Trading through Gann Angles

[lynx86]

i think my entry time was not correct.....i did not get any chance for profit booking....anyways this is not the end....looking for another chance for a good trade...

 

[justy]

Me too have taken these trades with DK and made good profits.

 

[DPKAUR]

Nifty View (21/4/14 - 25/4/14)

Nifty is making new highs every week. At this point of time try to make short positions in Nifty with very Cautious approach, with very strict stop-losses.
Nifty is about to reach a strong resistance zone from 6835-6878. Make short positions near 6870-6880 zone with stop-loss @ 6902 on closing basis. Targets for downside are 6803, 6764, 6699, 6666, 6636, 6584, 6518.
Major resistance levels are 6870-6880, 6965, 7010, 7198, 7304.

 

[a1b1trader]

Thanks DP
Hope you will post your views on Nifty, regularly.
Also, your post also confirms my analysis, posted in a thread a few days back.

 

[justy]

Nifty View (21/4/14 - 25/4/14)

Nifty is making new highs every week. At this point of time try to make short positions in Nifty with very Cautious approach, with very strict stop-losses.
Nifty is about to reach a strong resistance zone from 6835-6878. Make short positions near 6870-6880 zone with stop-loss @ 6902 on closing basis. Targets for downside are 6803, 6764, 6699, 6666, 6636, 6584, 6518.
Major resistance levels are 6870-6880, 6965, 7010, 7198, 7304.

Fabulous!!!!
I have not seen any one accurate like you in this forum. How do you always pin-point the exact level? From 6870 to direct Target 1 and almost near to target 2.... Hats-off to your accurate analysis....

:clapping::clapping::clapping:

 

[DPKAUR]

Nifty Spot View (28/4/14 - 02/05/14)


Nifty took U-Turn from the expected level of 6870-6880. The view remains the same.
Major resistance levels for this week are 6870-6880, 6938, 6965, 7010, 7198, 7304
Major support levels are for this week are 6764, 6724-6699, 6651, 6578 ,6557, 6517.
Stop-losses and Partial bookings are the two most important part of trading.
So, trade with stop-loss and must do partial bookings.

 

[masterstroke]

hi dpk...i am using traderji since long but i saw your thread today as some one recommended the same.. i am really surprised how i can miss this excellent thread and how could i have been benefited from if i have followed this earlier...

my request to you is that if you can give us some guiding material like good book names and also how practically you identify a stock will be really a great help as that would really make us learn the gann theory ...
i am not much aware about elliots wave or dow theory but i have found the gann theory the most promising one ... and i am really fan of it.. i am actually trying to learn this theory from the scratch and thats why searching for some good study materials...

 

[justy]

Perfect!!!Nifty made low of 6763.5 (as of now) and your 2nd target was 6764. Wow!!!!!

 

[amitrandive]

Dear All

How to upload data to GannAnalyst software?
I am using AmiBroker,with just 5 months of EOD data.

 

[masterstroke]

dear amitranadive if u have data in metastock format that can work in that software ...