Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Shorter Term Nifty GANN Update

15 sec read


[wp_ad_camp_5]

 

Chart shows 1 minute chart of nifty since the recovery from the Nov 3,2009 lows. Drawing the GANN FANN lines

we could find that 5050 could act as a shorter term trend support. Failure to hold 5050 will induce shorter term weakness in Nifty chart and could target 4940 and 4820 zones.

Overall Nifty Bulls requires sustainability above 5050. Failure will move the market towards the possible 4940 and 4820 shorter term Support zone

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Nifty and BankNifty 90 min charts update for 16th…

Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode...
Rajandran R
10 sec read

Nifty and BankNifty 90 min charts update for 15th…

Nifty turns to buy mode with cloud supports coming near to 5460-5470 zone. And Bank Nifty still in sell mode with resistance near 10900....
Rajandran R
8 sec read

Nifty Week End Review

Nifty week end review on daily and 90 min timeframe and Nifty Option Details
Rajandran R
32 sec read

5 Replies to “Shorter Term Nifty GANN Update”

  1. GM Sir,How are you, thanks for sharing and helping us, Sir one request, I use meta stock and which is the formula to get buy and sell signals like you get in the charts, can you plz share with us the formula and how to input it into the software to get signals not intra in real time but after market hours, just like you inputted in Reliance charts…..Plz share with us sirThanks

  2. Rajandran,if we move the base to recent low of 4538, how the picture will be …is it possible for you to redraw the scenario to get some clues…thankssri

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More