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.
Sustaining 12060 - 12080 will make the price to move towards 12120, 12180, 12260, 12320 and 12360. Bearish below 12040 for the targets 12000, 11920, 11860, 11800, 11740 and 11680.
Buy above 289 with the stop loss of 286. Targets are 292, 295 and 298. Sell below 283 with the stop loss of 286. Targets are 280, 277 and 274.
Buy above 747 withe the stop loss of 741. Targets are 753, 759 and 765.
Buy above 515 with the stop loss of 510. Targets are 520, 525 and 530. Sell below 508 with the stop loss of 513. Targets are 503, 498 and 493.
Sell below 487 with the stop loss of 492. Targets are 482, 477 and 472.
Sustaining 11880 - 11900 will psuh the price towards 11960, 12000, 12040, 12120 and 12180. Bearish below 11860 for the targets 11800, 11740, 11680, 11620 and 11560.
Price action has already broken the trend line support. Next support is seen at 31050 - 31080 level. Breaking this will make the price to fall towards 30900, 30820, 30660, 30500, 30320 and 30080. Bullish above 31600 for the targets 31860, 32000, 32160, 32440 and 32720.
Usually there will be break out after consolidation. Here the price is consolidating again. Calm before the storm?
Price action is at the support zone 440 - 445. Breaking the support will make the price to fall towards 435, 430 and 422.
One of the most important challenge a trader face is facing uncertainity during market hours. Its in our nature to feel that we are in control of things happening in life. So we always want a secure situation in our life. When it comes to trading, the entire envirinment is different. Price movement is not in our control. We can not control the market, but we can...