Gann Date combination for Nifty from 7511 bottom on 24.march 2020

 Gann Dates falling  from the bottom 7511 on 24/3/2020

Nifty:10288 weekly 2nd July 2020

11th June weekly series ready for expiry

Nifty:10116
Expected range: 100050 to 10250

4th June weekly series ready for expiry

Ready for Expiry near 10150

Expiry was weak  -30 points 

04-Jun-2020

10054.25

10123.85

9944.25

10029.10

21 May weekly series ready for expiry

Nifty:9066
20 May 2020

edited values: Nifty expired in a small range of 122 points with a gain + 40

21-May-2020

9079.45

9178.55

9056.10

9106.25

Nifty:8870
19May 2020

Nifty:9137

if trading below Nifty may find sub 9000 level 8950

Nifty weekly option chart

How to Use Volatility ratios to find target

Helo Friends,
How to Use Volatility ratios to find target.
Find Volatility by Standard divination of 10 days Closing price
Eg: Nifty take 11 days closing price and prepare a table in excel

1) 11201.75

2) 10989.45    =LN(1/2)           =(LN1/2)^2

3) 9955.2        =LN(2/3)           ----Do

4) 8745.45      =LN(3/4)           ----Do

5) 8660.25      =LN(4/5)           ----Do

6) 8083.8        =LN(5/6)           ----Do

7) 9111.9        =LN(6/7)            ----Do

8) 9266.75     =LN(7/8)            ----Do

9) 9154.4       =LN(8/9)             ----Do

10) 9859.9     =LN(9/10)          ----Do

11) 9251.5     =LN(10/11)         =(LN10/11)^2

12)                =AVERAGE(2 -11)=AVERAGE(2 -11)

13)                =(avrg og LN -  avrg of LN^2) To find variance 

14)                =SQRT( variance)          finally you get the volatility

Once you find the volatility, multiply this with nifty last closing price you will get base value.
Now use the smart ratios .0146 ,0.236, 0.5, 0.618, 1, 1.27, 1.618 etc to find possible targets.
Close price + (base x smart ratio) will be our target.
Be smart to use appropriate ratios based on market conditions.
currently am using the lowest 4 ratios as the market in trading range bound

This is the result we are getting for the day  and week ending 15/05/2020

Nifty: 9143
14May 2020

21-May-2020

9079.45

9178.55

9056.10

9106.25

Nifty:9383.55
Ready for Expiry.

Expiry

14-May-2020

9213.95

9281.10

9119.75

9142.75

-241 

OIChart 20200512

Nifty :9196 OIChart