What Is Gann Square Of 9?
This particular tool developed by William Delbert Gann is highly mysterious, and people worldwide are searching for accurate information on the Gann Square of 9. With 22 years of experience in the stock market, I have successfully practiced the Gann Square of 9 for many years.
Let me explain: this tool effectively helps to segment price movement into 45-degree increments. Each tradable instrument has a unique capacity to move in one direction within these 45-degree increments. Some may reach 90 degrees, while others extend to 180 degrees, resulting in variations across different stocks and indices.
In the following paragraphs, I’ll clarify this concept further with real examples, showcasing its practical application.
Table Of Content
- What Is Gann Square Of 9?
- Detailed Explanation
- The logic behind Its Working
- Important Note
- Real Case Studies
- Frequently Asked Questions
Detailed Explanation About Gann Square of 9
To better understand, let me explain the logic behind Gann’s square of of 9 and how it works in a simple way, using a practical case study.
Imagine you have a daily task that requires 24 minutes of travel. Now, consider what key factor could influence how far you travel. Can you guess?
The first key factor, I would say, is TIME, and the second is ENERGY. How far you can go from point “A” depends entirely on how you use your TIME and ENERGY within the given timeframe. There is also a third factor, which we’ll discuss later.
About Time
This is an element that remains fixed and is known to everyone. If you are given 24 minutes, it means you’re only supposed to travel until that 24th minute. So, how far you can travel from your starting point “A” depends on the amount of time you have left, right? Simple as that.
About Energy
This is a complex factor that significantly impacts the distance you can achieve within the given 24 minutes. It’s complex because, while your total energy is fixed, it’s not precisely known. For example, if I assign the same 24-minute travel task to 10 people of the same age, each person’s performance will vary. However, the majority will likely achieve a similar result, with a few standing out as high performers and a few performing below average. This variation is normal and expected.
By focusing on the common results of the majority, we can reach a logical conclusion.
Logic behind Gann Square Of 9 working in Stock Market
To explain this more clearly, let me use both the TIME and ENERGY aspects in a real-life example. You’ll notice that the same dynamics occur in the stock market as well!
Situation 1:
Assume you are given a task to travel for 24 minutes daily, starting from any chosen point “A.” From this point, you consume your time and energy rationally, allowing you to travel 10 kilometers. Since you behaved rationally, you’re able to cover a good distance, and it’s reasonable to say that your normal capacity to travel in one direction is 10 kilometres within 24 minutes.
Situation 2:
The next day, you start from a different point “A.” Initially, you act aggressively and irrationally, trying to travel as fast as you can. As a result, you cover 10 kilometres in just 10 minutes. However, your normal capacity to travel 10 kilometres in 24 minutes is now completed in just 10 minutes. Guess how your body would react at the 10th minute or at the 10-kilometre point?
It’s natural to feel exhausted at that 10-minute mark, as you’ve used all your energy before the right time! At this point, you’ll either slow down or collapse. This is when the opponent’s influencing factors will attack, as they’ve been waiting for such irrational behaviour to take control and guide you in the direction they want.
Additionally, while you still have time left, you won’t have the energy to resist!
Both of these situations are directly related to the stock market. Let me now explain how they are connected, and if they are, which situation is tradable in intraday.
Examples Of Both Situations
First, Discussing Situation 1 (Non-tradable)
In this scenario, if a stock is moving in one direction at a 45-degree angle, it’s moving gradually and rationally. In such cases, operators typically don’t intervene, as the stock has time and energy to resist any opposition at every step. For the opponent to reverse such a move, they need a huge amount of liquidity and power to do so.
Now Discussing Situation 2 (Tradable)
In this case, if a stock reaches its normal capacity upside before the right time (say, before 2:30 pm), you will often see a strong rejection at that point. The reason is that the stock has exhausted its capacity too early (before 2:30 pm). As a result, it will either hover or fall under the influence of the opponent’s (bears’) attack.
Similarly, if a stock reaches its normal capacity downside before the right time, you will see a tradable reversal at that spot. In this case, the stock will suddenly rise from that point due to the influence of the opponent’s (bulls’) attack.
Important Note: Read the explanation below before using this Gann trading strategy.
Every stock has its own capacity to move in 45-degree increments. The normal and extreme capacities vary from stock to stock and index to index.
For Stocks (3 digits & less volatile):
In a normal case, it moves from 0 to 45 degrees; in rare cases, it may move from 0 to 90 degrees.
Thus, the difference between the day’s high price and low price typically remains within 45 degrees in the normal case or 90 degrees in rare cases.
You may consider taking a trade if it reaches 45 degrees before 14:30 or 90 degrees before 14:45.
For Indices (Nifty):
In the normal case, it moves from 0 to 180 degrees; in rare cases, it may move from 0 to 360 degrees.
You may consider taking a trade if it reaches 180 degrees before 14:30 or 360 degrees before 14:45.
You might not find this explanation in any Gann Theory book. To decode such things on your own, you truly need an understanding of natural laws.
Real Case Studies On Gann Square of 9
Here, we’ll look at some real examples of applying the Gann Square of 9 to certain stocks. These stocks have a normal capacity to move 45 degrees in one direction within a day, and a rare capacity to move 90 degrees.
Gann Square Of 9 Success Rate Example (8/11/24):
In the image below, on 8/11/24 at 2:00 pm, I shared that Axis Bank might face rejection at the marked 45-degree level (1168).
As a result, on 8/11/24, Axis Bank faced a significant rejection at the marked 45-degree level (1168), yielding good tradable points.
Explanation Of Above Successful Sase Of Gann Square Of 9:
As Axis Bank started moving upwards, I marked its low price as the 0-degree point to identify how far it could move based on its normal capacity and exceptional (rare) capacity.
In the case of Axis Bank, its normal capacity is 45 degrees, and its rare capacity is 90 degrees. According to the rule, if Axis Bank reaches the 45-degree level before 2:30 pm, we can expect a tradable reversal, which occurred in this case. Specifically, Axis Bank reached the 45-degree level (1168) before 2:30 pm, and we saw a tradable rejection at that point.
