Disclaimer:
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Symbol: AXISBANK (NSE)
Date Observed: 14 September 2022
Time Frame: 15-Minute Chart
Concept Studied: Gann Square of 9 (Gann Numbers / Price–Degree Relationship)
This idea presents a historical intraday observation of Axis Bank using the Gann Square of 9 framework to understand how calculated price–degree levels may influence short-term market behavior.
📊 Reference Point and Calculated Gann Numbers
⏱️ Intraday Price Behavior As the session progressed:
📘 Educational Insights: Understanding Gann Numbers
This example highlights how Gann-based price geometry can be used as a framework for studying intraday price structure objectively.
#AxisBank #GannSquareOf9 #WDGann #IntradayObservation #PriceTimeAnalysis #TechnicalEducation #MarketStructure
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Symbol: AXISBANK (NSE)
Date Observed: 14 September 2022
Time Frame: 15-Minute Chart
Concept Studied: Gann Square of 9 (Gann Numbers / Price–Degree Relationship)
This idea presents a historical intraday observation of Axis Bank using the Gann Square of 9 framework to understand how calculated price–degree levels may influence short-term market behavior.
📊 Reference Point and Calculated Gann Numbers
- During this session, Axis Bank initiated an upward move from a level near 794, which was treated as the 0-degree reference point.
- Using the Square of 9 price-to-degree conversion, the following level was observed:
- 0 Degree: ~794
- 45 Degree: ~808
- These calculated values are often referred to as “Gann numbers” and represent structured price zones derived from mathematical relationships.
⏱️ Intraday Price Behavior As the session progressed:
- Price advanced steadily from the reference level
- The 45-degree zone (~808) was reached before the late-session time window
- Near this level, the market showed temporary pressure and hesitation
- Upward momentum slowed, and price fluctuated within a limited range afterward
- Such reactions near calculated degree levels are commonly observed in intraday structure studies and may indicate areas where supply-demand balance temporarily shifts.
📘 Educational Insights: Understanding Gann Numbers
- Gann numbers are derived using mathematical price–degree conversion
- These levels can act as potential reaction zones, not guaranteed reversal points
- Market response at these levels may vary in strength
- Time of arrival at a level can influence the type of reaction observed
- Structured observation is more important than predicting exact outcomes
This example highlights how Gann-based price geometry can be used as a framework for studying intraday price structure objectively.
#AxisBank #GannSquareOf9 #WDGann #IntradayObservation #PriceTimeAnalysis #TechnicalEducation #MarketStructure
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.