Axis Bank | Gann Square of 9 Intraday Case Study | 6 Apr 2023Axis Bank LimitedNSE_DLY:AXISBANKWD_Gann_TheoryThis idea presents a historical intraday case study on Axis Bank, analysed using the WD Gann Square of 9 to observe price behavior near degree-based levels. On 6 April 2023, Axis Bank began the session with downward momentum, and the day’s high at ₹863 was considered the 0-degree (0°) reference point. Using Square of 9 calculations, the next important level was: 45° → ₹848 According to Gann’s price–degree relationship, when price approaches the 45° level within a small tolerance, it often acts as a temporary support or reversal zone. By around 2:15 PM, Axis Bank reached ₹849, which was within 1 point of the calculated 45° level (₹848). This aligned with the commonly observed tolerance range in Gann-based studies. From this area, price showed a modest upward reaction, moving toward the ₹854 zone before the session ended. This example highlights how mathematical price mapping using Square of 9 can help traders identify logical intraday reaction zones, even when the move is limited in size. 📌 Key Square of 9 Levels 0° → ₹863 45° → ₹848 📘 Educational Observations Square of 9 defines measured price capacity Small tolerance near degree levels is common Not every reaction becomes a large trend Structure and consistency matter more than outcome size Disclaimer: This idea is shared strictly for educational and chart-study purposes only. It is not trading advice.