HOW TO TRADE GANN LEVELS
Gann trading strategy involves using technical analysis and mathematical calculations to predict future price movements in the stock market. Weekly Nifty stock trade setups with chart analysis involve looking at the Nifty index and identifying potential trading opportunities based on price patterns and support and resistance levels.
To use this strategy, traders should first analyze the weekly chart of the Nifty index to identify key levels of support and resistance. They should then look for individual stocks within the index that are trading near these levels and have formed bullish or bearish price patterns.
For example, if the Nifty index is trading near a key support level and a stock within the index has formed a bullish reversal pattern, it may be a good buy opportunity. Conversely, if the Nifty index is trading near a key resistance level and a stock within the index has formed a bearish reversal pattern, it may be a good sell opportunity.
Traders should also consider using stop-loss orders to limit their risk in case the trade does not go as planned. Overall, Gann trading strategy can be a useful tool for identifying potential trade setups in the Nifty index and individual stocks.
Trend Deciding Level:2222
Weekly Resistance: 2247,2271,2295,2319,2344
Weekly Support: 2198,2174,2150,2125,2100
Trend Deciding Level:2572
Weekly Resistance: 26598,2624,2649,2666
Weekly Support: 2546,2521,2495,2469,2444
Trend Deciding Level: 1420
Trend Deciding Level: 837
Weekly Resistance: 844,850,858,866,872
Weekly Support: 830,822,814,808,800
Trend Deciding Level: 1565
Trend Deciding Level: 3172
Weekly Support: 3144,3123,3100,3085
Trend Deciding Level: 532
Trend Deciding Level: 1684
Weekly Resistance: 1704,1724,1744,1765
Weekly Support: 1663,1643,1610,1585,1555
Trend Deciding Level: 374
Weekly Resistance: 377,380,383,386,389
Weekly Support: 371,368,365,362,359
Trend Deciding Level: 2442
Weekly Resistance: 2446,2485,2511,2536,2562,2588
Weekly Support: 2417,2393,2366,2333
All prices relate to the NSE Spot/Cash Market
Keep Max SL of 1% Fron Entry