Shorter Term Nifty GANN Update
[11/17/2009 09:14:00 AM | 5 comments ]


Chart shows 1 minute chart of nifty since the recovery from the Nov 3,2009 lows. Drawing the GANN FANN lines

we could find that 5050 could act as a shorter term trend support. Failure to hold 5050 will induce shorter term weakness in Nifty chart and could target 4940 and 4820 zones.

Overall Nifty Bulls requires sustainability above 5050. Failure will move the market towards the possible 4940 and 4820 shorter term Support zone

5 comments

rajnish kumar said... @ November 17, 2009 at 10:33 AM

from where we can get the charts as you are posting in ur blog.

Treasure Hunting said... @ November 18, 2009 at 9:03 AM

GM Sir,

How are you, thanks for sharing and helping us, Sir one request, I use meta stock and which is the formula to get buy and sell signals like you get in the charts, can you plz share with us the formula and how to input it into the software to get signals not intra in real time but after market hours, just like you inputted in Reliance charts.....

Plz share with us sir

Thanks

Rajandran said... @ November 18, 2009 at 4:45 PM

@Rajnish Kumar

Charts are genereated using Amibroker

Treasure Hunting said... @ November 20, 2009 at 9:42 AM

Sir are you available? plz guide sir need your guidance

sriganeshh said... @ November 25, 2009 at 12:31 PM

Rajandran,

if we move the base to recent low of 4538, how the picture will be ...is it possible for you to redraw the scenario to get some clues...

thanks
sri

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