vanathi

Gann Angles

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NSE:RELIANCE   RELIANCE INDS
The basic elements in Gann analysis are price, pattern and time. Gann used variuos tools in his analysis to find the movement of market. One of the important tool he used is Gann angles. The interesting factor about Gann angle is the past, present and future exist at the same time. Sounds dramatic, right? The explanation is simple. Past movement of the price, combined with the pattern decides the time of the movement in present and future.
So to apply Gann study, one needs to study the movement of price, time and pattern. Gann angle is the simplest but most effective tool. It can be used to find the stregth of the trend and its direction.

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