NIFTY MID CAP SELECT INDEX WEEKLY EXPIRY GANN ANALYSIS

29 Tem

Index chart show the 45 minutes chart run up for the weekly expiry. We have a definite setup in Gann Analysis where and when to trade and where and when not to trade. trading decision nomenclature is depicted on chart. See the Birthzone area where the move starts. Also see the Deathzone level where we may fade out the move. Also watch the Momentum areas for Big trades. Where not to trade was the congestion formed around Momentum Level 1 small range at mid level above Birthzone. Today Trading zone is between 12625 and 12775 with breakout on either side. Watch out for fake outs for momentum trades if they happen. Trend decider Level is 12700.
Happy Trading !!!