Wednesday 18 May 2016

Nifty 50 Medium term Gann Analysis

Dear All###

As per yesterday post Nifty support was at 7810.Today Nifty taken support from

same 7810 level.As Mr.Nifty 50 almost in 200 points range for last 23 Trading

session.Nifty 50 may at verge of Breakout ,so we are very keen to know the

the medium term perspective of Super Natural Mr.Nifty 50.

Now Gann cluster support at 7760 and Resistance at 8100.After spending some

time at 8100 that Nifty march forward to acquire the Next fort of 8250-8325.

By analyzing the Nifty Daily chart that, 7760 should act as Firewall for Bears.

BreakDown below 7760 and close below two consecutive days leads nifty

to 7600-7500 Range.Below that 7250.



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