This idea shares a historical intraday case study demonstrating how the Gann Square of 9 (Normal Case) can be used to observe price reactions at geometric levels.
On 28 March 2022, Berger Paints Ltd displayed a structured intraday decline followed by a precise reaction from a calculated Gann degree level.
📐 Gann Degree Reference
0° Level: ₹691.85
45° Level: ₹678
⏱️ Price & Time Behavior
After opening below the 0° reference, price moved lower and reached the 45° level before 2:30 PM.
At this 45° zone, the market showed a clear stabilization and reversal, respecting the classical Gann “Normal Case” time–price relationship.
For the remainder of the session:
Price remained contained within the 45° range
Intraday volatility stayed balanced
No extension toward the 90° level occurred
🧠 Key Observation
This session highlights how:
45° levels can act as primary reaction zones
Time validation increases the reliability of price levels
Range-bound days can still offer structured intraday behavior
📌 Conclusion
The Gann Square of 9 provides a disciplined framework to analyze intraday market structure, helping traders focus on measurable price–time relationships rather than subjective interpretation.
Disclaimer:
This idea is shared strictly for educational and analytical purposes only. It does not constitute investment or trading advice.
On 28 March 2022, Berger Paints Ltd displayed a structured intraday decline followed by a precise reaction from a calculated Gann degree level.
📐 Gann Degree Reference
0° Level: ₹691.85
45° Level: ₹678
⏱️ Price & Time Behavior
After opening below the 0° reference, price moved lower and reached the 45° level before 2:30 PM.
At this 45° zone, the market showed a clear stabilization and reversal, respecting the classical Gann “Normal Case” time–price relationship.
For the remainder of the session:
Price remained contained within the 45° range
Intraday volatility stayed balanced
No extension toward the 90° level occurred
🧠 Key Observation
This session highlights how:
45° levels can act as primary reaction zones
Time validation increases the reliability of price levels
Range-bound days can still offer structured intraday behavior
📌 Conclusion
The Gann Square of 9 provides a disciplined framework to analyze intraday market structure, helping traders focus on measurable price–time relationships rather than subjective interpretation.
Disclaimer:
This idea is shared strictly for educational and analytical purposes only. It does not constitute investment or trading advice.
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Disclaimer
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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.