Sunday, August 10, 2008

Gann’s 360 degree analysis & Carnatic music scales.

William Delbert Gann, usually referred to as W.D. Gann, attained legendary status as a market operator, and pioneer of market psychology and technical analysis on Wall Street between 1900 and 1956. W.D. Gann used geometric angles that are based on the geometry of the circle. 360 degrees. Look at the Gann chart posted on 4h August. Going through the dates in chronological order you will be circling the central point on 16th July, 2008, and moving through angles 45 degrees, 90 degrees, 135 degrees, 180 degrees etc. Starting from 17th and moving through 18th, 19th,….and reaching 24th July, you have completed 360 degrees. Moving further from 25th you are making the next circle. For getting the full Gann’s Square of Nine please go to http://www.xmlworks.com/gann/ , click on the link “create Gann square”, fill the start number with “ 1”, start date with “ 7/16/8”, levels with “9” and click “ create square”. Gann stated that the Square of Nine is unique because unlike every other method of technical analysis, the Square of Nine is totally indifferent to whether the input variable is a price, a range of prices, or a number of trading days or calendar days. They are all the same and completely interchangeable.

Here, Nandi finds a wonderful correlation between Gann’s angle values and the scales of Carnatic music. Six of the Gann’s second circle values are same as that of carnatic music scale values. Figures are given below

GANN 360 DEGREE ANALYSIS

CARNATIC MUSIC SCALES


Second Circle

Value

Frequncy

Frequncy ÷ 256

Frequncy X 15.5

1 + 0°

1

1.00000

Shadjam

256

1.000

3968

1 + 30°

1 1/12

1.08333

Sudha Rishabham

273

1.066

4232

1 + 45°

1 1/8

1.12500

Chathusruti Rishabham

288

1.125

4464

1 + 60°

1 1/6

1.16667

Gandharam

307

1.199

4759

1 + 90°

1 1/4

1.25000

Anthara Gandharam

320

1.250

4960

1 + 120°

1 1/3

1.33333

Shudha Madhyamam

341

1.332

5286

1 + 135°

1 3/8

1.37500

1 + 150°

1 5/12

1.41667

Prati Madhyamam

364

1.422

5642

1 + 180°

1 1/2

1.50000

Panchamam

384

1.500

5952

1 + 210°

1 7/12

1.58333

1 + 225°

1 5/8

1.62500

Sudha Daivatham

410

1.602

6355

1 + 240°

1 2/3

1.66667

Chath: Daivatham

432

1.688

6696

1 + 270°

1 3/4

1.75000

1 + 300°

1 5/6

1.83333

Kaisiki Nishadham

461

1.801

7146

1 + 315°

1 7/8

1.87500

Kakali Nishadham

480

1.875

7440

1 + 330°

1 11/12

1.91667

1 + 360°

2

2.00000

Shadjam

512

2.000

7936

Even though in between there are differences, there is no difficulty in finding the exact angles corresponding to the values of carnatic music. As Gann’s predictions are proven in the market beyond doubt, Nandi feels that there won’t be any doubt regarding the applicability of carnatic music also in the market movements. Further, W. D. Gann claimed: "After years of patient study I have proven to my entire satisfaction, as well as demonstrated to others, that vibration explains every possible phase and condition of the market." It is a fact that for every vibration there would be frequencies associated with it and the music thrives on the frequencies of sound. All the Nifty points in carnatic music scales Nandi had given can be arrived at by multiplying the frequencies with 15 ½ ie. starting from 15th Circle 180 degrees as per Gann’s theory.

Last week Nifty just touched the boundary of Gandharam (4614) and returned. Nandi feels that this week Nifty may move to Gandharam (4762) or even Anthara Gandharam level (4961)

1 comment:

nagain said...

Great post!

Can you please explain "15 ½ ie. starting from 15th Circle 180 degrees as per Gann’s theory"

Thanks

nagain