Gann Fan

KARNATAKA BANK

SHORTFX:EURUSD @ 1.13778 SL @ 1.14008 ( Inverted Hammer High ) TP1 @ 1.13523 ( Fibionacci 0.382 retracement ) TP2 @ 1.13208 ( Fibionacci 0.236 retracement )

Stock Below Gann Fan and taking support @ 0.618 Daily fib1! Risky trade but huge profits!

Using the retracement bearish point of Q1 as a base for the Gann Fan, we may see a low of 858 and hoping for target of 1320.

Using the retracement rally bearish point on Q1, we may see a possibility of 3996 over the next two days hopefully for an target of 6150.

I have compared the Q1 and Q2 price movement patterns and have marked with numbers 1,2,3,4 (against each quarter). Also using the fibb retracement, I have charted that using the 4950 retracement rally levels from the bearish point of 2986 and expecting a target of 6154 and expect spikes of 6300-6400 (All time high expected) over the next 20 days.I am republishing...

Target for HEG is around 6000 levels before 10th Dec.

HEG target around 6150 before 10th December

Hopefully we should see upside this week with long rally with a target of 1320 levels before Dec 10th.

HEG Fibb Retracement:In Q1 from the bearish most point which was 2580 levels it moved to 4375 levels(approx 68%).In Q2 from the bearish most point of 2986,we can expect a target of 6154 friends!

Key Level to watch out for(Study of 5Year chart) Though there will be some correction in between. It is predicted that Nifty will come down to 9900 - 10000 Level. Some Intraday Opportunity will be there if 9th 0.96% October opens the nifty above 10331 Level.However Expcting that intraday opportunity should end on 15th October or maximum by 19th october with...

From our analysis, It seems the pair attempts to breach its long term resistance repeatedly and is finally a D candle closed above 4/1 Gann Fan resistance we expect the pair might reach new higher highs after this and would reach the expected target

It Seems USD/JPY reached it's high Resistance price on 78% retracement & it's expected to pull back until price @ 110.069 earlier from upcoming week

GBPJPY pair is on high resistant areas a chance of 100+ pips down might expected...! on breaching the resistance might increase the chances of going up....!

For coming week Bulls need to hold 10850 range, for the up move to continue towards 10960/11100. 5FEB -7 FEB are important time cycle dates for coming week, Any close below 10700 can see fast move 10600/10450

Lupin is back on testing the neckline, also on the edge of the Gann Fan ray.

ESCORTS has been moving in a Gann Fan pretty decently. CUrrently testing the blue sup/resistance level It also broke out of the inverted head and shoulders(neckline not shown) All of that for an upmove to retest the lifetime highs.

BAJAJ FINANCE is moving in an up channel for over a month now. Ranging in the yellow zone on this leg, and testing the edge of channel Creating smaller range and small bodied candles,indicating a breakout soon (in any direction). or it can continue to move between the range created. before breaking out of dashed pink lines Also respecing the Gann Fan Levels