21/10/24: Opportunity of intraday trading in stocks as per Gann square of 9
(1) Marked the 0-degree point at 1214, as the stock started falling from there.
(2) Calculated the 45-degree level from the marked 0-degree (1214), which gave us 1197.
(3) A reversal or bounce was expected at the 45-degree level, provided the stock reached it before 2:30 pm.
(4) As a result, the stock reached the 45-degree level (1197) before 2:30 pm and experienced a good tradable bounce.
8/4/24: Sharing stock trading opportunity based on Gann square of 9
(1) About the image below: On 8/4/24 at 12:26 pm, I shared an opportunity to enter a sell-side trade. For more details, please check all three images and the explanation provided at the end of the third image.
(2) Just adding another reference of sharing a stock trading opportunity in Axis Bank on 8/4/24.
(3) Finally, the stock faced a tradable rejection at the 45-degree level, and by the end of the day, the range (High-Low price) remained within the 45 degree level.
Explanation of the about image:
On 8/4/24, Axis Bank initially started moving upwards. As a result, the low price became the 0-degree point, which helped us identify its normal capacity (45-degree) for upward movement.
From the chart, it can be seen that Axis Bank reached the 45-degree point before 2:30 pm, at 12:30 pm, providing an opportunity to enter a sell-side trade. As expected, the stock faced rejection right at 1079 (45-degree).
1/4/24: Trading in Stock using Gann Square Of 9
Before:
On 1/4/24 at 10:00 am, I tweeted about a trading opportunity in Axis Bank at 1064 (45-degree) and 1081 (90-degree). For more details, refer to the second image and its explanation.
After:
Explaining above image:
From the first 15-minute candle, the price started moving upwards. As a result, we took the low price of that candle as the 0-degree point and identified its 45-degree value (normal capacity), which was 1064. Additionally, we marked the 90-degree value (rare capacity) at 1081.
Since the price reached its normal capacity (1064) before 2:30 pm, we got an opportunity to take a short trade there. As expected, the stock showed a strong rejection from the 45-degree level (1064), providing good tradable points. There was a slight error of 0.25 paisa – instead of facing rejection at 1064, the price fell from 1063.75. This is a normal occurrence, and we usually trade with a 1-point buffer to account for such small discrepancies.
14/11 Gann Square Of 9 Case Study (normal case)
About the above image: From the first 15-minute candle, Axis Bank was moving upward. This made the low price (1131.60) of that candle the 0-degree point, marking the beginning of the uptrend.
Using the Gann 9 Square calculator, I identified the 45-degree level at 1148, as shown on the chart. According to the rule, in intraday trading, a sell trade could be taken at the 45-degree level (1148) since the stock reached its capacity before the ideal time (2:30 pm), specifically at 9:30 am (the second 15-minute candle).
As a result, we can see that the stock reversed from that 45-degree level (1148), providing a good number of tradable points (8 to 9 points)!
13/11 Gann Square of 9 case (normal case):
About above image: From the first 15-minute candle, Axis Bank was moving upward. This made the low price (1148) of that candle the 0-degree point, marking the beginning of the uptrend.
Using the Gann Square of 9, I identified the 45-degree level at 1165, as shown on the chart. According to the rule, in intraday trading, a sell trade could be taken at the 45-degree level (1165) since the stock reached its capacity before the ideal time (2:30 pm), specifically at 9:30 am (the second 15-minute candle).
As a result, we can see that the stock reversed from that 45-degree level, providing a good number of tradable points!
In this example, as shown on the chart:
- 0 degrees was 1148
- 45 degrees was 1165
12/11 normal case:
From the first 15-minute candle, Axis Bank was moving upward. This made the low price (1166) of that candle the 0-degree point, marking the beginning of the uptrend.
Using the Gann 9 Square calculator, I identified the 45-degree level at 1183, as shown on the chart. According to the rule, in intraday trading, a sell trade could be taken at the 45-degree level (1183) since the stock reached its capacity before the ideal time (2:30 pm), specifically at 9:30 am (the second 15-minute candle).
As a result, we can see that the stock reversed from that 45-degree level, providing a good number of tradable points!
In this example, as shown on the chart:
- 0 degrees was 1166
- 45 degrees was 1183
18/3/24: Stock Trading With Gann Square Of 9
From 1st 15 mins candle, Axis bank was moving upside. Due to this, Low price of that candle became 0 degree (beginning point of the up trend).
By using Gann Square Of 9, I got 45 degree value as mentioned in the chart.
As per rule, intraday sell trade could be taken at 45 degree value as stock achieved its capacity at 9:45 am (2nd 15 min price candle), means before right time (14:30).
In result, we can see stock reversed from that 45 degree value for almost good tradable points!
As disclosed in chart, here,
0 degree was 1043 and
45 degree was 1057.
15/3/24: Gann Square Of 9 Application On Stock Trading
From 1st 15 mins candle, Axis bank was moving downside. Due to this, high price of that candle became 0 degree (beginning point of the down trend).
By using Gann Square Of 9, I got 45 degree value as mentioned in the chart. As per rule, intraday buy trade could be taken at 45 degree value as stock achieves its capacity at 9:45 am (3rd 15 min price candle), means before right time (14:30).
In result, we can see stock reversed from that 45 degree value for almost good tradable points!
As disclosed in chart, here,
0 degree was 1050 and
45 degree was 1034.
12/3/24 Case of Gann Square Of 9 Application
Explanation Of Above Image:
From 1st 15 mins candle, Axis bank was moving upside. Due to this low price of that candle became 0 degree (beginning point of the upside trend).
By using Gann Square Of 9, I got 45 degree value as mentioned in the chart. As per rule, intraday sell trade could be taken at 45 degree value as stock achieves its capacity at 9:30 am, means before right time (14:30).
In result, we can see stock fell from that 45 degree value for almost good tradable points!
As disclosed in chart, here,
0 degree was 1100 and
45 degree was 1117.
