kbr9121965

kbr9121965

W D Gann's Master Forecasting Cycle for BankNifty is depicted on the Monthly chart.The important cycle date was June 2023 where we hit nearly the 45000 on the index the high was 44787.10 missing it by 212.90 points. The chart shows the Wheel within Wheel concept to zoom in within the cycle. The important month timewise is Sept 2024. We had a cluster time cycle in...

kbr9121965

Sensex has completed one minute price cycle from the lows of tuesday at 76312 with the high formed on wednesday at 77016. Thursday saw the overthrow of the cycle with gap up at 77145 and saw immediate profit booking below the important level of 77080. For expiry day the minor range to watch is 76920 and 76728 with breakout happening on either side. The expansion...

kbr9121965

Nifty 50 Index has completed one price cycle from 23206.50 to 23439.50. We have retraced down to an important trend decider level of 23323 which is yesterday's close. We need to stay above it for the expiry day to be positive. I we gap up today 23400.65 is the level to watch on the upside. Major resistamce at 23439.50 above which we may see new all time highs till...

kbr9121965 Updated 

Election results volatility is over and we look forward to stable government formation and thereafter next trigger will be the first annual budget of this government where the market makers will apply their capital atkeast for the next one year. The extraordinary swing on the exit polls day was a great shakeoff on intraday and short term player. Those who could...

kbr9121965

S&P 500 index made at triple top on weekly timeframe at 5265 an important level on chart. Thereafter it corrected down for 3 weeks Gann Rule 2/3 weeks correction against the trend. Index did not break the important level of 4940 with the low coming at 4953.56 on 15 Apr 2024 week. Gann wheel shows April 12 as important. Price analysis done on Square of 52. Price...

kbr9121965

Index recovery fron 10000 odd levels has been fantastic and a good entry point for postional players. On this run up weekly levels to watch are 11815 on upside and 11416 on downside. With trend decider level at 11633. Happy Trading!!!!

kbr9121965

HDFC Bank carries the highest weightage of 11.60% in the Nifty 50 index. It has proven its worth by creating wealth in the past and is being held in the portfolios of investors and mutual funds also. Recently it is underperforming in the banking index. All time high made was in July 2023 at 1757.50. Another lower high was made in Dec 2023 at 1721.40. The level of...

kbr9121965

Reliance Inds carries a weightage of 9.75% in the Nifty 50 Index. It has been the main stay for investors and funds for past decades. Also it has delivered the goods for the investors and will continue to do the same. Recent all time high made was 3029 on 03 June 2024. Earlier High was made in first week of March 2024 at 3024.90. So after 3 months attempts it made...

kbr9121965

Nifty Index is recovering from the recent fall after the all time high done on 03 June 2024 at 23338.70. The correction was a single day fall to 21303.25 a 2000 points on the downside. The Gann Rule of 50% worked perfectly today with recovery to the levels of 22524. The index hit the important 233oo level and met resistance after consolidating between 22500 and...

kbr9121965

W D Gann had said if you know the begining you can predict the ending. Gann also gave the importance to Time more than the Price. So lets use come to Time and start from the Gann Year 21 March 2024 to 20 March 2025. Having said this we agree that the last Gann year eneded at 20 March 2024. So the bottom made there is the start for the current year. See the swing...

kbr9121965

Nifty 50 Index made an ATH at 23110.80 on 23 May 2024 at 11:45 candle. Thereafter it saw profit booking after hitting the psychological figure of 23000. We retraced to an important level of 22857 as seen on charts. Next day we opened gap up but missed the 23000 figure by1/2 points and closed near 22888 levels. We saw further gap down opening on 29 May 2024 where...

kbr9121965

Bank Nifty hits a high at important level of 49671.30 as the chart shown. Momentum shorts triggered below 49356.30 level. After the top formed we got two good opportunities to short at that level both yesterday and today. Third opportunity was little below the level at 49327.75 at the afternoon candle of 12:45 seen on chart. Target was 49096.15 which was achieved...

kbr9121965

FINNifty hit an important level of 22126.55 and gave up the gains intraday as seen on chart. Fall was expected till 21914 but we ran an overthrow to 21868.70. Important range to watch tomorrow is 21993.75 and 21914.05. Range expansion till 22100 and 21861. Above it breakout and fakeout rules both applicable. Bias level for the day is 21993.75. Happy Trading...

kbr9121965

MidCap Select Index has completed one minute growth cycle from 11401 to 11515. Current range to watch is 11486 and 11444. Expansion possible till 11401 and 11515. Above it fake outs and break outs possible. This seems the monthly expiry so expect more volatility for today. The level of 11420 can be watch critically today. Happy Trading !!! N.B. Not a financial...

kbr9121965

Sensex has made a new ATH 75499.91 on 23 May 2024. Earlier swing low came in at 71886.01 on 13 May 2024. Thats a swing of 3500 points in 8 trading days. This sequence has been going from the start of the Gann year with low at 71674.42 on 20 Mar 2024. We have very well the 72000 to 75000 range. Gann students know the importance of this range. The important level to...

kbr9121965

Nifty has started this weekly expiry with a low of 22345 and never looked back. It has hit an weekly high yesterday at 22629. So nearly a rise of 300 points is seen on the index. Previous week high at 22520 was crossed on Tuesday at 11:15 candle and we hit high of 22591 at 12:45 candle. A gain of 70 points intraday within 2 hours a decent intraday future and...

kbr9121965

Nvidia Corporation has been in the news for the recent past and seen a fantastic run on its price with AI Technology progress.NVIDIA DGX-2™ is the most powerful tool for AI training, using 16 GPUs to deliver 2 petaflops of training performance to data teams. Adding in the extreme IO performance of NVIDIA Mellanox InfiniBand networking, DGX-2 systems quickly scale...

kbr9121965

BTCUSD has made an new All Time High at 73794 on 11 Mar 2024 weekly candle. The recent major swing low was at 15479 on 21 Nov 2022. Its been a fantastic rise to the new all time highs thereafter. Recently we have attempted to make new highs on 08 Apr 2024 a month after the 11 mar 2024. Again another attempt is being made now at 71958 in this weekly candle. The...