From the Nifty 15min charts you could see that GANN Support line holds followed by a strong recovery.
If 4940 level holds then start Shorting 4900 and 5000 PE's. Nifty is expected to be bearish only if closes below
4940
Related Readings and Observations
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Shorter term GANN Fan Charts Chart shows the shorter term GANN Fan charts of Nifty nearing the shorter term resistance line near 4800. Failure to breakout above
4800 is bearish for shorter term trades
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