CAPITALCOM:DE40 touched GANN support 13,880 and 13,860. If these supports hold, we are looking at buying the index cfd towards 14,000+ levels from here. Watch the video for complete GANN analysis of the CAPITALCOM:DE40 index CFD. Good Luck with your trades! Luck Favors the Prepared Mind.
CAPITALCOM:DE40 Falling Wedge Pattern (Weekly) The index is testing resistance of the falling wedge once again for 5 weeks in a row. Weekly candle close above 400 will indicate a breakout from the downward trend with a target of 16,200 if the breakout sustains. Good Luck!
CAPITALCOM:DE40 trading below support 14110 and testing 14060 support at the moment. Support Levels: 14110, 14060, 14040, and 14,000 Resistance Levels: 14,110, 14,133, 14,140, 14,150, and 14,160 Seems like a sideways market today! Possible Options Strategies: 1) Iron Condor 2) Iron Butterfly 3) Short Strangle 4) Short Straddle Good Luck!
Nifty has taken support around 17 080 right here at S1 okay and it's going kind of sideways so let's quickly have define our support and resistance levels using GANN angles I'm taking the first Target for resistance at the price just above the high above the present price which was previously support around 17440 which is we call that r1 our first support is just...
CAPITALCOM:DE40 backtested support around 14960 and rebounded to close above 14080 resistance yesterday. This signals a short term bottom formation with today's range being 14080 to 14230. CAPITALCOM:DE40 made a high above 14180 resistance and rejected to backtest the 14080 support so far today. We can expect DE40 to continue to rally above the R1 14330 next...
After rejection from resistance at 17,660 Nifty broke below the support of 17,585 and currently trading just above support of 17,500. Watch the video for full details of Nifty's trading levels derived from Gann Analysis. S1 500 S2 485 R1 585 R2 660 Good Luck!