Have you been looking for the Best Stock Market Training Institute in India that can teach you A-Z about the stock market, including Gann Trading Course India, etc. and covering many other crucial courses? If yes, then you can count on Prime Technical.
Essential Gann Techniques Taught in Gann Trading Course India Offered by Prime Technical
Gann techniques are the tools used for technical analysis. As per the Gann techniques experts, there are certain rules given that hold true regardless of the time.Here are the most effective Gann techniques taught at the best Gann Trading Course India:
When a market is positively trending in the week, then the one day when the market will experience an all-time weekly low will be on ‘Tuesday.
In the week, if a higher price is achieved on Friday, then as a trader, you could be sure that the coming next week will experience higher prices. On the other hand, in a week, if a low price is achieved on Friday, then as a trader, you could be sure that in the coming next week will experience lower prices.
As per the Swing Trading India course, If the price ends up crossing the high of the last three days of the week, at least by 3 rupees, this implies, it is a buy signal on the very fourth day. Then the stop loss is to be placed below 3 rupees on the three days of high. On the other hand, if the last three days’ low price gets broken by 3 rupees, it is a sell signal on the fourth day. This means you can sell the stock on the fourth day and maintain a stock loss of 3 rupees above the low you experienced on the last three days.
Claimed by the Best Stock Market Training Institute in India, the last 50% of the highest rate is considered one of the most potent places to buy. The accumulation of the 50% zone mandatorily must be surrounded by either the stop loss of 5 rupees or at 1% of the entire stock value.
If the subsequent correction is higher than the previous corrections in terms of both time and price, this is a sign of ‘Trend Reversal.
If a stock previously held crosses by 5 rupees on the closing, it will not retrace 5 rupees below the value of the previous stock based on its closing on weekly or monthly charts.
If the primary trend is all up, then the correction will not last for more than four weeks. On the other hand, if the primary trend is down, then the retracement rally will last for more than four weeks.
If the stock price has been on a constant rise for the last five weeks consecutively, then there are high chances that the correction will easily last for at least three days with any time frame, with a ratio of 5:3. If a market is on a constant high for a consecutive nine days, then there are high chances that the correction will last for at least five days with any time frame with a ratio of 9:5.
As per the Swing Trading India course, once the price has reached the consolidation phase, the stock suddenly experiences a spike in the volume; this is an early sign of the trend change.
Whenever there is an increase in the stock price by 100% or Rs 100, whichever happens early, it becomes a strong resistant.
Prime Technical is the Best Stock Market Training Institute in India when it comes to offering in-depth Gann Trading Course India.
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