Pattern, Price and Time: Using Gann Theory in Technical Analysis
Last Week we gave Chopad Level of 35921 Bank Nifty gave Short and LONG trade at Chopad Level did all target on upside and downside so “EXCELLENT WEEK” for Chopad Followers. Next we will have Nifty Aniversary Date suggesting another good move coming. Bank Nifty Harmonic Pattern Break of 34658 can see quick fall towards … Read more
Last Week we gave Chopad Level of 15025 Nifty gave Short trade at Chopad Level did all target on downside so “EXCELLENT WEEK” for Chopad Followers. Next we will have Nifty Aniversary Date suggesting another good move coming. Nifty Harmonic Pattern Break of 14454 can see fall till 14100. Nifty Gann Angles Price heading to … Read more
GOLD Gann Angle Chart Gold Price has broken gann support zone GOLD Plannetary Support and Resistace Line Price has broken the sun plannetary line heading lower. GOLD Harmonic Analysis Now heading towards 44000 till below 46500 GOLD Pressure Date 03 March Important time cycle date. Weekly Trend Change Level:45666 Weekly Resistance:45796,46000,46225,46500 Weekly Support:45470,45100,45729,44574 Levels Mentioned … Read more
Crude Gann Angle Chart Crude heading back to gann resistance zone. Crude Plannetary Support and Resistace Line Crude is back at resistance at Venus Planneatry lines Range of 4643-4680 strong Supply zone. Crude Harmonic Analysis No Valid Harmonic Pattern Seen Crude Gann Time Cycle Date 03 March Important time cycle date. Weekly Trend Change Level:4610 … Read more
USD INR Gann Angle Chart Big Move seen as expected in last week from Gann Angle Support. USD INR Plannetary Support and Resistance Line Rupee bounced from the Venus Plannetary line support. USD INR Harmonic Price reacted from PRZ Zone and we have seen biggest rise in USD in last 10 months USD INR Gann … Read more
FII sold 34.8 K contract of Index Future worth 3806 cores, Net OI has increased by 13.3 K contract 9.5 K Long contract were covered by FII and 25.2 K Shorts were added by FII. Net FII Long Short ratio at 1.5 so FII used fall to exit longs and enter shorts. As discussed in … Read more
As discussed in Last Analysis Till Bulls are holding 36500 price can rally towards 36653/36863/36999. Bears below 36270 can see quick fall towards 36050/35849/35600. Tommrow we have very Important Astro Date. We have discussed Importance of Astro Date in below video,Bank NIFTY crashed 2000 points, Now bears need to break 34650 for a move towards … Read more
Both the benchmark indices BSE Sensex and NSE Nifty witnessed a nearly 3 per cent crash, Nifty down 500 points SENSEX down 2000 points,biggest fall in last 11 Months we have seen. US Bond Yield Rising US 10-year yield climbed to 1.614 per cent, the highest in a year. With the Pandemic showing signs of … Read more
The largest academic study ever conducted on day trading shows that most traders lose money even during a bull market. Only 5% of active traders were able to earn significant profits two years in a row. Are 95% of traders dumb? Hardly. As a trading coach , I believe traders are among the intelligent and … Read more
PEL Positional Traders can use the below mentioned levels Close above 1965 Target 2080 Intraday Traders can use the below mentioned levels Buy above 1965 Tgt 1986, 2005 and 2025 SL 1950 Sell below 1938 Tgt 1917, 1890 and 1860 SL 1950 Coal India Positional Traders can use the below mentioned levels Close above 158 … Read more