padiyara

Nifty:triple top resistance at 9701, Gann 135 deg sup at 9554

padiyara Updated   
NSE:NIFTY   Nifty 50 Index
11
Nifty' having a triple top resistance at 9701, the next Gann 135 degree support will be 9554
& Gann315 Deg supp at 9358, as marked in the table attached.(The below example gives you an exact picture)
Nifty' doesn't follow the degrees every time, but Bank Nifty' Does that, so take this for a study only. people have boredom with numbers and calculations, most of them need the final result. this for the students and followers of Gann like... @tyrent
Thank you
imgur.com/iSTJgGq


Here is another example, about how accurate is the Degree calculations?
This is actually a screen shot of two work sheets. I have taken a small number 390 so that, it can be seen clearly to understand the concept. Ok
Now look at the green box, showing our Input value. Its 315 Degree is 441, zero is matching at 371. So from zero start point, our input number 390 is exactly at 85.5 Degree. With that angle we are adding every 45 degree and getting back its number values to find the resistance.

imgur.com/lyzCiPj

Same way go on reducing 45 degree and calculate numbers for supports.
Comment:
@tyrant *
thank you
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