Some useful #gann rules
Rule :1
If the high price of the entire week is achieved on Frida dcy, expect higher prices next week.
Rule 2
If the low price of the entire week is achieved on Friday, expect much lower price next week.
1/10
#Nifty #Nifty50 #NiftyFuture
Rule :1
If the high price of the entire week is achieved on Frida dcy, expect higher prices next week.
Rule 2
If the low price of the entire week is achieved on Friday, expect much lower price next week.
1/10
#Nifty #Nifty50 #NiftyFuture
Rule 3
In a highly uptrending market weekly lowโs is achieved on Tuesday
Rule 4
If market is in strong down trend (if main trend is down), the weekly highs are generally achieved on Wednesday.
2/10
In a highly uptrending market weekly lowโs is achieved on Tuesday
Rule 4
If market is in strong down trend (if main trend is down), the weekly highs are generally achieved on Wednesday.
2/10
Rule 5
When the price crosses the high of the last four weeks, itโs an advance indication of more higher prices.
Rule 6
When the price breached the low of the last four weeks, itโs an advance indication of more lower prices.
3/10
When the price crosses the high of the last four weeks, itโs an advance indication of more higher prices.
Rule 6
When the price breached the low of the last four weeks, itโs an advance indication of more lower prices.
3/10
Rule 7
In an up trending market if the prices breaks the 30 DMA & remain below it at last for 2 consecutive days, it tells us of a much more great correction (vice-versa).
4/10
In an up trending market if the prices breaks the 30 DMA & remain below it at last for 2 consecutive days, it tells us of a much more great correction (vice-versa).
4/10
Rule 8
If the market rises for 5 consecutive days, there is a high probability that correction will be last for 3 days. (Ratio is 5:3).
Rule 9
When the price starts rising from a particular level, Rs.100 or 100% rise whichever is earlier becomes a strong resistance.
5/10
If the market rises for 5 consecutive days, there is a high probability that correction will be last for 3 days. (Ratio is 5:3).
Rule 9
When the price starts rising from a particular level, Rs.100 or 100% rise whichever is earlier becomes a strong resistance.
5/10
Rule 10
When price crosses the high of the last 3 days it tells us about much more higher prices on the 4th day. (Traders can buy it on the 4th day and place a SL order Rs. 3 below the last 3 days high) (vice-versa).
6/10
When price crosses the high of the last 3 days it tells us about much more higher prices on the 4th day. (Traders can buy it on the 4th day and place a SL order Rs. 3 below the last 3 days high) (vice-versa).
6/10
Rule 11
If subsequent correction is greater than the previous correction both in terms of price & time magnitude, this is an advance indication that trend is changing.
7/10
If subsequent correction is greater than the previous correction both in terms of price & time magnitude, this is an advance indication that trend is changing.
7/10
Rule 12
50% of the last highest selling Price is the strong support area. Any stock which is trading below this 50% level is not the useful for investment.
8/10
50% of the last highest selling Price is the strong support area. Any stock which is trading below this 50% level is not the useful for investment.
8/10
Rule 13
If a price is rising for 9 consecutive dayโs at a stretch, then there is highly probability for a correction for 5 consecutive days. (Ratio is 9:5)
Rule 14
Donโt ignore a double bottom & triple bottom signal on a monthly chart, after a minimum gap of 6 months.
9/10
If a price is rising for 9 consecutive dayโs at a stretch, then there is highly probability for a correction for 5 consecutive days. (Ratio is 9:5)
Rule 14
Donโt ignore a double bottom & triple bottom signal on a monthly chart, after a minimum gap of 6 months.
9/10
Rule 15
Donโt ignore a double top & triple top signal on a monthly chart, after a minimum gap of 6 months.
10/10
Donโt ignore a double top & triple top signal on a monthly chart, after a minimum gap of 6 months.
10/10
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