Nifty near gann trendline,EOD Analysis

As we have been discussing about Time correction (Where Price remains in a small range over a period of time) in past few analysis, Nifty closed on 02 May @7805 and today close was 7783 so we have moved just 22 points in last 13 trading sessions. We are again near to gann trendline as shown in chart below, holding the same bounceback till 7900. Break below the same and close below 7777  can see nifty going till 7678/7546 in coming session Its one of the difficult phases for trend followers as market moving in no clear trend but such phases makes a trader strong both emotionally and mentally, traders who pass such phases without much loss of capital will be rewarded handsomely by market in coming time. Best way to trade

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