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The mysterious trader
That which has been is what will be, that which is done is what will be done, and there is nothing new, under the sun.
William Delbert Gann is perhaps the most mysterious of all the famous traders in history. Known for using geometry, astrology and ancient mathematics to predict events in the financial markets and historical events. He believed everything occurring in markets has historical reference points. Essentially, everything has happened before and will eventually repeat itself. He studied ancient geometry and astrology to investigate how market events and specific numbers repeated across various time cycles.
Gann is capable of predicting PRICE & TIME even before the tops and bottoms are formed
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Short term trend in crude is up but will change once it closes below 50. No change in major trend .
Nifty is trading near very crucial zone and any close below 10550 will be a worrying sign for the bulls.
Nymex crude came down from 56 to 51 in just one week . All are Gann levels and told well in advance.
Good rally was witnessed in Crude from Gann support level near 51.3.Short term trend is up but will change once it closes below 50
Gann resistance was @ 10990 and nifty made a high of 10987, before correcting below 10800.
27150 was a Gann support level and Bank nifty bounced exactly from this level.Trend remains buy on dips till it closes below 26900