vanathi

Mighty Nifty - Nearing resistance!

NSE:NIFTY   Nifty 50 Index
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12
Nifty is nearing its resistance zone 9610 - 9630 levels. On breaking the resistance the price action will reach 9650 and 9675. If the price action cant sustain the resistance zone , it will trend towards 9550 and 9525.
Trade active: Long
Trade closed manually: See how price action face resistane at Gann line.
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Comments

Wow that's really cool. Gann Line shown strong resistance over there.

By the way I'm trying to Draw Gann Box, Its asking for 2 points, First point i kept in Recent top, where does the second point to be connected. Could you help in that?
+1 Reply
AryaJoy Eatsleeprepeat
@Eatsleeprepeat, Second point is in the chart bro. Connect it to draw :)
Reply
@AryaJoy, I meant recent bottom or where it suppose to be considered. Ofcourse everyone knows that it's in the chart.
+1 Reply
very useful guidance as a whole...thanks
Reply
vanathi sud_ju99
@sud_ju99, Welcome.
Reply
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