Index has risen nearly 800 points or more from the lows. After 20666 we have 21092 as important level on charts. Yesterday we crossed and got new high... Trend-wise 21092 remains crucial with yesterday's high as impact level ahead. Use the range for trading purpose if sideways... else breakouts for momentum trades... Intraday Level to watch is 21196. Happy...
Writing on a April Fool Day is always challenging task. Index recovery has been smooth from the low on 20 Mar 2024 end of Gann Annual Cycle March 23/24. We have recovered two-third of the range. We see a double top at 10562.75 which is level to watch on the upside. Again we see a double bottom on downside at Gann Level of 10493.10 which isthe centre of gravity on...
Reliance Industries Monthly Gann Angles Analysis...28 March 2024... Levels and Angles marked on Monthy chart carry a lot of weightage... Study them carefully and use it for decision making... Level of 3039 seems very important on chart... This could the next next game changer for it... Gann 50% Rule at work.... Happy Trading !!! N.B. Not a finanancial advice to...
Index is at the gravity centre level of 46533 of the recent swing... It will decide the trend in near future on daily time frame...47234 on upside and 45831 on downside are key levels for swing players. Break on either side will be momentum move for positional players with range expansion of same width... Short term traders can use the 46533 as pivot with a band...
Index has seen a decent recovery from lows of 20383 on 20 Mar 2024... ending an yearly Gann year cycle. We are above the 20666 level with gap up and making double bottom on the important level for the trend on 21/22 Mar 2024... We have hit a double top at 20808 on both trading days....21/22 Mar 2024....Use this range for your trading bias.... with breakouts on...
Zomato Price and Time squaring Technique Explained... Explanation on Chart... Price conversion to Time and Time conversion to Price... Both are interchangeable... Here we are using Price to Time conversion... Gann Theory equates One day to One Year....One Week also... Squaring the Low Technique... Zomato Low Price is converted to Time Number in weeks .. The...
It's been subdued vibrations for past few days for the index. We felt the squeeze on it with smaller ranges. Is it a Lull before the storm needs to watched carefully ahead. We have been on the bull run for last 4 years on the trot with normal corrections within the run. 48000 high in 2024 with 32000 high earlier in 2019 5 years back and also low at 16000 4 years...
MCX Gold Daily Chart Analysis ... target was 66333 and we got an High at 66356 .... See Double Tops in Dec 2023 / Jan 2024 at 64000 levels.... Also see the start of the last swing at 57000 levels.... Happy Trading !!! N.B. Not a finanancial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform....
Index has been correcting from the recent highs. The As Above So Below principle is working now to the downside. We see a range from 20826 to 20382 on the chart. Today we see 20666 is the key level for the index. On higher side we have 20720/20773/20826. On Lower side we have 20613/20560/20524. Use the levels prudently for your profitable trades. Keep suitable...
Index has been correcting after the recent high and we have a cycle level support at 10284. We see a double bottom formation near that level with a higher low formation at 10336 level. We can be positive above 10493. Hurdle at 10563 and support at 10423. Use the range or breakout on either side to plan your trades. We will have wild swings till 2nd week of April...
Detailed analysis is shown on chart also some possible trades are shown for yesterday 14 March 2024 as per Gann system... Today level to watch is 22130 shown on chart.. We are near culmination of annual Gann Year on 20 March 2024... Critical Time zone... always watch plus or minus 3 weeks for further clues and possible trades here. Safety net for Nifty 50 will be...
Nifty index critical level was 22462.65. See the percantage on chart.02 March 2024 we were resisted at 11 am candle and we saw the downturn till 06 March 2024 11 am candle. From double bottom we broke the the 22462.25 to form a new high at 22523.65 at 9 am candle on 07 March 2024. Anniversary date of low on Nifty was 08 March 2022 with Time we completed important...
After the big divergence seen on the index it has outperformedthe main index and recovering lost territory to hit an high of 48155.85 on 06 Mar 2024 at 11 am candle. Thereafter we have again drifted to the downside to hit low at 46884.45 on 13 Mar 2024 at 10 am candle. We saw intraday volatility expected in bear market rallies.Levels to watch are 48110.35,...
The phrase "as above, so below" is an ancient quote to describe the idea that what happens in a higher realm or plane of existence also happens in a lower realm. Markets move in harmony to Natural Laws. W. D. Gann researched it and discovered the Law of Vibration and found its application in stock markets. In pursuit of the same I have my own interpretation of the...
Index has moved nearly in a range of 500 points from the top. The level of 10890.40 is to be watch for intraday bias. Above it we have 10920.40/10953.70/10998.75/11025. Beow it we have 10842/10816/10745.40/10712.25. So trade the levels to your advantage to make some profits. Happy Trading !!! N.B. Not a finanancial advice to buy or sell. With usual disclaimers as...
Index is near the much awaited 22500 and may probably hit it today. This completes an annual cycle on Nifty 50 both price wise and time wise in the near future. The concept of Lost motion will come into play hereafter which needs to watched carefully. Timewise we near in the annual cycle completion with nearly 2 weeks to go. We will be completing 4 years of rise...
Bank Nifty has recovered from the cluster support of 45562 and 45899. Important Gann level to watch is 47587.50. Above it resistance seen at 47745 and support seen at 47417. Expiry can use this range for scalping purpose. Any price action outside this zone needs to be watched for Fake Outs. Coming back in the range may give some meaningful trades. Breakouts if...
Index has hits highs around the Gann Level of 57712.50. and retracted the usual percentages at cluster level supports of 53662.50 and 53999.45 as seen on the charts. We saw earlier breakout fromt the important level of 52650 in the week starting 12 Feb 2024. Currently we are in the 3rd week from the lows. Chart shows triple tops at 54561.55 on 19 Feb 2024 week,...