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.

Nifty and Bank Nifty in Buy mode on EOD Ichimoku Charts

13 sec read

Nifty EOD Chart

 
Nifty and Bank Nifty turned to buy mode yesterday on EOD Ichimoku charts with supports coming around 4742 and 8763 respectively. Open Interest built up visible in 4500PE, 4600PE, 4700PE indicates visible strong signs of bullishness for the trend to continue on the upper side.

Bank Nifty EOD Chart

Open Interest Chart Nifty Jan Option Series

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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0 Replies to “Nifty and Bank Nifty in Buy mode on EOD…”

  1. Hi

    Rajendran

    Thanx for the Nifty & bk nifty charts, can u suggest whether one can enter HCL Tech,, at this level, as results due on 17/01/2012, there are chances that due to weak rupee in last qtr profit may be high, what abt technicals please mail me or reply with chart

    Thanx
    Abhay Dagli 09820248442

  2. Dear sir/madam,
    Hello,i am watching your web page since last some of weeks,i am also follow Ichimoku kinko hyo but the my setting no’s are diffrent from yours as you used 3,6,18 & i used traditional no’s which is 9,26,52 Plz do put throw light on this….

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