Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

GANN Charts for Sensex – Overview

33 sec read


 

I think no much explainations needed to Descibe this. Just the GANN FAN lines are drawn between
major and much important Highs and Lows. And the lines indicate Resistance and Support Levels
 
In GANN Chart 1 – Lines are drawn between Oct 2001  Bear Market Low to JAN 2008 Bull Market High
In GANN Chart 2 – Lines are drawn between JAN 2008 Bull Market High to Mar 2009 Bear Market Low
In GANN Chart 3 – Lines are drawn between Mar 2009  Bear Market Low to AUG 2009 Major High
 
In All the Charts GANN Fan Lines forming the Major and Perfect Support and Resistance Zone… Which could be
even seen visibly.. and it doesnt needs harder explainations.
 
For Example From GANN Chart 3 we could see that 16450 is acting as a strong resistance as of now
which is nothing but the entire retracement of Jan 2008 Bull Market high to March 2009 Bear Market low.
as shown in Chart 2 also.
 
 
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

GANN Daily Nifty Charts

Posting Gann Charts after a very long time.Chart shown that Gann supports near 5640-5660 zone
Rajandran R
4 sec read

Nifty hourly trading for 17 August 2010

Chart shows that Nifty hourly mode @ GANN Supports zone 5417-5410. Breakdown below the support zone will target the next support zone 5200
Rajandran R
5 sec read

Nifty hourly trading for 12th Aug 2010

Hourly sell signal in nifty continues with cloud resistance 5462. GANN Supports/Targets are at 5370-5375 zone and 5180-5200 zone.
Rajandran R
4 sec read

0 Replies to “GANN Charts for Sensex – Overview”

  1. Dear rajthanks for the gann update it has been extremely useful. As per the second gann chart sensex has gone above 16450 and is staying above it for the third consiquetive day and it indicates strength. And as per the second chart it appers that the next resistance as pre gann chart is around 20000 only. as per all the three charts it appears that the next gann resistance is only at 20000. am i correct pls comment.M.Sri Mahidar

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