
Nifty Spot made high @ 6357.10 ( 8th Jan2008), low @ 2252.75( 27th october 2008)
From low 2252.75 Nifty bounce and made high 6338.50 ( 5 nov 2010) that means 365+365 days – But Fail to cross High That is 6357.10.
Gann Says NF must correct 37.5% in 365 days -: yet 90 days left
6338.5-2252.75=4086-37.5% = 1532
6338.5-1532=4806.
8th August2011, is only dated which can save The Global Economic.
Symmetrical Triangle
Symmetrical: it consists of two symmetrically converging resistance and support lines with at least four significant points (eg. 2 on resistance and 2 on support). Breakout may occur on either side.
Already Broken on downside
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