Now once again GANN nears the support zone at 4998 and the next level of support zone at 4850 and 4700.
So What could be the ideal trade?
The Ideal trade is to hold the shorts if nifty dips below 4998 at opening.
If Nifty fails to dip below 4998 at opening then Ideal trade is to close your shorts and re-enter once if 4980 is broken
on intraday basis
Minor Shifting in Shorter term GANN Charts – 19 Nov 2009