🔥 GANN RULES🔥

Rule :1

If the high price of the entire week is achieved on Friday, 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.

 

Rule 3

In a highly uptrending market weekly low’s 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.

 

Rule 5

When the price crosses the high of the last four weeks, it’s an advance indication of more higher prices.

 

Rule 6

When the price breached the low of the last four weeks, it’s an advance indication of more lower prices.

 

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).

 

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.

 

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).

 

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.

 

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.

 

Rule 13

If a price is rising for 9 consecutive day’s at a stretch, then there is highly probability for a correction for 5 consecutive days. (Ratio is 9:5)

 

Rule 14

Don’t ignore a double bottom & triple bottom signal on a monthly chart, after a minimum gap of 6 months. ( advance indication for mid term investment)

 

Rule 15

Don’t ignore a double top & triple top signal on a monthly chart, after a minimum gap of 6 months.  (Not the right place for investment / entry, price may fall)

 

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