ADANIPORTS | An Early Attempt to Capture the TOP
ADANIPORTS gave a Rock On performance as published on 13-JAN-2021 | | Currently trading above final target of 729 | What Next ?
Week starting 22-Mar-2021 is 52nd week from an important low of 203 formed on 23-Mar-2020 | Yearly...
GAIL | At an Important Juncture
Reversed from trend line resistance
Closed near 125 (Cube of 5) on 29/01/2021
Price is near support zone of upper channel around 125
14 period RSI at an important level (RSI = 60)
Supports: 123 / 119 / 116 / 111 / 106 / 101 / 98
Resistances: 127 / 133 / 139 / 144 / 149
EICHERMOT | At an Important Juncture
Closed exactly at 2744 (Cube of 14) on 29/01/2021
Price took support of Middle Chanel (marked dotted) around 2725
14 period RSI at very important level (RSI = 50) and at trend line support
Supports: 2704 / 2653 / 2601 / 2576 / 2559 / 2526 / 2500 / 2451 / 2426
Resistances: 2809 / 2822 / 2863 / 2916 / 2944 /...
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...
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 /...
PEL | 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...
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...
BANKBARODA | 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...
LICHSGFIN | 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 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