Nifty March future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6192. Reverse your position to positional shorts only if the support breaks on the hourly charts. Bank nifty turned to the positional buy mode recently on 24th Feb and currently resistance zone comes around 10595. Reverse your position to sell mode if the support breaks on the lower side
Rajandran R Follow
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)
Nifty and Bank Nifty Future March Overview – I
16 sec read
Is it possible to include in the above chart,volume.PSAR,MACD and Stoc signals. Thanks
too much of signals lead to confusion.
Thanks