from Gann support level 682 which coincides with Gann 1x1 angle
V-shaped reversal in RSI | RSI broken out above consolidation range
Bullish above 743 | Resistance levels : 771 / 791 / 813 / 841 / 871 / 907
Bearish below 664 | Support Levels : 625 / 582