Weekly Market Research Report 21-09-19 (Gann Square 9)

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Gann Square of 9 : New Dimension to identify advance Support and resistance levels based on Gann.

It basically calculate levels based on degrees (0 to 360 degree angles) likes 45°, 90°, 180°…. 360° which is actually divided into eight parts of a square.


  1. Recommended  Multiple 1 for Intraday levels and greater than 1 can use in other time frame. Settings for Gann Square of 9 > Tool settings > Gann Levels
  2. Multiple 1 = 0.125 (which is 45° or 45°/360°)
  3. Multiple 2 = 0.25 (which is 90° or 90°/360°)
  4. Multiple 3 = 0.375 (which is 135° or 135°/360°)
  5. Multiple 4 = 0.50 (which is 180° or 180°/360°)
  6. Multiple 5 = 0.625 (which is 225° or 225°/360°)
  7. Multiple 7 = 0.875 (which is 315° or 315°/360°)
  8. Multiple 8 = 1 (which is 360° or 360°/360°)

Gann Levels for NSE NIFTY.

Looks Good Above : 11381.

Can be:11502, 11631, 11766, 11902, 12039, 12176.

Looks Weak Below: 11368.

Can be:11241, 11109, 10978, 10847, 10717


“W” Pattern In AMARAJABAT(weekly chart).


Looks good.

Can be: 689 and 798.

Looks weak below: 645.


Falling Wedge Pattern in IRB (weekly chart)


Looks good.

Can be: 102, 115 & 128.

Looks weak below: 76.

Used Retracement to draw levels.

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