Category Archives for WD Gann Trading Analysis

Nifty Intraday Analysis 22nd Feb

As posted in the last analysis: Close above 10760 can show us move towards 10830/10950 levels. Bears still having the upper hand & from higher side levels probably will again see the selling pressure.

Nifty Intraday Analysis 22nd Feb

Yesterday Nifty gave the close above 10760 which illustrates more upside ahead in coming sessions for the target of 10830/10950 levels.

From short term perspective, Bears are still having upper hand & from higher side levels probably will again see the selling pressure.

​Critical Support for today in Intraday is at 10755 / 10700 / 10630 & Resistance is at 10810 / 10855 / 10925.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 22, 2019

Nifty Intraday Analysis 20th Feb

As posted in the last analysis: Nifty gave the EOD close below our support range of 10700-10670, which shows more weakness ahead in coming days & good bounces near resistance can use as selling chance, Bulls will get active above 10741 for a move towards 10830 / 10910 levels.

Nifty Intraday Analysis 20th Feb

Yesterday Nifty made the high of 10722 failed to cross 10741 & gave up all the intraday gains in the last session of the day.

The view is still the same Bears are having upper hand & can take the index towards 10522 /10437/10350 & Bulls will get active only above 10741 for move towards 10830/10910 levels.

Critical Support for today in Intraday is at 10600 / 10545 / 10480 & Resistance is at 10640 / 10700 / 10760.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 20, 2019

Breaking ‘Bank Nifty’ Trend from Intraday Chart

In our past multiple analysis on Bank Nifty, we have already discussed that it is in the weak section at present.

Today will see how we can anticipate the trends from intraday charts, by even taking advantage of small swings for increasing our profits, which looks graying sometimes on daily charts too.

Breaking 'Bank Nifty' Trend from Intraday Chart
Breaking 'Bank Nifty' Trend from Intraday Chart

Above is the Bank Nifty Index Hourly chart, which we are seeing is already in a downtrend, but if we look at the 'Daily' chart, it will show you a straight downside.

Whereas the hourly chart is showing three swings in the main downside swing, which equals to three more opportunities to which we can convert into action, but by only applying proper trading tools.

It takes great courage & confidence to put the things into the right piece at the accurate time for obtaining the benefits which one can gain & learn by using the solid methodologies.

Which I'm coaching to only selected no. of students every year, If you are Seeking such profitable possibilities for nourishing your trading career, then you must have a look at our exclusive & valuable course offerings.- Divesh

Posted by Divesh
February 19, 2019

Nifty Weekly Analysis 18-22nd Feb

As posted in the last analysis: 10900 will act as support below that move towards 10815/10700 can be seen & 11077 will act as resistance above, which move towards 11140/11225/ 11350 can be seen.

Nifty Weekly Analysis 18-22nd Feb

Nifty Daily Chart Angles

Last week below 10900 support level Nifty achieved ours both the weekly targets.

Next week 18 & 20th Feb are the critical dates, 10620 will act as support below that move towards 10560 / 10480 / 10350 can be seen & 10770 will act as resistance above which move towards 10830 /1 0910/ 11050 levels can happen.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 17, 2019

Nifty Weekly Analysis 11-15th Feb

As posted in the last analysis: 10792 will act as support below, that move towards 10750 / 10680 / 10550 can be seen & 10900 will act as resistance above, which move towards 10975 / 11060/ 11190 can be seen.

Nifty Weekly Analysis 11-15th Feb

Nifty Daily Chart Angles

Last week, Nifty achieved our 2nd target above our resistance level of 10900. Nifty made the high of 11118, which was the perfect first resistance of the month, & we almost predicted that level well before overhead here.

Next week 12th & 14th Feb are the critical dates, 10900 will act as support below, that move towards 10815/10700 can be seen & 11077 will act as resistance above, which move towards 11140/11225/ 11350 can be seen.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 10, 2019

Nifty Weekly Analysis 04-08 Feb

As posted in the last analysis: 10863 will act as resistance above that move towards 10925 / 10999 / 11100 can be seen & 10730 will act as support below which move towards 10670 / 10620/ 10500 can be seen.

Nifty Weekly Analysis 04-08 Feb

Nifty Daily Chart Angles

Last week, Nifty did our 2nd target below our support level of 10730 & then on Friday Budget day, it went above our resistance level of 10863 & made the high around 10983 level.

Next week 4th & 8th Feb are the critical dates, 10792 will act as support below, that move towards 10750 / 10680 / 10550 can be seen & 10900 will act as resistance above, which move towards 10975 / 11060/ 11190 can be seen.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 3, 2019

Nifty Intraday Technical Analysis 01st Feb

As posted in the last analysis: The view is still same; Bears need to hold below 10620, for a move towards 10550/10500/10430 & Bulls has the chance only above 10810 for progress towards 10880/10975.

By holding 10620 at downside levels, had worked perfectly & Nifty has shown the upside of nearly 200 points. This rise was predicted before in my other post also, which you may read by clicking here.

Nifty closed above 10810 level, shows bulls have the upper hand, & we may see the levels of 10880/10938 today, however, today we have the Union Budget Event so that wild swings can happen on either side.

Critical Support for today in intraday is at 10800 /10745/10660 & Resistance is at 10865/10910/10990.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 1, 2019

Nifty Intraday Analysis 30th Jan

As posted in the last analysis: 10620 will act as immediate support, below which move towards 10560 / 10500 / 10410 levels can come & Bulls need to move & close above 10810, for getting the control back in their hand.

Nifty Intraday Analysis 30th Jan

The view is still same; Bears need to get close below 10620 for further downside move & Bulls need to move & close above 10810, for getting the control back in their hand.

Critical Support for today in intraday is at 10630 /10585/10510 & Resistance is at 10690 /10725/10780.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
January 30, 2019

Nifty Clues Before Budget Event

We have Important Event of Budget on 1st Feb & before that, today Nifty has hit the critical, BUY turf/area (Buy Zone).

Nifty Clues Before Budget Event

In the above chart, I have tried to show you the same by the angular way, as the actual method, has not been displayed due to security purpose.

There can be BOUNCE, or maybe we can witness, break down also from this point, as an essential point to note here is that this point will give us solid CLUE, till or even after the budget event also it remains safe.

As this is the multi-dimensional view & presentation of analysis, I will make another post & update on this, if we get a breakout from this point.

10500 will be the critical level to watch out, as close below that can show the levels near 10370 / 10245.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
January 29, 2019

Nifty Weekly Analysis 28-01 Feb

As posted in the last analysis: 10965 will act as resistance above that move towards 11030 / 11100 / 11300 can be seen & 10870 will act as support below which move towards 10810 / 10720 can be seen.

Nifty Weekly Analysis 28-01 Feb

Nifty Daily Chart Angles

Last week, Nifty made the high of 10987 but failed to give any single EOD close above, our resistance 10965, and on the downside, it breaks & gets close below our support level of 10870, & made the low of 10756.

Next week 29th Jan is the critical date, 10863 will act as resistance above that move towards 10925 / 10999 / 11100 can be seen & 10730 will act as support below which move towards 10670 / 10620/ 10500 can be seen.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
January 28, 2019
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