Ethereum is the second ranked bitcoin has hit an ATH at 4866.90 in Nov 2021. The Gann level to watch at all time highs was 4840 odd levels. It squaring price on monthly chart was 1090. We had made a low of 997.40 on June 2022. It was 7 months correction. Within 21 months we got a lower high of 4092.80 on March 2024. Gann level to watch was 3906.30.We made a double...
BTCUSD 15 minutes chart shows consolidation zone of 57139 and 57858. Breakouts on either side of both the levels. targets on upside is 58447. Target on downside is 56537. Happy Trading !!! N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the...
Nasdaq Composite Index made a swing low at 15222.78 on 19 April 2024. From that low we had cycle target at 17125.63 which was achieved on 05 June 2024 with a gap up. earlier we made a high at 17022.66 on 28 May 2024 and then we retraced to important level of 16490.18 on 31 May 2024. We see the next cycle birthzone level was crossed again with a gap up on 12 June...
Bank nifty has broken the important level of 50022.85 on the chart yesterday. We have a pressure dates on 07 August 2024, 20 August 2024 and 27 August 2024. We have failed to the level of 51134.70 on the charts. Remember the exit polls high of 51133.30. we have next supports at 49189.15 and 48911.70. Below 48911.70 we may see deeper correction. For any recovery to...
"A picture is worth a thousand words" is an adage in multiple languages meaning that complex and sometimes multiple ideas can be conveyed by a single still image, which conveys its meaning or essence more effectively than a mere verbal description. A pic with thousands words. Level to watch is 49717.80. I am loving it. Happy Tradiing !!! N.B. Not a financial...
S&P 500 saw an exact "Hit and Run" case on recent swing low. The recovery thereafter is another important level of 5366.32 seen on charts. we need to watch this level for further growth. Supports at 5253.16 and thereafter at 5159.64. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this...
BTCUSD pair has been struggling to cross the birthzone above the previous ATH of 69000. The Birthzone level of 71876 is very important as seen on chart. We have made first attempt to clear this level on 14 March 2024 with ATH of 73794. Other attempts were made on 27 March 2024 and 08 April 2024. Support was taken at Momentum level 2 at 61330 at 21 March 2024....
The chart shows important levels as per Gann Trading system. " A picture is worth 1000 words." Happy trading !!!
S&P 500 hits an high at birthzone and retraces back. Target was around 5560. Earlier it had hit an high at death zone level of 4808 back in Jan 2022. Then it had retraced to the level of 3682 which was the centre of gravity in Oct 2022. This rise was 9 months with where it corrected three minor sections of the price cycle. We saw the top to top movement between...
Dow Jones Index hits a all time high around 41400 the death zone in Gann Theory. Now we near Momentum level of 38400. Its has support till 37800. If either of the levels are held we can see recoevry soon. If broken then we may move towards the 36000 which acts the centre of gravity. we saw a rise of nearly 9000 points on the index. Currently we have corrected...
Bank Nifty Daily Chart with Monthly Gann Angles which are most important for Gann Analysis are shown in chart. You can see the January 2024 hit on the Monthly angle at 44843. Then the next Monthly angle hits around the level of 48920. You will how Price Action has developed around this angle provided various trade opportunities to the up and down angles. ATH was...
Index chart show the 45 minutes chart run up for the weekly expiry. We have a definite setup in Gann Analysis where and when to trade and where and when not to trade. trading decision nomenclature is depicted on chart. See the Birthzone area where the move starts. Also see the Deathzone level where we may fade out the move. Also watch the Momentum areas for Big...
Nestle india stock formed a ATH at 2773.30 as per price cycle on charts actual high may differ. The high was made in forty months. Price Cycle value of 2656 has been the resistance for last 6 months. Time cycle wise we have critical3 months ahead. Price of 2538.65 needs to be sustained for ensuing price action on the stock for further momentum. Price drop below...
Maruti stock has hit high at gann level of 13300. it has three fourth of section to make low at 12400. 12700 level is very important for trend decision. Earlier panic bottom was bottom at 11700 levels which took support on earlier highs of Feb and Mar 2024. Price cycle grows above 12100 levels with supports at 11950. below it we may see decent correction if...
Nifty MNC Index has hit a high at important level of 31300 on 10 July 2024 9:00 am candle. Thereafter we saw a correction to the price of 29800 on charts. From there we are bouncing back to important level of 30925. e saw consolidation between the levels of 30475 and 30700.index needs to sustain above the level of 30925 for further growth and attempt the earlier...
For Gann followers only. Study the Price and Time Cycles on chart for better understanding. Happy Trading !!!
HDFC Bank has taken ressitance at the level of 1771 seen on charts. It started its recovery journey with swing low at 1433 on chart. Actual high and low will differ due to lost motion. momentum seen above 1640.95. Below this cetre of gravity seen at 1537. Moentum level on downside seen at 1433. As per Gann Analysis consolidation seen between 1640.95 and 1433. Any...
Bank Nifty has a Major Level coming at 50700. Minor Cycle levels within are shown on chart. These levels form the short term movement for the Index. Yesterday price action could be not better example than possible. The Gann Theory comprises of Major Cycles, Minor Cycles and Minute Cycles..which represent the Monthly, Weekly and Daily Cycles. Happy Trading...