Trading through Gann Angles

[DPKAUR]

Hi,

Look at Axis Bank. As soon as it crossed 532, it went like a bullet train to 555 and reversed from there.

Fantastic, DPK.

Yashodhan why you looked at AxisBank so late?
We are long in this script from 489. It is zooming from that level. See how it behaved near 486-489 level for so many days.... and now we r looking to book our remaining qty at 578.

 

[DPKAUR]

8804 may act as a strong resistance and cautious level in Nifty Spot.

 

[justy]

Yashodhan why you looked at AxisBank so late?
We are long in this script from 489. It is zooming from that level. See how it behaved near 486-489 level for so many days.... and now we r looking to book our remaining qty at 578.

Again a perfect level from ur side. High made 577.40 in cash and 578 high made in future. It seems that Axis bank came to this level only for you.
Simply hats off . No other gives levels like u.

 

[DPKAUR]

When all the so called expert technical analysts are saying only negative things about Reliance Pack.
Reliance Infra is going to come in the Gann angle support zone.
RelInfra support zone can be 387-376 . Stoploss would be at close below 375. It can touch 386, 397, 416, 437, 453- 458, 470, 521, 547

 

[yashodhan]

Dear DPK,

I would appreciate if you give your views on Banknifty and Nifty.

 

[Bewinner]

When all the so called expert technical analysts are saying only negative things about Reliance Pack.
Reliance Infra is going to come in the Gann angle support zone.
RelInfra support zone can be 387-376 . Stoploss would be at close below 375. It can touch 386, 397, 416, 437, 453- 458, 470, 521, 547

DPKAUR ji,
RELINFRA did not come to your support zone till now. Is it a time to trade this scrip or wait for the level you specified?

 

[DPKAUR]

DPKAUR ji,
RELINFRA did not come to your support zone till now. Is it a time to trade this scrip or wait for the level you specified?

Hmmm Bewinner Relinfra took uturn without touching the mentioned levels. Even I was also waiting for the levels ,!!! Anyways I will wait for the levels...

 

[justy]

Yes DK please throw some light on Nifty and banknifty.

 

[DPKAUR]

Chart of Nifty with -WW and Gann angles

 

[niftychartreader]

1. -ww has not yet formed or about to form. And a suggestion, please do not post advance wolfes and that too in too much advance of forming point 5 as it can create confusion (a 20-30 points advance may be okay)
2. Point 2 chosen is not correct, a previous lower low should be point 2.