kbr9121965

kbr9121965

Bank Nifty weekly chart with Gann Levels is attached here. Gann has givena Gann Rule of 7-10 weeks in Gann Commodities Course. He said watch this move whenmarkets are near extreme highs. Bank Nifty satisfied all the conditions. Weekly Trend is the est trend to follow for traders. The risk reward ratio is more than 1:10 in this time frame. But it meeds big pockets...

kbr9121965

I have made an attempt to construct the famous Gann Cycle for traders who do use have exotic or costly softwares due to limited capital resources. It is oserved that Gann Angles change de to change of reference(screen size) when price action moves with time. Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time...

kbr9121965

COFORGE results to be declared today on 22/01/2024. How to trade it being a volatile stock preferred by F&O traders. Coforge was rejected at 6757.20 level afte entering into new price cycle. Price was rejected from the start of the growth one in new cycle. We are back to cluster zone support levels. Cluster Prices to watch is 6300.05 and 6271.85 or term...

kbr9121965

Current High was 4793.30 on 28 Dec 2023 at 20:30 IST. Squaring the Range gives imp level to watch at 4843.84. HAPPY TRADING !!!

kbr9121965 Updated 

Squaring the range from ATH to recent swing low. We have the Gann 50% rule work here again with resistance taken there. Spport at cluster levels on chart. trend is positive above the 50% level... One of the Gann books qotes below : THE AVERAGE OR HALF-WAY POINT Always remember that the 50% reaction or the half-way point of the range of fluctuation of the extreme...

kbr9121965 Updated 

Nifty50 Positional View For February 2024 Monthly Expiry... Two important levels are 21747 and 21529... Markets may remain sideways between these two levels. Buy above 21749 and Sell below 21529.... Profit taking and Loss Booking as per your Risk Profile.... Happy Trading !!! N.B. : Not a trading advice. With usual disclaimers as applicable on this beautiful platform.

kbr9121965

We are completing a volatile week in the Indian markets after a big bull run in all broader indices. Markets movements can be very volatile whenever new all time highs are done. Corrections follow after signiicant tops are formed. I had a target near 11050-11100 on this index. All time high is 10669.50. Levels to watch on chart for today is 10562.55 and 10524.55...

kbr9121965

As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base. Squaring the ATH gives an...

kbr9121965

For weekly expiry most important trend deciding level is 71397.06. Above this resistance is 71969.07 and below this support is 70825.05. Any expansion above the resistance and below the support may give trending move in that direction. Use the levels given prudently. Use small stop losses for trades. Preserve your capital and then aim for profits. Happy Trading...

kbr9121965

BTCSD had a swing low at 41509 on 13 Jan 2024 at 3:00 om IST. It was nearly double bottom on the scrip. Thereon we are strggling to move above the level of 43353 which is one-forth of the range marked on chart. Momentum can be seen above 43353 only. Magic Level to watch is 43334. Happy Trading !!!

kbr9121965 Updated 

NIFTY 50 fell 2% on profit booking by investors to some extent. Watch the swing low and swing high marked on chart. How to select the range is the question to all who are new to this method. You need to select the highest range for the recent price action. Observe the fall from the price death zone of 21980.75 on chart. Its gap down with backtest at the exact...

kbr9121965

The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe. Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a...

kbr9121965

Bank Nifty had a all time high on 28 dec 2023 9 am candle on hourly chart at 48636.45. Index has made a swing low of 47010.80 on 10 Jan 2024 9 am candle. We have retraced 75% of the fall range recently but not closed above it. We have taken support at 47992.65 level on chart. On downside 47950 is a good level to watch if fall continues. On upside 48200 is an...

kbr9121965 Updated 

HDFCBANK will announce its results today on 16/01/2024. How to trade it today. Before trading it we need to analysis with our Gann Retracement method to know its vibrations. Hourly chart show the growth cycle start from 04 Dec 2023 on cross of 3.000 marked on chart at 1579.50. Momentum was to be seen above 1614.55 on chart. We tested this level 3 times on hourly...

kbr9121965

Finnifty has closed at 21461.35 on day before expiry of 16/01/2024. Weekly strikes of 21400PE and 21500CE saw highest trades with closing at 25.60 and 54.00. On hourly chart today took initial support was 21349.00 in first two hours and the base shifted higher at the end of second hour. The higher support was seen at 21412.25 in the third and sixth hour. The...

kbr9121965 Updated 

We have a weekly expiry coming up on the index on Monday 15/01/2024. Index has closed at 10542.40. Friday highest traded options on the index were 10600CE and 10500PE which have closed at 12.65 and 15.15. Chart shows 10560.75 as the important level above which we can attempt the previous swing of 10605.45. So futures buying and Call options buying we need to stay...

kbr9121965 Updated 

For any analysis of markets you should follow Top to Down Analysis. This means from higher time frame to lower time frame. For short term trader to scalper it will be prudent to start from weekly time frame to lower time frame to your trading time frame. Gann used weekly charts for analysis and said weekly is the most important timeframe to watch. Swing trading...

kbr9121965

John Pierpont Morgan, the founder of the bank J.P. Morgan, once said that “Millionaires don't need astrologers, but Billionaires do”. Mordern Generation is way out of sunc to our past sciences one of which is Astrological Sciences. Major Level to watch is 22122 On downside level to watch on chart where consolidation has taken place... Happy Trading !!!