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Axis Bank | Gann Square of 9 Intraday Observation | 06/04/2023Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice. Symbol: AXISBANK (NSE) Date Observed: 06 April 2023 Time Frame: 15-Minute Chart Concept Studied: Gann Square of 9 (Price–Degree Analysis) This idea highlights an intraday observation of Axis Bank using the Gann Square of 9 framework to study how price behaved near calculated degree levels and how time and price alignment influenced market structure. 📊 Reference Point and Calculated Levels During this session, Axis Bank initiated a downward move from a level near 863, which was treated as the 0-degree reference point for analysis. Using Square of 9 conversion, the following level was observed: 0 Degree: ~863 45 Degree: ~848 These calculated levels represent structured zones where the market may show pause, consolidation, or temporary shift in direction based on historical price behavior. ⏱️ Intraday Price Behavior and Reaction As the session progressed: Price gradually moved downward toward the calculated 45-degree zone Around 14:15, the market reached a low near 849, which was very close to the observed 45-degree level Near this zone, price showed temporary stabilization and upward movement The upward move continued modestly, reflecting a limited intraday recovery Such reactions near calculated degree levels are commonly observed and may indicate areas where price temporarily balances before the next move develops. 📘 Educational Observations Gann Square of 9 helps define measured price zones for structured observation These levels should be viewed as potential reaction zones, not guaranteed reversal points Minor variation around calculated levels is part of normal market behavior Time of arrival at a degree level may influence how price responds afterward Not all reactions lead to large moves, which highlights the importance of disciplined observation This example demonstrates how Gann-based price-degree analysis can be used to study intraday market structure in an objective and rule-based manner. #AxisBank #WDGann #GannSquareOf9 #IntradayObservation #TechnicalEducation #PriceTimeAnalysis #MarketStructure
NSE:AXISBANKEducation
by suratwalayash
Axis Bank | Gann Square of 9 Intraday Observation | 180/08/ 2023Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice. Symbol: AXISBANK (NSE) Date Observed: 18 August 2023 Time Frame: 15-Minute Chart Study Used: Gann Square of 9 (Normal Price Capacity) This idea shares a historical intraday observation where Axis Bank’s price movement stayed within a normal Square of 9 price range, followed by a visible reaction after price–time alignment. 📊 Market Context & Reference Selection During the session, price showed gradual upward movement starting later in the morning. In upward conditions, the low of the reference candle (~931) was treated as the 0-degree level, following commonly used Gann principles. From this reference, the Square of 9 was applied to observe expected intraday price expansion. This process focuses on structure and measurement, not forecasting. 🔢 Square of 9 Levels Observed Based on the selected reference: 0 Degree: ~931 45 Degree (Observed Normal Upside Capacity): ~946 The 45-degree level is monitored as a potential reaction zone when reached early in the session. ⏱️ Observed Price–Time Behavior Price moved upward from the reference area and interacted with the 45-degree zone around 10:30 AM. This interaction occurred well before typical intraday time thresholds. After reaching this zone, the market showed temporary selling pressure. Similar reactions have been historically observed when normal intraday capacity is completed early. The entire session’s range remained within this capacity, reflecting balanced price behavior. 📘 Educational Takeaways Importance of selecting a valid 0-degree reference Measuring normal intraday price range using Square of 9 Observing time alignment along with price levels Recognizing reaction zones rather than fixed turning points Maintaining a disciplined, rule-based analytical approach This example illustrates how price-time tools can be used to interpret intraday behavior objectively. 📌 Shared strictly for educational and historical chart-study purposes. #AxisBank #GannSquareOf9 #WDGann #IntradayAnalysis #MarketEducation #PriceTime #TechnicalAnalysis #RuleBasedStudy
NSE:AXISBANK
by suratwalayash