11/3/24 Case of Gann Square Of 9 Application:
Here, trend moving upward after 1st 15 minutes price candle. So, low became 0 degree to analyse how much upside it can move as per its normal capacity. We saw that axis bank reached its normal capacity i.e. at 45 degree (1121) before 2:30 pm. Hence, a tradable opportunity availed there.
Note: Sell Trade was supposed to be done at 1121 but instead reversing from 1121 it reversed from 1120.
We always consider 1 point error as normal and place an order accordingly.
Post sell trade it has given successful tradable rejections.
20/10/23 Case Of Using Gann Square Of 9:
Explanation part of the selected concept of Gann which is applied on AXIS BANK Ltd On 20/10/23.
AXIS BANK LTD started moving DOWNWARD from marked 0 degree point. From here it COULD almost complete 45 degree (Gann Angle Value) distance before 14:30, and right at 12:45 PM made a Low of 977.75 & faced reversal !! So, instead of expected bounce @ 977 it reversed from 977.75, as shared earlier 1 point error is considered as normal & to trade within 1 point range is advisable. Finally in intraday it bounced for a good tradable points from 977 & made a high of 985.55 as shown in the Axis bank share price chart image.
Here, 0 Degree was 993 & 45 degree was 977. Conversion of Price to degree can be done by using Gann Abacus.
[As per Gann thesis & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here BUYING spot was 45 degree value i.e. 977.] Values of 0 & 45degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Gann Square Of 9 Application 28/6/23:
From 2nd 15 mins candle, Axis bank was moving upside. Due to this low of that candle became 0 degree (beginning point of the upside trend). By using Gann 9 Square calculator, I got 45 degree value as mentioned in the chart. As per rule, intraday sell trade could be taken at 45 degree value as stock achieves its capacity before right time (14:30). I result, we can see stock fell from that 45 degree value for almost good tradable points!
As disclosed in chart, here,
0 degree was 967,
45 degree was 983 and
Stock achieved its capacity @ 14:15.
Using Square Of 9 on Axisbank on 18/8/23
Explanation Of Above Image:
From 6th 15 mins candle, Axis bank was moving upside. Due to this low of that candle became 0 degree (beginning point of the upside trend). By using Gann 9 Square calculator, I got 45 degree value as mentioned in the chart. As per rule, intraday sell trade could be taken at 45 degree value as stock achieves its capacity at 10:30 am, means before right time (14:30). In result, we can see stock fell from that 45 degree value for almost good tradable points!
As disclosed in chart, here,
0 degree was 931 and
45 degree was 946.
Result: In the end difference between stock’s high price and low price remained within 45 degree.
Sharing a failure case of Gann Square Of 9 (10/7/23):
Explanation Of Above Image:
We can see that from 3rd 15 minutes candle Axis Bank Ltd Stock started moving downside and to identify how much downside it can move as per its normal capacity, I took beginning point of this downside swing as a 0 degree point (means HIGH price here). From this 986 degree point I could calculate 45 degree value (970) by using Gann Master Chart. Stock reached at its normal capacity distance i.e. 45 degree here @ 01:00 pm (before 2:30 pm). As it reached 45 degree before 2:30 pm, it was supposed to bounce from 45 degree value which did not happen in this case. In the end, in such cases, intraday trade had to be squared off in loss @ 965 Rs (opening price of 3:15 pm)
Here, 0 degree value is 986
45 degree value is 970.
Gann Square Of 9 Application Case 1:
Explanation Of Above Image:
We can see that from 1st 15 minutes candle Apollotyre Stock started moving upside and to identify how much upside it can move as per its normal capacity, I took beginning point of this upside trend as a 0 degree point (means low price here). From this 0 degree point I could calculate 45 degree value by using Gann Master Chart or by using Gann Calculator which are covered in my Gann Trading Course. As explained, Stock reached at its normal capacity distance i.e. 45 degree here @ 12 pm (before 2:30 pm) and attacked by an opponent. Due to this attack we witnessed sufficient tradable points rejection from 45 degree level.
Here, 0 degree value is 342.
45 degree value is 351.
Stock completed 45 degree distance (normal capacity) before 2:30 pm, got a chance to take a sell side trade at 351 Rs.
In result, stock faced rejection from 351 price level and fell downside for good tradable points.
Case 2:
Gann square of 9 case study 2
Explanation Of Above Image:
We can see that from 3rd 15 minutes candle ICICI Bank Ltd Stock started moving upside and to identify how much upside it can move as per its normal capacity, I took beginning point of this upside swing as a 0 degree point (means low price here).
From this 0 degree point I could calculate 45 degree value by using Gann Master Chart or by using Gann Calculator which are covered in my Gann Trading Course.
As explained, Stock reached at its normal capacity distance i.e. 45 degree here @ 11:15 am (before 2:30 pm) and attacked by an opponent. Due to this attack we witnessed sufficient tradable points rejection from 45 degree level.
Here, 0 degree value is 875.
45 degree value is 890.
As stock completed 45 degree distance (normal capacity) before 2:30 pm, got a chance to take a sell side trade at Rs. 890.
In result, stock faced rejection from 890 price level and fell downside for good tradable points.
Case 3:
Explanation Of Above Image:
We can see that from 2nd 15 minutes candle Axis Bank Ltd Stock started moving downside and to identify how much downside it can move as per its normal capacity, I took beginning point of this downside swing as a 0 degree point (means HIGH price here). From this 0 degree point I could calculate 45 degree value by using Gann Master Chart or by using Gann Calculator which are covered in my Gann Course. As explained, Stock reached at its normal capacity distance i.e. 45 degree here @ 01:00 pm (before 2:30 pm) and attacked by an opponent. Due to this attack we witnessed sufficient tradable points BOUNCE from 45 degree level.
Here, 0 degree value is 873.85.
45 degree value is 858.
As stock completed 45 degree distance in one direction ( normal capacity ) before 2:30 pm, got a chance to take a BUY side trade at 858 Rs.
In result, stock faced REVERSAL from 858 price level and fell UPSIDE for good tradable points.
Case 5:
Concept of Gann theory applied on AXIS BANK Ltd On 23/3/23.
