Nifty still in buy mode on 90 min charts with trailing support coming near to the 5490-5500. Similarly Bank Nifty too in buy mode with trailing support coming near to 10800 zone. Reverse the trade if the support breaks.
Rajandran R Follow
Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)
Nifty and BankNifty 90 min charts update for 9th Mar 2011
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