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)

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.

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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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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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