Pattern, Price and Time: Using Gann Theory in Technical Analysis
As Discussed in Last Analysis 02 Aug is important time cycle date so we can do price time squaring if we close above 28525 tomorrow. Bulls need a close above 28420 for a move towards 28552/28636/28721/28900. Bears will get active below 28215 for a move back to 28131/28047/27879. Bank Nifty Took Support at gann … Read more
As Discussed in Last Analysis Now bulls need to hold 29450-29520 range where the Election gap will get filled for the upmove towards 29808/29952/30096. Bears will get active below 29447 for a move back to 29361/29275/29190/29104. Low made was 29194 so bears did target below 29447. We are entering the next level of importnat support … Read more
As Discussed in Last Analysis 24 June is very important day as per Gann. 24 June High and low are very important and we should see a good move in Bank Nifty in next 2 days. Fresh Positional long should be taken above 30783 for a move back to 30999/31087/31176. Bears will get active below … Read more
As Discussed in Last Analysis If RBI Day Low is not broken we can see a reverse move on upside as per time cycle. Bulls will get active only above 30960 for a move towards 31104/31248/31365/31500. Bears will become active below 30800 for a move back to 30672/30528/30384. Bank Nifty did 1 target on downside,Low … Read more
As Discussed in Last Analysis As today was important time cycle date high and low are important and break of high 30232 can see move towards 30322/30409/30583. Break of Low 29716 can see move towards 26629/29543/29372/29286 . Intraday level worked perfectly and 29791 also was a confirmation bulls have upper hand also we continue to … Read more
As Discussed in Last Analysis Fresh long should be taken above 30010 for a move towards 30096/30240/30384. Shorts will get activated below 29700 for a move back to 29520/29376. 30240 done which was gann angle resistance and we turned from that level, but closed above 30010. Fresh long should be taken above 30098 for a … Read more
As Discussed in Last Analysis Bears will have upperhand till we are below 29330 for a move towards 29088/28944/28800. Bulls will get active above 29376 for a move towards 29520/29664. 26 March is also important time cycle. Market like today show “How flexible are traders in changing positions”, those who were fast enough are rewarded … Read more
As Discussed in Last Analysis Now Fresh long should be taken above 29791 for a move towards 29929/30125. Bears will get active below 29350 for a move for a move back to 29210/29125/29000. High made today was 29799 so again Bank Nifty facing resistance at vedic number 29791. Fresh long should be taken above 29791 … Read more
Last Week we gave Chopad level of 27795 Bank Nifty gave Long on Monday did 3 target on Upside so EXCELLENT week for Chopad Followers and we also saw the effect of Gann 10 Year Cycle.Let see how to trade in coming week as we see Mercury Sun Conjunction Astrological Phenomenon showing effect. Financial Astrology: … Read more
As Discussed in Last Analysis Range of 28900-28944 is important supply zone, Closing above it can see quick move to 29088/29232/29376. Low made on Friday 28990 and once 28944 in first 5 mins bulls were on rampage did all our target on upside. Do not try to short this market till we got a reversal … Read more