Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Nifty Shorter term and long term GANN Overview

38 sec read

Shorter Term GANN Charts
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Shorter term GANN Shows resistance near 5040-5050 region. And when looking into the long term GANN Charts I’ve had drawn the charts with two possibilities. The first chart is by drawing from the lows of march 2009 to the major supports which shows that the long term supports are near 4800. And the second long term charts are drawn between march 2009 lows to dec 2009 high’s which indicates long term resistance near 5050(check on the below charts- just kissing the resistance line increases w.r.t time) and the long term GANN Supports for the second possibilites lies near 4260 zone. But both the charts indicate a target zone of 4260-4300 if nifty breaks 4800 on EOD basis.

Long Term GANN1

Long Term GANN1(1st Possibilites)  Chart shows possibilites of new high’s above 5050 on EOD basis and Supports at 4800

Long Term GANN2

Long Term GANN(2nd Possibilites) Chart showing Support near 4260 and resistance near 5050

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. 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 “Nifty Shorter term and long term GANN Overview”

  1. EXCELLENT WORK. I M TOO THE FOLLOWER OF THE CHART FIRST LIKE U. CAN U DELIVER ME THE GOOD TIPS OF A GROUP AS WELL AS B GROUP TO MY ABOVE EMAIL ADDRESS ? ONCE AGAIN I APPRECIATE YOUR WORK ON BEHALF OF THE INVESTING COMMUNITY.

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