Trading through Gann Angles

[DPKAUR]

Reliance Industries

In Reliance Industries try to make long entries in the zone from 936 - 925 - 911.
Stop-loss would be a close below 908. Targets are 936, 988-995, 1040, 1063, 1145, 1197, 1285,1340.
The charts is giving very bullish signals. Rest market is supreme & dynamic. Our job is to do our analysis and act with proper stop-losses, rest market will prove our analysis.

 

[timepass]

Reliance Industries

Thanks DPKAUR.

Can you also tell us about Banknifty and Nifty ??

Thanks in advance.

 

[DPKAUR]

Timepass on your request:-

In BNF 15740 is Gann SQ9 level and today BNF has closed at this level.
In BankNifty buy can be taken @ 15775 with stop-loss @ 15625. Targets are 15935, 16240.
And a close below 15735 can drag it to 15221, 14710
* All levels mentioned are of spot.

 

[justy]

Market is falling like anything but Oil India was not able to cross the limit line of 598 whole day.I am long in oilindia @ 600. Thanks DK

 

[DPKAUR]

I hope you all must have made long positions in BankNifty @ the level of 15221. Stoploss would be a close below 15221.
In Reliance Industries also....

 

[prabhsingh]

In case of Reliance 927 is 0.618 Fib ratio as well which is very strong and it has made low of 923 on 25-Sep which is very close to this ratio hence long position can be taken keeping 920 as SL.

 

[DPKAUR]

In case of ReliancBut 0.618 Fib ratio as well which is very strong and it has made low of 923 on 25-Sep which is very close to this ratio hence long position can be taken keeping 920 as SL.

PrabhSinghji yes u can buy Reliance there. But keep the stoploss at the mention level of 908 on closing basis.

 

[DPKAUR]

BankNifty zooooom from 15221- 15537. Straight cut 300 points. This is the accuracy of Gann levels.

 

[DPKAUR]

Buy SBIN at MKT price . Stop loss close below 2425. Charts later...

 

[alvi7906]

Hi friend I had been following Gann Method to trade for Intraday but don't know how to implement it to carry position can you help on it plz