IGL | Gann Analysis The stock has been trading mostly between 496 and 529 levels since the 18-Feb-2021 top | On 14-May-2021, it closed at the juncture of Cube number 512 (8 x 8 x 8 = 512) and trend line support (dotted pink) | A potential action zone Gann level 529 appears to be a very strong resistance | Price is constantly getting rejected from this...
WIPRO | Gann Master Chart Broke from Cube Number 512 | Currently sustaining above channel and the Gann Level 496 Important Gann dates are 17-May-2021 and 21-May-2021 | Potential trend reversal dates Strong above 512 to 518 zone | Weak below 474 Color codes: Cube Level : GRAY 45 Degree Gann Level : BLUE 90 Degree Gann Level : ORANGE 135...
UBL has been trading between Gann levels 1225 and 1191 since 28-APR-2021 | Revolving around Gann level 1208 Combination of a long term trend line (dotted blue) and Gann Level at 1191 | A strong support zone Sustaining above 1225, price can head higher | sustaining below 1191 creates a possibility of sharp down move Support : 1174 / 1157 / 1140 / 1123...
INFY | Trading Near Cube INFY has been trading between Gann levels 1369 and 1315 since 15-APR-2021 On 12-MAY-2021, price broke below lower channel however bounced back from the combined support of trend line (dotted blue) and Gann level 1315 Currently trading in the resistance zone of lower channel, Cube number 1331 and Gann level at 1333 Sustaining...
ITC | Gann Master Chart ITC recently made multiple attempts to break above multi year trend line resistance and the zone of Cube Number 216 | Now sustaining above it Currently trading between a Cube (216) and Gann Square (218) levels Sustaining above 218 can lead the rally to higher Gann levels 225 / 233 / 241 / 249 and 256 Level 256 could be a...
HDFCLIFE | A Portfolio Stock | Gann Analysis This stock recently made an all time high of 731 (near Cube number 729), which also happens to be a strong trend line resistance Strong support is placed between 643 and 665 levels | A good accumulation zone Above 743 would be a confirmation of breakout for higher Gann levels 757 / 771 / 784 / 799 / 813 /...
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...
ITC | 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...