AXIS BANK LTD started moving Upward from marked 0 degree point. From here it could complete 45 degree (Gann Angle Value) distance at 10:30 am (before 2:30 pm). We noticed good tradable rejection right from 45 degree i.e. 860!
Here, 0 Degree was 845 & 45 degree was 860. Conversion of Price to degree can be done by using Gann Calculator.
[As per Gann method & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here selling spot was 45 degree value i.e. 860.] Values of 0 & 45 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Note : AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained within 45 degree.
As per the standard study & observation have shared more than 50+ examples Of WD Gann Hypothesis which you may find here or on twitter handle.
If you can read between lines you will enjoy reading Gann theory book.
Case 6:
Concept of Gann theory applied on AXIS BANK Ltd On 03/10.
AXIS BANK LTD started moving Upward from marked 0 degree point. From here it could complete 45 degree (Gann Angle Value) distance so early in 1st 15 minutes only. We noticed good tradable rejection right from 45 degree i.e. 740!
Here, 0 Degree was 726 & 45 degree was 740. Conversion of Price to degree can be done by using Gann Calculator.
[As per Gann method & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here selling spot was 45 degree value i.e. 740.] Values of 0 & 45 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 7: Realise Gann Square Of 9 Success Rate
Concept Applied on Axis Bank Ltd on 29/9
Axis Bank moved downward from 0 degree (730), reaching 45 degree (717) before 2:30 pm, where a tradable reversal occurred. I prefer to trade when 45-degree is hit before 2:30 pm. Values are calculated using the Gann Calculator. The Gann Theory book offers more insights.
Case 8: Sharing how to identify Gann square of 9 support and resistance
Case 9: Using Gann Square of nine calculator
Explanation part of the selected concept of Gann which is applied on AXIS BANK Ltd On 16/9.
AXIS BANK LTD started moving upward from marked 0 degree point. From here it could almost complete 45 degree (Gann Angle Value) distance before 14:30, and right at 12:30 PM made a High of 790 & faced rejection! So, instead of expected rejection @ 790 it corrected from 789, as shared earlier 1 point error is considered as normal & to trade within 1 point range is advisable. Finally in intraday it fell for a good tradable points from 789 & made a low of 778 as shown in the Axis bank share price chart image.
Here, 0 Degree was 776 & 45 degree was 790. Conversion of Price to degree can be done by using Gann Abacus.
[As per Gann thesis & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 45 degree value i.e. 790.] Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 10:
Does Gann Square Of 9 Work Is Answered
Explanation part of the selected concept of Gann which is applied on AXIS BANK Ltd On 6/4/23.
AXIS BANK LTD started moving downward from marked 0 degree point. From here it could almost complete 45 degree (Gann Angle Value) distance before 14:30, and right at 14:15 PM made a Low of 849 & faced reversal! So, instead of expected reversal at 848 it bounced from 849, as shared earlier 1 point error is considered as normal & to trade within 1 point range is advisable. Finally in intraday it rises for very few points instead of good tradable points from 849 & made a top of 854. Since we trade for 7-8 points profit which we did not get on this day, trade had to be closed at 3:15 pm (last 15 min candle opening price) at just few points (5 points) profits.
Here, 0 Degree was 863 & 45 degree was 848. Conversion of Price to degree can be done by using Gann Abacus.
As per Gann thesis & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here BUYING spot was 45 degree value i.e. 849/848. Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Note : AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained within 45 degree.
Case 11:
Sharing How To Plot Gann Square Of 9 In Tradingview?
Update of 15/9 AXIS BANK Ltd : Once it Completed 45 degree downside, it stop right there. Though tradable points bounce was not noticed as we vouch for at-least 6 points gain in such trades at 45 degree Gann level.
AXIS BANK LTD started moving Downward from marked 0 degree point. From here it could complete 45 degree angle distance before 14:30. It took good support there !!
BUY side trade was activated at 792 Gann level & supposed to book profit at 798 level, instead 798 it made a high of 797.75 so id did not give a chance to exit at expected points & at the end trade was supposed to be closed at cost price at 15:15.
Here, 0 Degree was 806 & 45 degree indicator value was 792.
[As per Gann thesis & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here BUYING spot was 45 degree value i.e. 792.]
Case 12:
Know what are gann numbers
Explanation part concept which is applied on AXIS BANK Ltd On 14/09. Once Completed 45 degree, it gave good tradable points rejection at 45 degree Gann level i.e 808 as marked by yellow colour box on axis bank share price chart.
AXIS BANK LTD started moving UPWARD from marked 0 degree point. From here it could complete 45 degree angle distance before 14:30. Here it faced rejection of a good tradable points !!
SELL side trade was activated at 808 level & supposed to book profit at 800 level which did not come.
Here, 0 Degree was 794 & 45 degree indicator value was 808. Conversion of Price to degree can be done by using Gann Abacus.
[As per Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 45 degree value i.e. 808.] Values of 0 & 45 degree are displayed on price chart, those values can be found by using Gann Calculator.
Case 13:
What is gann level and its use is explained
Explanation part of the selected concept which is applied on AXIS BANK Ltd On 08/08. Once Completed 45 degree, it kept on hovering at 45 degree level whole day i.e. 742 as marked by yellow colour box on price chart.
AXIS BANK LTD started moving UPWARD from marked 0 degree point. From here it could complete 45 degree angle distance before 14:30. Here it faced rejection but it was not a rejection of a good tradable points !!
SELL side trade was activated at 742 & supposed to book profit at 735 level which did not come.
Finally in intraday position was to be closed in loss @ 744 @ 15:15.
Here, 0 Degree was 728 & 45 degree indicator value was 742. Conversion of Price to degree can be done by using Gann Abacus.
[As per Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 45 degree value i.e. 742.] Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 14: Learn How To Use Gann Square
Explanation part of the selected concept which is applied on AXIS BANK Ltd On 26/5.
AXIS BANK LTD started moving UPWARD from marked 0 degree point. From here it could complete 45 degree angle distance before 14:30 i.e. @ 13:30 as marked it on the chart. Here it faced rejection but it was not a rejection of a good tradable points !!
