JUBILANT PHARMOVA | Gann Square of 9 – 90° Reaction | 28 Mar2022Jubilant Pharmova LimitedNSE_DLY:JUBLPHARMAWD_Gann_TheoryThis 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.