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
Nifty Long Term – 2
Nifty Long Term -1
Nifty Medium term – 2
Nifty Medium term -1
Nifty Shorter Window -1
Nifty Shorter Window
Nifty Long Term -FAN Shifted
Nifty Long term – FAN Shifted
Test