SELL side trade was executed at 681 & supposed to book profit at 674 level which did not come & it reversed from there.
Finally in intraday booked the position at 1 point loss @ 15:15.
Here, 0 Degree was 668 & 45 degree indicator value was 681. Conversion of Price to degree can be done by using Gann Abacus.
[As per Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 45 degree value i.e. 681.] Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 15:
Answering a question “How do you use Gann square in trading view?”
Explanation part of the selected concept applied on AXIS BANK Ltd On 25/5.
AXIS BANK LTD started moving DOWNWARD from marked 0 degree point. From here it COULD NOT complete 45 degree ( gann angle value ) distance before 14:30, but right at 12:45 PM made a low of 660.05 & reversed !! So, instead of expected 659 it bounced from 660, as shared earlier 1 point error is considered as normal & to trade within 1 point range is advisable. Finally in intraday it bounced for a good tradable from 660.05 & made a high of 667 as shown in the Axis bank share price chart image.
Here, 0 Degree was 672 & 45 degree was 659. Conversion of Price to degree can be done by using Gann Abacus.
As per Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here BUYING spot was 45 degree value i.e. 659.
Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 16:
Sharing how to identify gann square of 9 support and resistance of Axis bank
Explanation part of the selected concept which is applied on AXIS BANK Ltd On 24/5.
AXIS BANK LTD started moving upward from marked 0 degree point. From here it completed 45 degree distance within 1st 15 mins only, too early & faced rejection of good tradable points.
Here, 0 Degree was 668 & 45 degree was 681. Conversion of Price to degree can be done by using Gann Abacus.
As per William Delbert Gann Thesis, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Selling spot was 45 degree value i.e. 681. Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Calculator.
Case 17:
Realise gann square of 9 success rate
Explanation part of the selected concept which is applied on AXIS BANK Ltd On 23/5
AXIS BANK LTD started moving upward from marked 0 degree point. From here it completed 45 degree distance & faced rejection of good tradable points.
Here, 0 Degree was 668 & 45 degree was 681. Conversion of Price to degree can be done by using Gann Totaliser.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Selling spot was 45 degree value i.e. 681.
Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Abacus of Gann.
Case 18:
Know how to use gann sq9 indicator?
I have explained the selected concept of W.D. Gann applied to Axis Bank on 20/5
AXIS BANK LTD started moving upward from marked 0 degree point. From here it completed 45 degree distance but did not face any rejection. Thought it just stoped there & closed at 45 degree only.
Here, 0 Degree was 658 & 45 degree was 671. You can convert the price to degree by using the Gann calculator.
As Per Gann Model, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Selling spot was 45 degree value i.e. 671.
Values of 0,45 & 90 degree are visible on price chart with a small excel file, those values are identifiable by using Gann Abacus.
Case 19:
Does gann square of 9 work is answered
Explaining application part of the concept on AXIS BANK Ltd On 19/5
AXIS BANK LTD started moving upward from marked 0 degree point. From here it did complete 45 degree distance & had rejection of tradable points.
Here, 0 Degree was 641 & 45 degree was 654. Conversion of Price to degree is possible by using Gann Totaliser.
As Per William Delbert Gann Proposition, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Selling spot was 45 degree value i.e. 654.
Values of 0,45 & 90 degree are displayed on price chart with a small excel file, those values can be found by using Gann Abacus.
Case 20:
Sharing how to plot gann square of 9 in tradingview?
Explaining application part of the concept on AXIS BANK Ltd On 28/3/22
AXIS BANK LTD started moving downward from marked 0 degree point. From here it did complete 45 degree distance & had a really well bounce of good tradable points.
Here, 0 Degree was 728 & 45 degree was 715. Conversion of Price to degree is possible by using Gann Calculator.
As Per William Delbert Gann Logic, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here buying spot was 45 degree value i.e. 728.
CASE 20:
Know what are gann numbers?
Explaining application part of the concept on AXIS BANK Ltd on 29/3
AXIS BANK LTD was moving downward from 0 degree point. From here it did not completed 45 degree distance & did not get a trading opportunity.
Here, 0 Degree was 741.50 & 45 degree was 727. Conversion of Price to degree is possible by using Gann Totaliser.
As Per Gann Idea, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here buying spot was 45 degree value i.e. 727.
Downside | |
29/03/22 | |
Degree | AXIS BANK |
0 | 741 |
45 | 727 |
90 | 714 |
135 | 701 |
180 | 688 |
CASE 21:
I have explained the use of Gann levels and their significance.
Upside | |
30/03/22 | |
Degree | AXIS BANK |
0 | 741 |
45 | 755 |
90 | 768 |
135 | 782 |
180 | 796 |
30/3/22 Explanation of Applied Gann Methodology :
AXIS BANK LTD started moving Upward from marked 0 degree point. From here it completed 45 degree distance resisted & moved further upside. It tried touching 90 degree but could not even touch 90 degree value i.e. 768. Here Only 1 trading opportunity was visible i.e. @ 45 degree post 12 pm ( after failing in reaching 90 degree ). So, Even if participated @ 45 degree initially i.e. @ 755, finally after 12 pm noticed tradable rejection till 746.
Basically only 1 trade was possible @ 45 degree.
Here, 0 Degree was 741.30 & 45 degree was 755 & 90 degree was 768. With Gann Calculator conversion of price to degree is possible.
CASE 22:
Explaning what are the major gann levels?
Upside | Downside | |||
31/03/22 | 31/03/22 | |||
Degree | AXIS BANK | Degree | AXIS BANK | |
0 | 751 | 0 | 761 | |
45 | 765 | 45 | 747 | |
90 | 779 | 90 | 734 | |
135 | 793 | 135 | 720 | |
180 | 807 | 180 | 707 |
31/3/22 Explanation:
1) AXIS BANK LTD started moving Downside from marked 0 degree point. From here it did not complete 45 degree distance downside so did not get trading opportunity of buying it @ 45 degree.
Here, 0 Degree was 760.95 & 45 degree was 751. With Gann Totalizer conversion of price to degree is possible.
