What is Gann Square of Nine?

W.D. Gann was an American trader (1878–1955) who developed mathematical tools for predicting stock prices. His Square of Nine is a spiral grid where each ring represents a 360° rotation around a central value. The key insight is that the square root of price is connected to price movement.

The Formula

Root = √(Opening Price)
Resistance R1 = (Root + 0.25)² → 90°
Resistance R2 = (Root + 0.50)² → 180° (Key Level)
Support S1 = (Root − 0.25)² → 90°
Support S2 = (Root − 0.50)² → 180° (Key Level)

How to Trade

• Price opens → goes UP: Watch R1, R2 as targets. Book partial at R1, rest at R2.
• Price opens → goes DOWN: S1, S2 are key supports.
• R2 and S2 (180°) are MOST IMPORTANT levels — price often reverses here.
• R4 and S4 (360°) = extreme resistance/support zones.

What are Pivot Points?

Pivot Points are mathematical support and resistance levels calculated using the previous trading day's High, Low, and Close. They are one of the most popular tools for intraday traders in India.

Standard Pivot Formula

PP = (High + Low + Close) / 3
R1 = 2×PP − Low  |  S1 = 2×PP − High
R2 = PP + (H−L)  |  S2 = PP − (H−L)

How to Use for NSE Intraday

• Opening above PP: Bullish — look for long trades targeting R1, R2.
• Opening below PP: Bearish — look for short trades targeting S1, S2.
• PP acts as magnet — price often returns to PP during the day.

Why Bank Nifty?

Bank Nifty is the most liquid and volatile index in India. Daily movement of 300–800 points is normal. On high-volatility days it can move 1000–2000 points.

The Combined Strategy — Step by Step

Before 9:00 AM: Calculate yesterday's Pivot Points (PP, R1, R2, S1, S2).
At 9:15 AM open: Enter Bank Nifty opening price in Gann S9 Calculator.
Find Confluence: Look for levels where Gann and Pivot are within 50–100 points. These are very strong zones.

Risk Management

• Never risk more than 1-2% of capital on one trade
• Set stop loss before entering — use Position Calc on Tools page
• Book 50% profit at R1, let rest run to R2
• Exit any open trade by 2:30 PM

NSE Expiry Schedule

• Bank Nifty: Every Wednesday weekly
• Nifty 50: Last Thursday of every month
• Fin Nifty, Midcap Nifty: Last Thursday monthly

Why Expiry Day is Different

• Options decay fastest — theta erodes rapidly
• Volatility increases — price swings are wider
• Max Pain effect — markets move toward strike where sellers lose least

Key Lot Sizes

Nifty 50 = 25 units | Bank Nifty = 15 units | Fin Nifty = 40 units