This post presents a historical intraday case study illustrating how the Gann Square of 9 (Normal Case) can be used to study price reactions through geometric levels.
On 28 March 2022, Jubilant Pharmova Ltd showed a structured intraday move where price respected predefined Gann degree levels derived from the Square of 9.
📐 Gann Degree Reference
0° Level: ₹433
45° Level: ₹423
90° Level: ₹412
⏱️ Price & Time Behavior
After the initial decline from the 0° reference, price continued lower and completed the 90° distance before 2:45 PM.
At the 90° level near ₹412, the market displayed a clear reaction, temporarily stabilizing and bouncing from this mathematically derived zone.
In classical Gann intraday studies:
45° and 90° levels act as balance points
Time plays a critical role in validating reactions
Moves often remain contained within calculated degree ranges
🧠 Key Observation
This session demonstrated how:
Price respects predefined geometric boundaries
Intraday volatility becomes structured when viewed through angles
Reactions occur due to price–time alignment, not randomness
📌 Conclusion
The Gann Square of 9 offers a rule-based framework to observe intraday market behavior with clarity and discipline, allowing traders to focus on reaction zones rather than prediction.
Disclaimer:
This idea is shared strictly for educational and analytical purposes only. It does not constitute investment or trading advice.
On 28 March 2022, Jubilant Pharmova Ltd showed a structured intraday move where price respected predefined Gann degree levels derived from the Square of 9.
📐 Gann Degree Reference
0° Level: ₹433
45° Level: ₹423
90° Level: ₹412
⏱️ Price & Time Behavior
After the initial decline from the 0° reference, price continued lower and completed the 90° distance before 2:45 PM.
At the 90° level near ₹412, the market displayed a clear reaction, temporarily stabilizing and bouncing from this mathematically derived zone.
In classical Gann intraday studies:
45° and 90° levels act as balance points
Time plays a critical role in validating reactions
Moves often remain contained within calculated degree ranges
🧠 Key Observation
This session demonstrated how:
Price respects predefined geometric boundaries
Intraday volatility becomes structured when viewed through angles
Reactions occur due to price–time alignment, not randomness
📌 Conclusion
The Gann Square of 9 offers a rule-based framework to observe intraday market behavior with clarity and discipline, allowing traders to focus on reaction zones rather than prediction.
Disclaimer:
This idea is shared strictly for educational and analytical purposes only. It does not constitute investment or trading advice.
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.
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.