2) After the sharp recovery from 751.30, considered this level as a 0 degree to check what max upside distance it can cover. So after marking 751.30 as a 0 degree level could mark upside 45 degree level & this day Axis bank did not reach 45 degree value upside also, So we did not get trading opportunity of going short at 45 degree upside.
Here, 0 Degree was 751.30 & 45 degree was 765.
CASE 23:
Learn how to use Gann Square
Upside | |
01/04/22 | |
Degree | AXIS BANK |
0 | 755 |
45 | 769 |
90 | 783 |
135 | 797 |
180 | 811 |
1/4/22 Explanation:
AXIS BANK LTD started moving Upside from marked 0 degree point. From here it did complete 45 degree distance upside and good trading opportunity of selling it was @ 45 degree. Right @ 45 degree upside it had good tradable rejection!
Here, 0 Degree was 755.15 & 45 degree was 769. With Gann Abacus conversion of price to degree is possible.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was selling at 45 degree value upside i.e. @ 769. Using Calculator of Gann, values of 0,45 & 90 are findable.
CASE 24: Answering a question “How do you use Gann square in trading view?”
Upside | |
04/04/22 | |
Degree | AXIS BANK |
0 | 767 |
45 | 781 |
90 | 795 |
135 | 809 |
180 | 823 |
4/4/22 Explanation:
AXIS BANK LTD started moving Upside from marked 0 degree point. From here it did complete 45 degree distance upside and good trading opportunity of selling it was @ 45 degree. Right @ 45 degree upside it had good tradable rejection!
Here, 0 Degree was 767 & 45 degree was 781 With Calculator of Gann, conversion of price to degree is doable.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was selling at 45 degree value upside i.e. @ 781.
CASE 25: Does gann square of 9 work is answered
Upside | |
05/04/22 | |
Degree | AXIS BANK |
0 | 777 |
45 | 791 |
90 | 805 |
135 | 819 |
180 | 834 |
5/4 Explanation:
AXIS BANK LTD started moving Upside from marked 0 degree point. From here it did complete 45 degree distance upside and good trading opportunity of selling it was @ 45 degree. Right @ 45 degree upside it had good tradable rejection!
Here, 0 Degree was 777 & 45 degree was 791.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was selling at 45 degree value upside i.e. @ 791.
CASE 26: Know how to use gann sq9 indicator?
Downside | |
06/04/22 | |
Degree | AXIS BANK |
0 | 779 |
45 | 765 |
90 | 751 |
135 | 738 |
180 | 724 |
6/4 Explanation part of application of the concept on AXIS BANK Ltd:
AXIS BANK LTD started moving Downwards from marked 0 degree point. From here it did not complete 45 degree distance downside hence, no trading opportunity of selling it was @ 45 degree.
Here, 0 Degree was 779.95 & 45 degree was 766 With Gann Abacus conversion of price to degree is possible.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was to buy at 45 degree value downside i.e. @ 766. which did not happen.
CASE 27: Using Gann Square of nine calculator
Upside | |
05/04/22 | |
Degree | AXIS BANK |
0 | 777 |
45 | 791 |
90 | 805 |
135 | 819 |
180 | 834 |
5/4/22 Explanation part of application of the concept on AXIS BANK Ltd:
AXIS BANK LTD started moving Upside from marked 0 degree point. From here it did complete 45 degree distance upside and good trading opportunity of selling it was @ 45 degree. Right @ 45 degree upside faced good tradable rejection !
Here, 0 Degree was 777 & 45 degree was 791 With Gann Calculator conversion of price to degree is possible.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was selling at 45 degree value upside i.e. @ 791.
CASE 28: Realise gann square of 9 success rate
Upside | |
08/04/22 | |
Degree | AXIS BANK |
0 | 789 |
45 | 803 |
90 | 817 |
135 | 832 |
180 | 846 |
8/4/22 Explanation part of application of the concept on AXIS BANK Ltd:
AXIS BANK LTD started moving Upwards from marked 0 degree point. From here it did not complete 45 degree distance upside hence, no trading opportunity of selling it @ 45 degree was visible.
Here, 0 Degree was 789 & 45 degree was 803.
In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was to sell at 45 degree value downside i.e. @ 803. which did not happen.
CASE 29: Sharing how to identify gann square of 9 support and resistance
Explanation part of application of Gann Hypothesis on AXIS BANK Ltd on 11/4/22.
AXIS BANK LTD was moving Upwards from 0 degree point. From here it did not complete 45 degree distance upside hence, there was no trading opportunity of selling it @ 45 degree.
Here, 0 Degree was 786.05 & 45 degree was 800.13.
AXIS BANK LTD started moving Downside from 0 degree point. From here it did not complete 45 degree distance downside hence, no trading opportunity of buying it @ 45 degree was visible.
Here, 0 Degree was 794.25 & 45 degree was 780.
As Per Gann Approach, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was to sell at 45 degree value upside i.e. @ 800 which did not happen & to Buy at 45 degree distance downside i.e. 780 which did not happen too. You can find Gann values of 0,45 & 90 by using Gann Calculator.
Note
AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree.
CASE 30:
Sharing how to plot gann square of 9 in tradingview?
Explanation part of application of Gann Methodology on AXIS BANK Ltd on 12/4/22.
AXIS BANK LTD started moving Upwards from marked 0 degree point. From here it did complete 45 degree distance upside and had to have a tradable rejection (providing reference of a trading opportunity of selling it @ 45 degree)
Here, 0 Degree was 777.80 & 45 degree was 791.80. With Calculator of Gann conversion of price to degree is possible.
[As Per Gann Belief, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was to sell at 45 degree value upside i.e. @ 791.80.]
Note
AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree after reaching too close to 90 degree which remained untouched.
CASE 31:
Know what are gann numbers?
Explanation part of application of the Gann Concept on AXIS BANK Ltd on 13/4/22.
AXIS BANK LTD started moving Downwards from marked 0 degree point. From here it did complete 45 degree distance downside hence, trading opportunity of buying it was @ 45 degree was possible.
