Pattern, Price and Time: Using Gann Theory in Technical Analysis
GOLD Gann Angle Chart Gold Price cracked the gann angle support line with ease heading lower. GOLD Plannetary Support and Resistace Line Price has broken Sun Plannetary line and heading towards Venus Plannetary line. GOLD Harmonic Analysis Heading towards 46225 below 48850 GOLD Pressure Date 19 Jan Important time cycle date. Weekly Trend Change Level:48777 … Read more
Crude Gann Angle Chart break of 3782 Heading towards the support zone of 3685/3610. Crude Plannetary Support and Resistace Line Crude took resistance at Saturn, Venus and Moon Planneatry lines. Crude Harmonic Analysis Bearsih ABCD Pattern unable to cross 3960-4000 range can see fall back towards 3764/3685. Crude Gann Time Cycle Date 19 Jan Important … Read more
USD INR Gann Angle Chart Price can rally back to check the resistance at gann angle if last week low is held. USD INR Plannetary Support and Resistance Line Rupee taking support at Venus Planneatry line. Price Heading higher towards 73.52/73.77. USD INR Harmonic Price is approaching the PRZ Zone again can see a quick … Read more
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders … Read more
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent … Read more
FII sold 11 K contract of Index Future worth 1063 cores, Net OI has increased by 2.6 K contract 4.1 K Long contract were covered by FII and 6.8 K Shorts were added by FII. Net FII Long Short ratio at 2 so FII used fall to exit longs and enter shorts. As discussed in … Read more
As discussed in Last Analysis High made today was 32718 so bulls unable to move above 32768 and formed double top and also price time sqauring suggesting big move should be seen in next 2 trading sessions.Bulls need a close above 32580 for a move towards 32678/32768/32943/33045/33136. Bears below 32512 can do 32412/32322/32142/32053.Bank Nifty saw … Read more
Source Once upon a time there lived in India two friends–Mr. Sham, a rich man devoted to worldly pleasures, and Mr. Honest, a poor man devoted to seeking God. They both lived with their families in a large double house. Mr. Sham was a shameless, unprincipled, godless rogue, whereas Mr. Honest was a conscientious, upright, … Read more
The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and … Read more
PEL Positional Traders can use the below mentioned levels Close above 1575 Target 1666 Intraday Traders can use the below mentioned levels Buy above 1575 Tgt 1590, 1610 and 1625 SL 1565 Sell below 1560 Tgt 1545, 1530 and 1510 SL 1572 Adani Ports Positional Traders can use the below mentioned levels Close below 529 … Read more