Trading through Gann Angles

[TraderRavi]

Was wrong question....

is thread mein bhi jalwa, dekho dekho ye hai jalwa...........:lol:

 

[prabhsingh]

DP,

What are the parameters for deciding GANN pressure dates?

 

[mastermind007]

Tomorrow 10th June is a Gann Pressure Date

Market ne pressure ki goli kal khayi thi .... aaj aasar hua!!! Jindal Steel had a free fall. I was feeling good that it hit all my targets and I got out at 2.5%
until I saw the humpty dumpty.

I am thinking of making a rule of not watching the scrip after we've closed our trade in it.

 

[DPKAUR]

DP,
Can we see more downside for IDFC or upside has started for it.Kindly can you assist with your analysis please.

Prabh Singh,
Today IDFC has closed above an important Gann level of 141 which acted as a good support. If this level is broken then next support zone is @ 135-133, 123, 109. According to me a buy can be taken @ 141 tomorrow with SL @ 140 on closing basis. Target for upside are 145.7, 150.7, 154.8, 158.5. All levels are of spot.

 

[DPKAUR]

Nifty Spot
Nifty is heading towards the support zone. There is a cluster of supports @ 5743, 5732, 5728 and whenever Nifty approaches near the cluster of support then a pullback or reversal is possible. We can initiate longs @ the levels mentioned with stop-loss @ 5720 on closing basis. Targets are 5743, 5804, 5853, 5902, 5926.

A closing below 5720 may take nifty to 5663 and 5630 levels.

 

[justy]

nifty opened below the mentioned levels

 

[mastermind007]

nifty opened below the mentioned levels

and failed to climb up. I did get 1 trade of +10pts and another of -7 so this day goes into the trading history as The Day of The Brokers!!!!

 

[a1b1trader]

Nifty Spot
Nifty is heading towards the support zone. There is a cluster of supports @ 5743, 5732, 5728 and whenever Nifty approaches near the cluster of support then a pullback or reversal is possible. We can initiate longs @ the levels mentioned with stop-loss @ 5720 on closing basis. Targets are 5743, 5804, 5853, 5902, 5926.

A closing below 5720 may take nifty to 5663 and 5630 levels.

Thanks DP for the levels.
Your levels and WW helped me to take 3 trades.

 

[DPKAUR]

Thanks DP for the levels.
Your levels and WW helped me to take 3 trades.

hi a1b1trader
I wonder which of my mentioned levels worked today??
Even I didnt got any trade today except the 1min WW trade in Nifty.
I think you are regularly visiting my blog, then yesterday & today you must have traded L&T & Reliance ??

 

[Bewinner]

a1b1trader has really become diamond DPKAUR ji...ur identification always remain a gem...today where index opened gap down...struggled 1 hr almost to going against the gap and again went down...so it was a bit difficult to trade...which I think pro's can take...

A1B1Trader pro trader ban gaya...