Wednesday, October 17, 2012

Is it reverse of Gann table?

Please refer to post dated 1st July 2010 explaining Gann's Square of 9 and one day up one day down moves at that time. Now, from October 8 on wards one day up one day down move is going on in Nifty. This character is of 3rd level in Gann's table. If it is continuing as shown in the picture a fast down move may start from 25th October, 2012 as 24th is a holiday on account of Dasera festival. Let us watch how it develops.

3 comments:

SJkolkata said...

Nandi,
Do you think it's getting reverse of what you had mapped.
Since we had a break in the link and we are having one day +ve and one day -ve but the color of red and green is just the opposite from ur Gann table.
Do you see any probability of now continous green going forward from 24thoct.
Will wait and value your feedback,

Nandi said...

Dear SJ,
After two consecutive greens on 17th & 18th, inner levels(1&2) becomes green and a continous upmove may be in the offing. There is also a dobt whether the pattern is valid now. So, exited shorts yesterday leaving only 5600 PE of November. Let us wait for further developments.

MD said...

yes, your gann table worked except 25th oct...

good one