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vanathi
Jul 3, 2017 2:05 PM

Mighty Nifty - Nearing resistance! 

Nifty 50 IndexNSE

Description

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.
Comments
Eatsleeprepeat
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?
AryaJoy
@rrajkumar86, Second point is in the chart bro. Connect it to draw :)
Eatsleeprepeat
@AryaJoy, I meant recent bottom or where it suppose to be considered. Ofcourse everyone knows that it's in the chart.
sud_ju99
very useful guidance as a whole...thanks
vanathi
@sud_ju99, Welcome.
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