#BajajAuto#Breakout#MomentumAt current level price is gripping it's momentum, wait for break out for level 3505 of supply zone and also at this level have a 90degree GAAN LEVEL resistance,
so this level is big hurdle for BAJAJ AUTO for breakout.
Watch this level with SL 3417 on CLS basis, 1st target is 3617and 2nd target is 3816.
Gann Square
ITC | Gann AnalysisITC | A FMCG Value Pick | Gann Analysis
This stock is trading between Cube number 216 and Gann Octave level 222 | A very important action zone
Price has bounced from a strong support level 163 which is a Gann Octave Level as well as a 2x1 Gann angle support
Recently the price has broken above 2x1 down trend angle (colored in RED) and 1x1 up trend angle (colored in BLUE) resistances
Sustaining above 225 would confirm continuation of the up trend for higher Gann levels 241 / 251 / 256 / 273 / 281 / 289 / 309 / 324 / 343
Important support levels: 211 / 204 / 196 / 190 / 183 / 173 / 169 / 163
PEL | Gann Octave AnalysisPEL | Gann Octave Analysis | A possible value BUY
This stock has been trading inside Gann Octave range of 1262 and 1590 since 23-JUN-2020 (nearly 7 months now)
Currency trading near Gann Octave Level 1590 (near 1600, Square of 40)
Price has broken out above multi year trend line resistance
Trading well above the Volume Weighted Moving Average (180 days VWMA) which has acted well in the past
Resistance: 1600 / 1681 / 1728 / 1764 / 1849 / 1918 / 2025
Support: 1521 / 1444 / 1369 / 1331 / 1296 / 1262 / 1174
LICHSGFIN Gann Octave AnalysisLICHSGFIN | LIC Housing Finance | GANN Octave Analysis
CMP 442 (near Natural Square Number 441)
Breaking out trend line with strong momentum and volume
Breaking out channel held since March 2020
Trade Level: 474 (Gann Square of 9), also a 50% retracement level from all time high
Supports: 393 / 313 / 259
Resistances: 553 / 663 / 687
BPCL Gann Octave AnalysisBPCL 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
BANKBARODA | GANN Octave AnalysisBANKBARODA | Gann Octave Analysis
This stock has been trading between Gann Octave Levels 60.1 and 68.2 since 07-DEC-2020.
Trading near cube number 64, an important action zone.
Approaching trend line resistance zone near 77.
Gann Resistance Levels: 69 / 73 / 77 / 81 / 84
Gann Support Levels: 65 / 60 / 57 / 53 / 49
Caution: High trading volume, however low delivery volume.
GANN LEVELS FOR SWING AND INTRADAYGANN LEVELS FOR SWING AND INTRADAY
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
BANKNIFTY IS READY FOR AN UPMOVEBANKNIFTY is in sync with Gann Square Levels on daily charts. As it has been seen how the Gann Level & Gann Fan has acted as both support and resistance on multiple occasions. On weekly charts, a double bottom pattern has been formed but the prices hasn't been able to move up and have been hovering between 23000 - 21000 so further consolidation is less likely to occur and i think it's time that price will break the barrier.
The fibonacci levels on both hourly and daily charts are showing resistance of 22400 levels and support of 22120. Therefore, a long position can be initiated once the price breaks above the 22400 level and the stop-loss will be 22120
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.
Escorts : Value Buy on Every Decline ; Strong Above 544 Rs. !Dear Members / Followers ,
Escorts seems to be Bullish for Short-Medium Term . It is a Value Buy on Declines .
Bullish Patterns :
(1) Bullish AB=CD Harmonic Pattern
(2) +ve Divergence with MACD
(3) Gann PTS
Calculate your Risk & Trade !
Please Do Hit Like Button for Supporting ; Comment your queries !
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)