Long Term GANN Fan Charts – Nifty Daily
Long Term GANN FAN Charts shows support in the zone near 4650-4700
And the Shorter term Falling GANN Charts from the recent chart shows
that nifty today closed exactly near the shorter term support zone.
Possibly if nifty moves below 4825 on intraday basis will lead to the long term
GANN Support zone. However respecting the shorter term supports 4825 zone
could target the next shorter term resistance zone near 4950 again.
Overall:
Shorter Term Support 4825
Shorter Term Resistance : 4950
Long Term Support : 4650-4700
Related Readings
The Original Path of Nifty is not yet reversed – 30 Jan 2010
Next GANN Support zone for Nifty – 21 Jan 2010
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