Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Next GANN Supports around 5180

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Nifty GANN Resistance near at 5180

However NMA had already delivered the sell signal in nifty. Also it had been observed that still 5200PE has the huge Open Interest among the strike prices.
So 5180 could be the next hope for the uptrend to sustain. Failure could be a bad turnaround for the bulls as the next gann support level next to 5180 lies
near 4500 zone

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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One Reply to “Next GANN Supports around 5180”

  1. Sir,

    There is gap in Last May/June.Nifty has to come to 4000-4500 zone before raise and it may be in this May or June.Any body with gnan time method give some clues

    Thanks

    Bala

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