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)

Tracking Shorter term GANN Charts

19 sec read


[wp_ad_camp_5]

 

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
 
Related Readings
 
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 and BankNifty 90 min charts update for 16th…

Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode...
Rajandran R
10 sec read

Nifty and BankNifty 90 min charts update for 15th…

Nifty turns to buy mode with cloud supports coming near to 5460-5470 zone. And Bank Nifty still in sell mode with resistance near 10900....
Rajandran R
8 sec read

Nifty Week End Review

Nifty week end review on daily and 90 min timeframe and Nifty Option Details
Rajandran R
32 sec read

6 Replies to “Tracking Shorter term GANN Charts”

  1. Dear Rajandran,if we consider gann's 45 degree angles, 8 times makes one life circle..extending and applying the same to nifty, the high point may be completion of one circle and feel nifty is in downward movement…can you check upto what lowest level it can go..some figures for your thinking..5182/8 = 647.75 5182-647.75 = 4534.25 4538/8 = 567.25 + 4538 = 5105.25 this can be second highand third high where it can be ….your guess is as good as minethanks and regardssri

  2. thanx by visiting this site i realise that i have learnt nothing till days as i seen some practical implimentation of gann.
    but also i dont have the reqired software also for this gann theory.althogh i downloaded ganalist pro but can customised it with either indices or nse scrips. can any one help

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More