Rajandran R Founder 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.

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.

 

Rajandran R Founder 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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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

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