Still the tussle with the GANN FAN lines are not yet over. Bears trying to close below the bearish side of the trend line
Check out the GANN FAN Charts for Nifty and the Zoomed GANN Charts. Nifty today also closed below the bearish side
of the trend line.
Note :GANN Resistance/Supports increases with respect to time if the rising GANN FAN Charts are drawn.
Related Readings and Observations
Relinfra Futures : Bearish Outlook Relinfra future closed the week @ 686.80 the high made for the week 707.75, Relinfra has made bearish close for the week, the last two weekly bars are bearish bar.- Brokers Recommendations HDIL Target Price: Rs 2,076 ICICI Securities has initiated coverage on the Mumbai-based real estate player, HDIL, with a 'strong' buy. The recommendation is based on the company's 'immense […]
- Get Free Access to Online Webinar on Introduction to Market Profile You know that Market Profile is one of the best tool to organize market generated information and help in spotting intraday and positional trading oppurtunities. At Marketcalls we use […]
- Rotation Factor – Amibroker AFL Code Rotation Factor is a sentimental indicator used in Market Profile to Indicate who is control (Buyers/Sellers) in the market for the day. If the rotational factor prints positive values […]
- Understand the Basic Difference Between Liquidity and Volume Liquidity and Volume are the two different concepts widely misunderstood by the traders community. High Volume typically represents higher number of executed orders or high trading […]
- Nifty and Bank Nifty 90 min charts for 20 Jan 2012 Trading Nifty and Bank Nifty is in buy mode since 3rd jan 2012. The Option Series begin with writing 4500PE contracts and later shifted to 4700PE Jan series and today crossed the psychological […]
WHAT IS MEANING / FULLFORM OF TRIN & GANN