Here, 0 Degree was 805 & 45 degree was 791.
[As Per William Delbert Gann Conception, In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trading opportunity in opposite direction was to Buy at 45 degree value downside i.e. @ 791.]
Note
AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree.
CASE 32:
What is gann level and its use is explained
Explanation part: MGL Ltd started moving downward from marked 0 degree point. From here it completed 45 degree distance too early & bounced for tradable points.
Here, 0 Degree was 756 & 45 degree was 742.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here BUYING SPOT was 45 degree value i.e. 742.]
Movement of MGL Ltd : Normal case 0 to 45 degree & rare case 0 to 90 degree (You may take a trade if it reaches 45 before 14:30 or it reaches 90 degree before 14:45)
It’s very important to use Gann 9 Square calculator properly to get right result.
CASE 33: Explaining what are the major Gann Levels?
Explanation: Nifty 50 started moving Upward from marked 0 degree point. From here it could not complete 180 degree distance, So there was no trading opportunity today in Nifty future as per this concept.
Here, 0 Degree was 16438 & 180 degree was 16695.
[In Normal Case I prefer to trade when it reaches 180 degree before 14:30 or it reaches 360 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 180 degree value i.e. 16695.]
Nifty 50’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 180 degree.
CASE 34: Learn how to use Gann Square
Concept of Gann theory applied on AXIS BANK Ltd On 23/3/23.
AXIS BANK LTD started moving Upward from marked 0 degree point. From here it could complete 45 degree (Gann Angle Value) distance at 10:30 am (before 2:30 pm). We noticed good tradable rejection right from 45 degree i.e. 860!
Here, 0 Degree was 845 & 45 degree was 860.
[As per Gann method & Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here SELLING spot was 45 degree value i.e. 860.]
Note : AXIS BANK’S range of the day i.e. High Price & Low Price, as per the Normal Case, remained within 45 degree.
As per the standard study & observation have shared more than 50+ examples Of WD Gann Hypothesis which you may find here or on twitter handle.
If you can read between lines you will enjoy reading Gann theory book.
Case 35: Answering a question “How do you use Gann square in trading view?”
Downside | |
28/03/22 | |
Degree | MGL Ltd |
0 | 766 |
45 | 752 |
90 | 739 |
135 | 725 |
180 | 712 |
225 | 698 |
270 | 685 |
315 | 672 |
360 | 659 |
HP | 766 |
LP | 738 |
Explanation part on how to use WD Gann Theory concept on MGL Ltd:
MGL Ltd started moving downward from marked 0 degree point. From here it completed 90 degree distance bounced really well for good tradable points.
Here, 0 Degree was 766 & 90 degree was 739.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here buying spot was 90 degree value i.e. 739.]
Case 36:
Shaing how to identify gann square of 9 support and resistance
WIPRO Ltd : Rare Case
Downside | |
28/03/22 | |
Degree | WIPRO |
0 | 609 |
45 | 597 |
90 | 585 |
135 | 573 |
180 | 561 |
225 | 549 |
270 | 537 |
315 | 526 |
360 | 514 |
HP | 609 |
LP | 597 |
Explanation part of WD Gann Theory usage on Wipro Ltd:
Wipro Ltd was moving downward from marked 0 degree point. From here it completed 45 degree distance bounced really well for good tradable points.
Here, 0 Degree was 609.05 & 45 degree was 597.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here buying spot was 45 degree value i.e. 597.]
Wipro Ltd’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree in both directional move.
Case 37: Realise Gann Square Of 9 Success Rate
LUPIN Ltd : Rare Case
Upside | |
28/03/22 | |
Degree | LUPIN |
0 | 753 |
45 | 766 |
90 | 780 |
135 | 794 |
180 | 808 |
225 | 823 |
270 | 837 |
315 | 852 |
360 | 866 |
LP | 748 |
HP | 766 |
Lupin Ltd started moving Upward from marked 0 degree point. From here it completed 45 degree distance & rejected really well for good tradable points.
Here, 0 Degree was 752.55 & 45 degree was 766.
[A trade in opposite direction, e.g. here Selling spot was 45 degree value i.e. 766.]
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CASE 38: Know how to use gann sq9 indicator?
Mahindra & Mahindra : Normal Case
Downside | |
28/03/22 | |
Degree | Mahindra |
0 | 767 |
45 | 753 |
90 | 739 |
135 | 726 |
180 | 712 |
225 | 699 |
270 | 686 |
315 | 673 |
360 | 660 |
HP | 772 |
LP | 751 |
Explanation part of application of wd gann theory on Mahindra & Mahindra Ltd:
Mahindra & Mahindra Ltd started moving Upward from marked 0 degree point. From here it completed 45 degree distance & bounced really well for good tradable points.
Here, 0 Degree was 766.85 & 45 degree was 753.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Buying spot was 45 degree value i.e. 753.]
Mahindra & Mahindra Ltd’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree.
CASE 39: Does gann square of 9 work is answered
Mcdowell Ltd : Normal Case
Downside | |
28/03/22 | |
Degree | Mcdowell |
0 | 891 |
45 | 876 |
90 | 861 |
135 | 847 |
180 | 832 |
225 | 818 |
270 | 804 |
315 | 790 |
360 | 776 |
HP | 891 |
LP | 868 |
Explanation part of application of this concept on Mcdowells (United Spirits) Ltd:
Mcdowells (United Spiritis) Ltd started moving Upward from marked 0 degree point. From here it completed 45 degree distance & bounced really well for good tradable points.
Here, 0 Degree was 891 & 45 degree was 876.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Buying spot was 45 degree value i.e. 876.]
Note as per the standard study, observation & shared more than 50+ examples (you may find some examples of this from blogs & twitter handle, incase if you struggle message here will try sharing the link of a relevant thread)
Mcdowells (United Spirits) Ltd’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 90 degree.
CASE 40: Sharing How To Use Gann 9 Square Calculator?
