Nifty medium term view using Gann

As discussed on 15 Oct when Nifty was trading near 7723 above the possibility of 8500/8700 levels, Targets are on verge of Hitting..

Nifty has been in correction mode ever since it hit the High of 8180 on 08 Sep 2014, It has been in sideways choppy mode from that point of time.As discussed in our Facebook page we are seeing some big move coming in Nifty.
Using Gann 52 concept , classic technical Analysis I am putting forward the view till end of 2014, use the below view as an input to your trading/investing plan, Do not blindly follow the same, trading is all about probability and we are analyzing one of many probability.

1. Trendline Support

2. Hammer Candlestick formation

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