Price Time Square (WD Gann Concept) worked well on Nifty 50.
Nifty50, As Per Price Time Square :
Nifty can reach 17787 till 13/4/22 if HP of 31/3/22 17559 is crossed. SL could be LP of 31/3/22 i.e. 17435 on closing basis.
( It has to hold LP of 31/3/22 i.e. 17435. )
As Per LoV :
2 Reversal levels : 17187 & 17072. ( Short Time Frame )
Disclaimer : Reserved the right to be wrong.
Bought Nifty50 when it was crossing 17435 with 17430 SL. Exited @ 17490. Now shall enter again @ 17448 with 17425 SL ( closing basis 5 mins candle ).
SPOT Always.
Nifty50 : in its next move reversed from 17460 & was waiting for 17448 ( 12 points error ). expecting 2nd rejection @ 17516, if it happens than shall revise my buying spot.
Nifty50 as per WD gann circle :
If Day’s low 17422 is remained untouched than its possible High of the day as per Normal Case can be 17687 ( 180 degree ) &
as per Rare case 17954 ( 360 degree )
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 )
Nifty’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 180 degree in both directional move.
[ Movement of Nifty / Indices : Normal case 0 to 180 degree, rare case 0 to 360 degree ( Trade can be taken only if 180 or 360 degree distance is covered before 14:30 ),
Stocks (3 digits / less volatile ) : Normal 0 to 45 degree, rare case 0 to 90 degree ( Trade can be taken only if 45 or 90 degree distance is covered before 14:30 ). ]
| Upside | |
| 01/04/22 | |
| Degree | NIFTY |
| 0 | 17422 |
| 45 | 17488 |
| 90 | 17554 |
| 135 | 17621 |
| 180 | 17687 |
| 225 | 17754 |
| 270 | 17820 |
| 315 | 17887 |
| 360 | 17954 |
| LP | 17422 |
| HP | ? |
Nifty50 ( Normal Case ) : Application of Wd Gann Circle
Explanation part of the selected concept of WD Gann Theory which is applied on Nifty50 :
Nifty50 started moving upward from marked 0 degree point. From here it reached 180 degree distance i.e. 17687 & just closed there !!
Here, 0 Degree was 17422 & 180 degree was 16687.
[ 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 could have bought if it could have touched 180 degree value i.e. 17687 before 14:30 . ]
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 )
Nifty’s range of the day i.e. High Price & Low Price, as per the Normal Case, remained with 180 degree distance.
Movement of Nifty / Indices : Normal case 0 to 180 degree, rare case 0 to 360 degree ( Trade can be taken only if 180 or 360 degree distance is covered before 14:30 ),
Stocks (3 digits / less volatile ) : Normal 0 to 45 degree, rare case 0 to 90 degree ( Trade can be taken only if 45 or 90 degree distance is covered before 14:30 ).
Nifty50 Outlook as per Wd Gann Theory ( Gann Circle )
— Niraj M Suratwala (@NirajMSuratwala) April 1, 2022
updated on the blog.. ( click & scroll down for Gann Circle updates )https://t.co/0uBo4UEJjj#Nifty50 #wdgan #gann
Sir
If Nifty crosses 90⁰ only till 2.30 pm, then what is the probability or trade strategy
if in different direction it moves within 90 degree twice than I consider it as it has wasted energy & 180 degree distance remains unachievable on both side.