Intraday Trading Using Gann Calculator

[sujittalukder]

What is the logic of putting the LTP in the table? I was thinking to put it it between two numbers - one which is lowest and another which is highest to LTP in the table.
But confused when LTP is 2607 or 258. Since the two numbers are not horizantally or vertically aligned.
So whats the logic of putting the LTP in the table?
Please clarify.

regards
Sujit

 

[radha55]

Hi radha,
How to calculate WAP?

WAP is weighted average price.

This u can get from nseindia .com

 

[radha55]

What is the logic of putting the LTP in the table? I was thinking to put it it between two numbers - one which is lowest and another which is highest to LTP in the table.
But confused when LTP is 2607 or 258. Since the two numbers are not horizantally or vertically aligned.
So whats the logic of putting the LTP in the table?
Please clarify.

regards
Sujit

I m not sure to understand you, but the logic of LTP is right now the price is under some angle.
It may follow some trend from now onwards.
So based on current price we decide how the price will behave.
Based on LTP we calculate our levels.
Generally we should take average price at 9:15-9:25 am.

If we can take so early then during the day we should take LTP.

 

[radha55]

Nifty Futures Profit for 5th Apr 2010.

Gann Calculator

WAP for Nifty Futures was 5325 at 9:15 - 9:25 am.

After entering this price in the Gann Calculator at

we get the following calls.

Buy at / above: 5329 Targets: 5344.59 - 5362.87 - 5381.19 - 5399.54
Stoploss : 5310.76
Sell at / below: 5310.76 Targets: 5295.2 - 5277.02 - 5258.87 - 5240.75
Stoploss : 5329

Buy Triggered above 5329.

Targets 5344, 5362 are achieved. High was 5371.

Total Profit = 5362 - 5329 = 33 points.

Profit of 1500+ with one lot Nifty.

 

[indiranla]

Hey Sujit,

I hadn't came on this thread since then. Here I've uploaded the excel file for the benefit of you and other users whomsoever need this. Enjoy and must also thank Radha. Links for download are below. :thumb:

Hi my friend
tq for the files, but it needs password for entering the values. kindly give them
regards

raj

 

[radha55]

Nifty Futures Profit for 7th Apr 2010 based on Gann Calculator

The WAP price of Nifty Futures around 9:15 - 9:25 am was 5377.

After entering this value in Gann Calculator we get the following calls

Recommendation:
Buy at / above: 5383.89 Targets: 5399.54 - 5417.93 - 5436.34 - 5454.78
Stoploss : 5365.56
Sell at / below: 5365.56 Targets: 5349.93 - 5331.66 - 5313.42 - 5295.2
Stoploss : 5383.89

Buy Triggered at 5383. Target 1 was 5399. High was 5398.

Since the target 5399 could not maintain its presence for more than 5 min, we square off our trade.
and calculate the square again.

We enter 5390(approx) at this time.

So we get below calls
Recommendation:
Buy at / above: 5402.25 Targets: 5417.93 - 5436.34 - 5454.78 - 5473.26
Stoploss : 5383.89
Sell at / below: 5383.89 Targets: 5368.24 - 5349.93 - 5331.66 - 5313.42
Stoploss : 5402.25

Sell triggered at 5383.
Target 1 and Target 2 achieved.

So profit in second trade is 5383 - 5349 = 34 points.
Profit in first trade = 5390 - 5383 = 7 point.

Total profit = 34 + 7 = 41 points.

Profit of 2000+ with one lot of Nifty

 

[radha55]

Nifty Futures was around 5344 (wAP) at around 9:15-9:20 am.

By entering this value in calculator, we get below calls.

Buy at / above: 5347.26 Targets: 5362.87 - 5381.19 - 5399.54 - 5417.93
Stoploss : 5329
Sell at / below: 5329 Targets: 5313.42 - 5295.2 - 5277.02 - 5258.87
Stoploss : 5347.26

Buy Triggered at 5347. Target 1 and Target 2 got achieved.
So profit = 5381 - 5347 = 34 points.

Profit of 1500+ with one lot of Nifty.

 

[bpradipkumar]

mad'm pls tell me how to find out WAP for nifty or equity ? i still dont know how to calculate . and one more things . after target achived , then how to choose for next level WAP . please help me mad'm , it would be greatfull to me

 

[radha55]

Nifty Futures Profit for 12th Apr 2010.

WAP for Nifty Future at around 9:15 - 9:20 am was 5355.

After entering this value in Gann Calculator we get the below calls

Sell triggered at 5347 in next 10 min.

Target 5331 got achieved soon. Within 3-4 min Nifty Futures touched a low 5322 and reversed back indicating buying pressure. So we square off at our target price 5331.

Now we enter 5331 in calculator and we get below signals
Recommendation:
Buy at / above: 5347.26 Targets: 5362.87 - 5381.19 - 5399.54 - 5417.93
Stoploss : 5329
Sell at / below: 5329 Targets: 5313.42 - 5295.2 - 5277.02 - 5258.87
Stoploss : 5347.26

Buy triggered at 5347 after few minutes.
Target 1 5362 got achieved soon.

But Nifty Futures could not sustain the price 5362 for more than 5 min and reversed from there indicating selling pressure.
So we square off at 5362.

So we make profit 2 times a day and still we have trading session left.

If calculate profit uptill now, then

Profit 1 = 5347 - 5331 = 16 point.
Profit 2 = 5362 - 5347 = 15 points.

Total profit = 31 points.

Still if we trade more, then more possibilites for profit.

 

[bpradipkumar]

thanks a lot for ur reply mad'm .this is the things i would like to know mad'm . means that 5331 ? if not achive our target which point should we take as second calculation ? is it any time frame ? pls tell me what is today wap ? can i check that from nifty chart or what mad'm pls tell me mad'm ?