Thursday, July 1, 2010

GANN Table & one day up next day down moves


For the last five days(from 25th Jun) Nifty's one day up & next day down jump is continuing with gap up / gap down opening. Today(1-7-10)Nifty opened at 5249 with a loss of 64 points, moved in the range 5232 - 5266 and closed at 5251 with a loss of 62 points ie. at today's opening level. Nifty futures range was 5231 - 5275. Let Agni level be your guide. Tomorrow's Agni level is same at 5276.

Whether the following "GANN Square of 9" table is holding the key of the recent movements of Nifty from 9th June, 2010 ? All yellow square up days up to 23rd Jun, yellow square down days from 25th June as two consecutive days (24th & 25th) Nifty was down. From the table tomorrow is an up day. Let us see what happens.

1 comment:

Sandip Pal said...

Nandi,

May I request you to share your methods to calculate the daily level's? It works really well!