Trading through Gann Angles

[justy]

Maruti marching towards 3rd target in the falling markets great system of yours

 

[DPKAUR]

NiftySpot

It seems we may bottom out this week somewhere near 5520-5495 levels. A long can be initiated from these levels for the targets of 5585, 5716, 5799 with stop-loss @ 5485 (Closing basis).

 

[justy]

SBI, Maruti, Reliance Industries all rocks :clap::clap::clap::thumb::thumb::thumb: Great job DK

SBIN is very near to an important Gann angle support which is at 2040. There is another support line (red color) which is at 2022 . The break of red colored trend-line can take this counter to 1875 level which is an another long term trend line ( pink color). A long trade can be initiated from 2040-2022 levels.with stop-loss at 2010 (closing basis). And a short trade can be initiated from 2010 for the target of 1875.

 

[sujittalukder]

Nifty reached the levels mentioned. Can we initiate long from here? or more downfall to come?

 

[Bewinner]

NiftySpot

It seems we may bottom out this week somewhere near 5520-5495 levels. A long can be initiated from these levels for the targets of 5585, 5716, 5799 with stop-loss @ 5485 (Closing basis).

Nifty reached your above mentioned destination? Can we initiate long here?

 

[DPKAUR]

yes, my longs has been trigerred @ 5495. Lets see whats store in for today' session. Stop-loss woild be same mentioned above

 

[Bewinner]

Hi DPKAUR...
could u plz tell me id ur level for nifty is in spot or future?

 

[Bewinner]

DPKAUR...

I will be highly obliged if u post level in BNF too...

 

[a1b1trader]

Hi DPKAUR...
could u plz tell me id ur level for nifty is in spot or future?

All levels are of Nifty Spot or stated otherwise, if any.

 

[DPKAUR]

DPKAUR...

I will be highly obliged if u post level in BNF too...

Bewinner ,
I am not tracking BNF
and all the levels mentioned are of Spot