PVR | Gann Analysis | An Interesting Case Study
Following time pattern has been observed since 19/05/2020 bottom:
LOW | 1021.1 | 45 Bars
HIGH | 1469.25 | 72 Bars
LOW | 1051.85 | 89 Bars (One less than 90) | This Low was challenged at 115th Bar, however price never closed below it
LOW | 1281.05 | 135 Bars | This Low was breached on closing basis at...
ADANIPORTS | Super breakout | At important juncture
This stock has given a strong breakout above Gann Octave level 348 (also a zone of Cube number 343)
Currently trading near all time high level and in the zone of Cube number 512
Approaching multi year trend line resistance around 550 level
Week starting 01-FEB-2021 happens to be 45th week from the...
BPCL Gann Octave Analysis
Gann Octave captures majority of tops, bottoms and consolidation levels so far
CMP 400 (a square number) is also 50% retracement level from all time high, hence an important trade level
Supports: 363 / 326 / 301
Resistances: 437 / 474 / 499
Gann dates in JAN: 01 / 11 / 14 / 19
Look out for the date October 2nd and October 17th which are potential reversal dates but not trading dates a wild movement could be seen from these days.
I took trade of 25000CE October expiry at 102, and it is now 71 went low of 57 but still, I am holding because of the gann cycle reversal.
Price action traders and intraday or weekly expiry trader play with...
Happy Weekend ! Hope you are all having relaxed n fantastic weekend...
Why, we need to say bull run is over for the year when Nifty is predicted to touch 11k by end of 2017 ? We will discuss the various factors taken into account & go one by one but do remember this is not trade setup, just an analysis so the result whether it happens or not , Never gonna have...