NIFTY SPOT VIEW:
After long consolidation Nifty shifted to down trend, If nifty unable to hold the 25470 then there are high chance to go down around 25250.15th, 20th, 23rd and
Our expert adviser at Chart Trading and founder of ChartTrading.IN, Mr. Sristi Dhar Ghosh is a qualified Gann Analyst and is globally recognized for his successful endeavors in trading and investing. He holds an MBA degree with specialization in Finance from the accredited SMU in Kolkata, West Bengal. At present, he is working as a Stock Market Lecturer.
As W.D. GANN, the Master Trader in the realm of Trading rightly stated in 1949 that in order to mark your victory in the continuum of trading stocks, it is first imperative to learn before you experience any loss as this has been the case with traders at large, who jumped into the stock market without any prior knowledge and experience adequate capital loss.
Considered by some to be the greatest trader of all time, William Delbert Gann was born on a farm outside of Lufkin, Texas on June 6, 1878. The firstborn of 11 children, Gann never graduated from grammar school or attended high school, having the obligation of working his family’s farm. He was raised as a Baptist and kept his faith throughout life.
The Gann emblem is the Circle divide up by a Square and Triangle.The points at which the Circle,square and Triangle meet give is our key pressure points.The Gann emblem and its symmetry with simplicity,also shows the true proportion relationship between these geometrical shapes.
Gann Square of Nine or Gann Pyramid as it is also called is one of the most useful tools in the investment industry. Once mastered it is very useful when applied to financial analysis. The Gann Square of Nine is most often used to confirm the significance of highs and lows in terms of stocks, commodities and other types of investments. Imagine being able to predict when to buy a particular stock and how much to pay. The Gann Square of Nine makes this not only possible, but also a reality that has worked for many investors over the past century. After long consolidation Nifty shifted to down trend, If nifty unable to hold the 25470 then there are high chance to go down around 25250.15th, 20th, 23rd and
On 23rd September Nifty given a sell trade according to Square of Nine level. The sell trade was triggered closing of 2pm bar the sell price was 25206
Now see the beauty of Square of nine level. On 2nd September I was post a trade of Nifty according to square of nine level with stop of