Longer term GANN Charts shows that how the market had reacted near 4800 zone and raised sharply from that zone. Also have a look at the charts how gann charts are acting as a good support in the rising uptrend.
Related Readings
Long Term Supports Tested – 27 Nov 2009
Related Readings and Observations
Nifty and Bank Nifty 90 min charts for 24 May 2012 Trading Nifty and Bank Nifty is in sell mode on the 90 min charts with resistance coming around 4899 and 9340 respectively. Higher open interest seen in 4700PE strike price.- Icimoku Cloud breakout in Dollar Index There is a sudden cloud breakout in the dollar index weekly charts above 78 as shown in the charts. Which indicates longer term uptrend in Dollar.
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- Nifty and Bank Nifty 90 min chart for 27 May 2011 trading Nifty and Bank nifty still in sell mode but very close to the ichimoku cloud resistance zone 5430 and 10500 respectively. Reverse your positions to longs if resistance breaks on the upper side.
Hi, What is the right way of drawing Gann Charts in amibroker. What should be the parametres. Should we join Highs and Lows till now (4550 (low) and 5191 (high) till now or should we change the join the lows like 4550 and 4800. I am just thinking right way of following Gann Charts. Some good details are expected from you even some study material.Ankush Vashisht