Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Bank Nifty shows sign of Reversal?

14 sec read

Banknifty

Bank Nifty Spot on the hourly chart is in buy mode since 17th Feb 2014 and the prolong buy mode continues so far with the support zone coming close to 12477. And the Triple Momentum in Banknifty turned negative since 11st April,the RBI announcement of policy rates kept unchanged. Banknifty will enter into the positional sell mode if the support breaks on the hourly charts.

[wp_ad_camp_5]

 

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Rising Risk on Volatility and Election Event Risk on…

As we approach a significant electoral event, market participants are increasingly anxious about the implications for Nifty Futures. This nervousness is vividly reflected in...
Rajandran R
1 min read

Nifty Futures May Contract Shows Extreme Exhaustion Amid Election…

As India approaches the final phases of the Lok Sabha elections, the financial markets are reflecting the underlying tension and uncertainty typical of such...
Rajandran R
2 min read

Nifty and Bank Nifty May Futures – Short Term…

Nifty and Bank Nifty showed late selling pressure on Tuesday trading session. Nifty market profile structure ended with Poor High and Genuine Reverse Spike....
Rajandran R
38 sec read

2 Replies to “Bank Nifty shows sign of Reversal?”

  1. I am intrested in buy, sell signal for intraday trading,which software i have to use,please guide me/Give me your contact Number so tat i can discuss with you
    Regards,
    Ananda.P.V.
    Bangalore

  2. I WANT TO TRADE WITH I TREND INDICATOR HOW TO GENERTE BUY/SELL SIGNALS WITH 1 MIN CHART CAN U GUIDE ME HOW TO DO THIS?

    REGARDS

    ANJANEYA

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More