Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Nifty and Bank Nifty 90 min charts for 27 Aug 2012 Trading
11 sec read
Nifty and Bank Nifty turned to positional sell mode last friday with current resistance coming around 5423 and 10500 respectively. Reverse your strategy to positional Buy only if the resistance breaks on the upside. And Higher Open Interest are visible near 5500CE and 5300PE. indicating possibility of Nifty expiring between 5300 and 5500.
Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
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