kbr9121965

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 !!!

kbr9121965

HCLTECH has taken support at 50% level at 876.50. Gann 50% rule at work. Gann said you need to follow only one rule of 50% to make money in the markets. We are at 12.5% extension of the swing which is 1503.05. We need to stay above this level for furthet growth. Happy Trading !!!

kbr9121965

Two traps Bull trap and Bear trap marked on hourly chart. We consolidating between 72394 and 70316. The decision making level is in between at 71355 wherein we have a triple bottom formation. Break of this formation may lead to downside to 70316 and if we take support from the triple bottom formation may lead to upside towards 72394. How to trade in between these...

kbr9121965 Updated 

Mathematics is the only exact science. Every nation on the face of the earth agrees that 2 and 2 make4. no matter what langage it speaks.Yet all other sciences are not in accord as mathematical science. We find diffrent men in diferent professions along scientific lines disagreeing on problems, but there can be no disagreement in mathematical calculation. Levels...

kbr9121965

Bank Nifty was moving between two important levels as shown on hourly chart.47379.30 and 4768.45 are the two levels. 08 Jan 2024 low was made on 15:00 pm candle at 47387.45 and on 09 Jan 2024 high was made at 47939.30. Yesterday after the high and gap up before at the open all gains were surrender by it and we closed below the important level of 47379.30. The...

kbr9121965

Chart shows the importance of the 50% which WDG advocates, Theory explain in eplained in earlier post here. Prrof of the system. Happy Trading !!! Law of Attraction : To attract things you want ... you have to pray to the Universe and then only Universe will know what you want and will help you in getting those things desired by you. You need profits then then yo...

kbr9121965

Nifty 50 Index (NSE:NIFTY) 21513.00 −197.80 −0.91% kbr9121965(My Handle on Trading View platform ) You can follow and boost my ideas to help others if you find the ideas useful and profitable. Nifty 50 Index intraday wheels within wheel chart for 08/01/2024. Gann had said if you know the begining you can predict the end. "In order to forecast future cycles, the...

kbr9121965

Today index has opened at 10581.60 on chart. Moved down two steps and moved up one step on chart. Resistance was 10581.60 and support was 10505.65. Two possible trades one short and one buy could have been done as per levels marked. Playing this intraday range will be beneficial for intraday traders as per their risk profile. One can also add trades on either...