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Gann Fan

Nifty Midcap 100 – 3 signals to go LongNSE:CNXMIDCAP Observations: 1) It has taken support at Gann Fan line 2/1 at 45 degrees drawn from the bottom of March 23, 2020 low. This confirms that 21 months old uptrend in Midcap is still intact. 2) It is near to break resistance line of the downward parallel channel formed since October 19, 2021. 3) Probability of breaking resistance line mentioned at 2 above is high as similar resistance stands broken by Nifty Small Cap 250 Index on December 9 and confirmed the same on December 10. Conclusion: Once the resistance (as mentioned at 2 above) stands broken, the first resistance will be at 32,230 level. For educational purposes only.
NSE:CNXMIDCAPLong
by Rajesh_Ramchandani_Delta
Silver Daily Gann Chart Pointing HigherCurrently, silver has jumped back into the uptrend area. It has also broken the parallel channel in the last trading session. But, the buy is not confirmed yet. The uptrend can be resume if it remains above 0.618 of retracement level and 3/1 & 8/1. If that happens, then you can buy for the targets of 63900 - 65100 - 65960 - 68454. What happens if it's fake-out? That's a straightforward scenario on the above chart. MCX silver futures will come under the control of sellers in the downtrend area. It will fall nonstop for the targets of 59960 - 59400 - 58600 - 55765.
MCX:SILVER1!
by forextidings
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