Sell below 3990 with the stop loss of 4015. Targets are 3960, 3930, 3900 and 3875.
Sustaining 12220 - 12240 will make the price to move towards 12280, 12340, 12380 and 12420. Bearish below 12180 - 12200 for the targets 12140, 12000, 11940, 11880, 11820 and 11780.
Sustaining 32060 - 32100 will push the price towards 32320, 32500, 32760, 32900 and 33100. Bearish below 31940 - 31980 for the targets 31800, 31660, 31400, 31240, 31080, 30920 and 30800.
When a newbie enters in to trading world, he/she dont have fear about trading. And ofcourse they dont have technical knowledge. Once they lost their savings in trading, they start to realise the mistakes they have done in trading. And fear of losing money occupies their mind. Will you start a business with out knowing anything about it? With out knowledge in it? ...
Strong resistance is seen at 1825 - 1835 level. Unable to break it will make the price to fall towards the next support at 1770.
Buy above 366 with stop loss of 363. Targets are 369, 372 and 375.
Sustaining 12290 - 12310 will push the price towards 12340, 12380, 12420 and 12460. Bearish below 12240 for the targets 12200, 12150, 12110 and 12060.
Sustaining 32400 - 32440 will make the price to move towards 32500, 32620, 32760, 32900, 33020 and 33140. Bearish below 32260 for the targets 32180, 32020, 31880, 31740 and 31600.
The basic elements in Gann analysis are price, pattern and time. Gann used variuos tools in his analysis to find the movement of market. One of the important tool he used is Gann angles. The interesting factor about Gann angle is the past, present and future exist at the same time. Sounds dramatic, right? The explanation is simple. Past movement of the price,...
Resistance is seen at 32140 - 32180. Sustaining it will make the price to move towards 32260, 32420, 32640, 32920 and 33100. Bearish below 31980 for the targets 31860, 31720, 31540, 31400, 31180 and 30900.