Earlier I had drawn the Long term GANN FAN Falling line from the Jan 2008 high to march 2009 low. Now to find the long term resistance iam going to shift the low postion from march 2009 to the most powerful support during July 2009. The Shifted GANN Fan line is shown above for the Nifty daily charts from the above charts we could able to find that 5440 zone is acting as a next level of long term resistance zone
Chart shown below is the old chart of Long term GANN Chart drawn rom the Jan 2008 high to march 2009 low
Also have a look into the GANN Support and Resistance line chart observation for Nifty ranging from shorter to broader time window
GANN Gallery
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- Nifty Long Term – 2
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- Nifty Long Term -1
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- Nifty Medium term – 2
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- Nifty Medium term -1
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- Nifty Shorter Window -1
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- Nifty Shorter Window
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- Nifty Long Term -FAN Shifted
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- Nifty Long term – FAN Shifted
Related Readings and Observations
Nifty hourly trading for 20 August 2010 Hourly charts of nifty remains the buy signal with cloud supports near 5427 zone.Daily charts of nifty remains the buy signal since 10th June 2010. i.e the recent buy signal right from […]
Nifty maintains the hourly sell signal for 19 August 2010 Nifty maintains the hourly sell signal with resistance place at 5435 zone. And also spot nifty is holding the GANN Support zone 5410-5415 zone. As of now nifty nears the make or break kind […]
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
Nifty hourly trading for 13 Aug 2010 Nifty hourly resistance still near 5466 zone and continuing the sell mode. Also in yesterdays action it nears the first GANN Support zone 5375-5370 region. As the GANN Supports are in […]
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.
Nifty hourly trading and Trin Charts Nifty hourly trading shows the continuation of the buy mode with hourly supports near 5456. Also the rising trin charts shows that recently there are more declining stocks than the […]
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