Pattern, Price and Time: Using Gann Theory in Technical Analysis
As discussed in Last Analysis Bulls were able to close above 32300 and now waiting for the target of 32492/32768. Bears should watch out for Infosys results, Bank Nifty will move opposite to Infy reaction tommrow. Bears will get chance below 32040 for a move back to 31910/31725/31500. 32492 done and wating for final target of … Read more
As discussed in last analysis Mercury is going out combust tommrow suggesting another good move coming. Bulls need to move above 23850 for a move back to 24000/24200/24500. Bears will get active below 23600 for a move back to 23480/23385/23100. We are near a perfect set up for explosive move as we have astro date today … Read more
As discussed in last analysis As we are near gann angle support Bulls need to move above 22150 for a move back to 22340 and 22570. Bears will get active below 21920 for a move back to 21750/21400/21100/20940. We formed a perfect DOJI singalling volatile move coming as we approach montly expiry and monthly closing. … Read more
As discussed in Last Analysis Low made was 30329 so bears will waiting for 30260/30090. 30090 is important GANN Number so if we hold this level we can see rally back to 30500/30600 after gap down, Unable to hold this fall can extend towards 29900/29500. Today Mercury is going in Inferior Conjunction very important day. … Read more
As discussed in Last Analysis As we have Sun Trine Uranus as discussed in below video suggesting we should see good move in market. Plan remains the same Till we are holding 32200 we can rally till 32500/32768. Bears have there chance below 32150 for a move back to 31968/31887/31710/31621/31532. We have traded in small … Read more
As discussed in Last Analysis Bulls were able to do 2 target on upside till 30551 and now waiting for a 31750/31940 till we are holding 31300. Bears will get active below 31200 for a move back to 31000/30850.Tomorrow is important Astro Date. 31750 done. Now bulls need a close above 31850 for the … Read more
As Discussed in Last Analysis Now Bulls need a close above 30300 for upmove to continue towards 30544/30672/30800. Bears will get active below 30050 for a move back to 29900/29791/29600. 29600 done so bears were able to do all target below 30050. We have monthly expiry today and we are back to gann angle support … Read more
As Discussed in Last Analysis 28 Aug is important time cycle date,Bulls need to move above 28150 for a move towards 28282/28400/28600. Bears will get active below 27950 for a move back to 27800/27650. 28095 was the high today and once 27950 was broken bears did 27650 on downside, Now Bears need to break 27717 … Read more
As Discussed in Last Analysis Bulls now need a close above 28100 for a move back to 28316/28569/28738. Bears will get chance below 27890 for a move back to 27730/27563. Bulls got whipsawed and bears below 27890 were able to do 27730. Now as per time cycle we should get big move again today. Bulls … Read more
As Discussed in Last Analysis Plan remains the same Bank Nifty Bulls now need to close above 31794 for the up move to continue towards 32062/32151/32331/32500. Bears will become active below 31520 for a move back to 31349/31173/30996.Based on time cycle good move can be seen in bank nifty in coming 2 days. Bank Nifty bears … Read more