Nifty Fails to close below 5030 today which is the 5 EMA(High) and could act as a long term resistance if nifty fails close above 5030 and if nifty closes below 4937 will induce a fresh weekly sell signal as per 5EMA Strategy. Source: www.marketcalls.in
Charts shows the minor adjustment in gann fan trend line for 1min Nifty Spot chart. As of now GANN Holds the 1st retracementlevel 4980 zone. Failure to hold will directly target 4840-60 Zone. Source: www.marketcalls.in
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 ..
Chart shows 1 minute chart of nifty since the recovery from the Nov 3,2009 lows. Drawing the GANN FANN lineswe 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 ..
1)5 EMA Weeky - Provides a Fresh Buy Signal with supports at 49122)5 EMA(High-Low) Daily - Buy signal retains with first support zone at 4975 andsecond support zone at 4875 3)5 EMA(High-Low) Weekly - Indicates instant resistance zone at 5005. Weakness will prevailif nifty is not able to ..