Comments on: Nifty Long Term GANN Chart update

By: Rajandran Rajarathinam

Rajandran Rajarathinam — Fri, 05 Feb 2010 19:34:11 +0000

@Sriganesh Sir,Yeah thanks for bringing me the attention to the post.Also look these dates06 Dec,2009 – 270 Degree – Downtrend Started 21 Jan 2010 – 285 Degree – Uptrend Started05 Jan 2010 – 300 Degree – Downtrend Started21 Jan 2010 – 315 Degree – Downtrend-strong trend confirmation05 Feb 2010 – 330 Degree – ??????

By: Rajandran Rajarathinam

Rajandran Rajarathinam — Fri, 05 Feb 2010 18:39:31 +0000

@Subbu Only a breakout above the weekly cloud resistance cofirms the bull market trend. i.e above 4800

By: sriganeshh

sriganeshh — Fri, 05 Feb 2010 13:54:29 +0000

dear rajandran,want to draw ur attention to ur gann emblem post.see that again. Feb 05 is midpoint and western astrology considers this as midheaven & i believe effective to delineate results.also if you see the emblem dates which are nothing but sun sign dates..tks n bestsri

By: subbu84

subbu84 — Fri, 05 Feb 2010 13:42:01 +0000

thanks for clarifying raj..but is it enough if nifty closes for 1 week..or more confirmation is required..

By: Rajandran Rajarathinam

Rajandran Rajarathinam — Fri, 05 Feb 2010 12:26:41 +0000

@Subbu….But this time there is Icimoku Weekly cloud supports got breaken down world wide. It is a highly probable long term trend reversalSo I think buying near the long term supports is not a good option though it is the ideal trading condition

By: subbu84

subbu84 — Fri, 05 Feb 2010 12:05:48 +0000

Excellent raj…one clarification reqd…if the long term support of 4680 is held we can still go higher right?..that means we can test the dark blue line(5180) again..i know it increases with time….