Downside | |
28/03/22 | |
Degree | Axis Bank |
0 | 728 |
45 | 715 |
90 | 701 |
135 | 688 |
180 | 675 |
225 | 662 |
270 | 649 |
315 | 637 |
360 | 624 |
HP | 728 |
LP | 715 |
Explanation part of WD Gann Theory Concept application on Axis Bank Ltd:
Axis Bank Ltd started moving Upward from marked 0 degree point. From here it completed 45 degree distance & bounced really well for good tradable points.
Here, 0 Degree was 728.60 & 45 degree was 715.
[In Normal Case I prefer to trade when it reaches 45 degree before 14:30 or it reaches 90 degree before 14:45. A trade in opposite direction, e.g. here Buying spot was 45 degree value i.e. 715.]
Axis Bank Ltd’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 45 degree.
CASE 41: Know How Gann 9 square calculator can help?
Downside | |
28/03/22 | |
Degree | JUBILANT PHARMA |
0 | 433 |
45 | 423 |
90 | 412 |
135 | 402 |
180 | 392 |
225 | 383 |
270 | 373 |
315 | 363 |
360 | 354 |
HP | 433 |
LP | 408 |
Jubilant Pharma Ltd 28/3:
This stock began moving upward from the marked 0-degree point. It completed a 90-degree distance, bouncing well and offering good tradable points.
In this case, 0 degree was 433 and 90 degree was 412.
In the usual scenario, I prefer to trade when the tock reaches the 45-degree level before 2:30 pm or the 90-degree level before 2:45 pm. Here, the buying opportunity was at the 90-degree level (412).
Jubilant Pharma Ltd’d high and low price range for the day, in a rare instance remained within 90-degree level.
CASE 42: Explanation Of Gann Level And Their Applications
Downside | |
28/03/22 | |
Degree | BERGER PAINT |
0 | 691 |
45 | 678 |
90 | 665 |
135 | 652 |
180 | 639 |
225 | 627 |
270 | 614 |
315 | 602 |
360 | 590 |
HP | 691 |
LP | 672 |
Berger Paints Ltd 28/3:
Berger Paints Ltd started moving upward from the marked 0-degree point, reaching the 45-degree level and then bouncing, yielding good tradable points. In this case, 0 degrees was set at 691.85, and 45 degrees at 678.
In general, I prefer to trade when it reaches 45 degrees before 2:30 pm or 90 degrees before 2:45 pm. Here, the buying point was at the 45-degree level, i.e., 678.
For this day, Berger Paints Ltd’s high and low prices remained within the 45-degree range, fitting the rare case scenario.
CASE 43: Explaining what are the major gann levels?
Downside | |
28/03/22 | |
Degree | Dabur |
0 | 524 |
45 | 513 |
90 | 501 |
135 | 490 |
180 | 479 |
225 | 468 |
270 | 458 |
315 | 447 |
360 | 436 |
HP | 524 |
LP | 512 |
Explanation of WD Gann Theory Application on Dabur Ltd:
Dabur Ltd began moving upward from the marked 0-degree point. It reached the 45-degree level and then bounced, providing good tradable points. In this example, 0 degree was set at 524.15, and 45 degree at 513.
Generally, I prefer to trade when it reaches 45 degrees before 2:30 pm or 90 degrees before 2:45 pm. In this case, the buying opportunity was at the 45-degree level, i.e., 513.
For the day, Dabur Ltd’s high and low price remained within the 45-degree range, fitting the normal case.
Frequently Asked Questions On Gann Square Of 9
Q: Does this concept work in Intraday?
A : Yes, you can use it only for intraday. You can not use identified levels for next trading day. This is because, we remain unaware of that next day where it will open and which will be its 0 degree. So, we need to mark 0 degree when new day trading session begins and when you get a right beginning point ( “A” point ) of the trend and not a beginning point of the day.
Q: Is this tool sufficient for intraday trading and can be dependent only on this tool?
A: No! We can figure out that when and where this tool can fail. With the help of Law Of Vibration it is possible. However, with this tool you would be in a position to at-least analyse how far the trend can reach in intraday in one direction so that you don’t take a wrong trade in opposite trend in middle of the trend.
Q: What if some one wish to only take positional trades and not intraday, then how this tool adds value?
A: For positional traders, yes it is useful but there is a total different approach of this tool.
Q: Is it easy to practice for a beginner who does not know about WD Gann Theory?
A: Yes, it is possible. There will be less noise on your trading view chart when a trader practices this concept.
Q: What is the frequency of getting an intraday opportunity with Gann 9 Square Calculator tool?
A: In a month, I would say if you stick to 1-2 stocks you may get 8-9 trading opportunities out of 22 trading sessions.
Q: What is the accuracy or winning ratio of this tool?
A: When solely relying on this tool for practice, I would confidently assert that it functions correctly over 60% or even 70% of the time. Reference article click this link Gann Theory Accuracy.
Click Below Links To Know More:
Gann Theory For Intraday Trading
Check Gann 9 Square Calculator
Welcome !! It can be a direction solution it is known which is your 0 degree point & LoV spot.
Niraj M Suratwala, is a profound financial astrologer who aces in Gann theory. If one wants to go for quality Investing in stocks must follow him. His theory leads to upscaling your quality Investing
Thank you !!!
Hello Sir,
Hope you’ re doing good!!
I want to ask one thing Sir. How to identify for the particular stock whether 45 degrees is normal case or 90 degrees as normal case.
For example: Sometimes JSW Steel or Jindal Steel stops at 45 degrees and sometimes it stops at 90 degrees.
So please guide that how to identify normal case for any particular stock.
Hello Sir,
Hope you’re doing good!!
I have one query Sir. How to identify for any stock what is normal case or what is rare case.
For example: In JSW Steel, sometimes it bounce back from 45 degree and some days it bounce back from 90 degrees. So how to identify whether 45 degrees is normal case or 90 degrees is normal case.
Thanks!!
Hi Harpreet. All is well here thank you.
Process of calculation normal & rare capacity is covered in the course.
I am doing good. Thanks.. & Sorry for delayed response.
What you have asked is not explainable here easily. The process is covered in the course.