NIFTY BANKNIFTY MIDCAP SENSEX FINNIFTY LEVELS)

this indicator uses Gann's methods which are based on the idea that markets move in predictable geometric patterns and are influenced by time and price.

Key Concepts of Gann Levels:
Gann Angles:

Gann believed that specific angles could indicate the trend of a market. The most notable is the 45-degree angle, which he called the "1x1" or "45-degree line."
Angles are drawn from a significant price point, such as a high or low, and represent the speed or slope of the price movement.
Gann Square of 9:

A mathematical tool that calculates support and resistance levels based on the square root of numbers and their geometric relationships.
It aligns numbers in a spiral format, starting from a central point, and helps identify key price levels at certain degrees.
Gann Fan:

A series of lines drawn at specific angles from a significant high or low. Common angles include 1x1 (45°), 2x1 (26.25°), and 1x2 (63.75°).
These angles help traders identify potential areas where the trend might accelerate, decelerate, or reverse.
Gann Retracements:

Levels based on key price ratios derived from natural laws and geometric principles. Common Gann retracement levels include 12.5%, 25%, 50%, and 75%.
Time Analysis:

Gann emphasized the importance of time cycles. He believed markets move in time-based patterns, such as yearly cycles, seasonal cycles, or specific time intervals.