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 Hourly Charts Overview

21 sec read

Nifty Hourly Charts
Nifty

 
Nifty hourly charts is in positional sell mode since 28th April and currently the resistance zone come near 6845. However Banknifty on the hourly charts still manage the positional buy mode and currently the support zone comes near 12790 and trades very close to the support zone. Reverse your trading positions if the support/resistance zone breaks on the hourly charts.

Bank Nifty Hourly Charts
Banknifty

India VIX Hourly Charts
India VIX still trades just above 30 levels and supports currently coming near to 28.81 VIX trend could turn down if the support zone breaks on the hourly charts.
India VIX

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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