Trading through Gann Angles

[NANDAMAD]

right click that box & open url in new window.

tried perhaps chrome does not support thanks anyway

 

[Bewinner]

DPKAUR ...
SL hit in AXIS bank?

 

[NANDAMAD]

DPKAUR ...
SL hit in AXIS bank?

today shorting sl and buying sl both hit--expiry day-expected vola

 

[DPKAUR]

DPKAUR ...
SL hit in AXIS bank?

yes bewinner today stop-loss got triggered in Axis Bank. :-( Bitter Part of trading..........

 

[DPKAUR]

Sorry, My intention was not
to counter ur recommendation. It's my personal view which i thought it
to be shared with others.

Yes mangup i know that after all we all here to help each other. If i had given attention to ur views then today our trade in Axis bank had given us huge profits. Anyway, market is a great teacher and everyday it teaches us something.

 

[yashodhan]

yes bewinner today stop-loss got triggered in Axis Bank. :-( Bitter Part of trading..........

DP,

Wasn't the call on closing basis? I thought so and shorted Axis when it looked like closing below 1435 (cash).

 

[DPKAUR]

yashodhan our stop-loss got triggered for the long trade.

 

[stockstopp]

A Close above or a close below of any angle, the next angle will act as a resistance or support.

1)Generally in intraday we consider high low better than close?
2)Do we need confirmation once it is close above angle resistance?

 

[stockstopp]

DPKAUR,

Can u pl post the Gann chart with angles for this scrip,both sup & rest,both Long & Short time.

One of my long time dependable analyst had predicted that this scrip may fall up to 1600 level & hence should not be purchased now for Investment.

So,i am curious to know what the Gann chart says & yr Expert interpretation of the same for Investment.

As per ew count too 1800-1600 on board as a target of 5 th wave down!
We r right now in 4 th of 3rd!

IMO -Ideal short for a good money is shorting around GAP 2625.

 

[stockstopp]

Rangarajan as far as Infy is concerned, there is support @ 2256. A long trade can be taken at 2256 with stop-loss @ 2200 for the target of 2403,2456,2555

What a support! :thumb: