Rajandran R 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 and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Intratrend Positional Trend Update for NSE indices and MCX Futures

52 sec read

Nifty Hourly
Nifty Hourly

Nifty is in position sell mode as per Intratrend Positional straegy since 3rd July and currently the resistance zone comes around 5898 respectively. Reverse your position to buy mode if the trend breakout above the resistance zone on the hourly charts.

BankNifty Hourly
Bank Nifty Hourly
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Bank Nifty is in position sell mode since 3rd July and currently the resistance zone comes around 11433 respectively. Reverse your position to buy mode if the trend breakout above the resistance zone on the hourly charts.

MCX Gold Hourly
MCX Gold

MCX Gold is in position sell mode since 5th July and currently the resistance zone comes around Rs25850/kg respectively. Reverse your position to buy mode if the trend breakout above the resistance zone on the hourly charts.

MCX Silver Hourly
MCX Silver Hourly

MCX Silver is in position sell mode since 5th July and currently the resistance zone comes around 40460 respectively. Reverse your position to buy mode if the trend breakout above the resistance zone on the hourly charts.

MCX Crude Hourly
Crude Hourly

MCX Crude very recently turned to buy mode(yesterday) – 10th July and currently the support zone comes around 6171 respectively. Reverse your position to sell mode if the trend breakout below the support zone on the hourly charts

MCX USDINR Hourly

MCX USDINR

MCX USDINR turns to position sell mode (yesterday) – 10th July and currently the resistance zone comes around 60.07 respectively. Reverse your position to buy mode if the trend breakout above the resistance zone on the hourly chart

Rajandran R 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 and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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7 Replies to “Intratrend Positional Trend Update for NSE indices and MCX…”

  1. NIFTY, BANKNIFTY, MCX GOLD, MCX SILVER turned to positional buy trend and crude turned to positional sell since today’s gapup opening!

    1. Gdeve sir my name is sampath my brother did forex trading last 3 year.he told me fund is not transfer to india why? When fund transfer? How can transfer money? Pls ans me

  2. Sir,
    Is it possible to apply super trend strategy on Nifty options. Please let me know.

  3. sir,
    today spot usdinr closed at 61.07 and futures at 61.44.the spot trend has been up since may this year. how to correlate spot prices(trend) and trade futures.I value your opinion.

    1. @Ashok : One should not trade that way. If you trade futures you have to look into future charts for analysis. Otherwise only confusion remain.

  4. Respected Sir,
    Kindly inform, in detail about intra trend trading strategy. How and where we can learn about it

    Thanks & Regards

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