Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Tracking Shorter term GANN Charts
20 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
Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Nifty week end review on daily and 90 min timeframe and Nifty Option Details
6 Replies to “Tracking Shorter term GANN Charts”
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
5025.48
hi rajandran thanks for visiting my blog. by mistake i deleted your commentregardsrajamani
Yup Buddy,,, It doesnt matter,,You had a wonderful blog
Rajandran,your guess 5025.48 is very close with today nifty closing…fyisri
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
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
5025.48
hi rajandran thanks for visiting my blog. by mistake i deleted your commentregardsrajamani
Yup Buddy,,, It doesnt matter,,You had a wonderful blog
Rajandran,your guess 5025.48 is very close with today nifty closing…fyisri
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