Nifty closed decisively below 5 EMA(Low) Weekly. Which indicates weekly sell signal as per 5EMA(High-Low) Principle. And from the shorter term GANN Charts next range of support zone comes near 4620 levels where very shorter term players can concentrate on longs with minor stop loss near this range.
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Renu says
October 30, 2009 at 3:42 pmhi,could u plz tell how do u decide starting n ending pont for yor gann fan.ThanksRenu
Rajandran Rajarathinam says
October 31, 2009 at 4:39 pmJust Simply take the major low and high or a major resistance and Support points