Rajandran R FollowTelecom 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)
Nifty and Bank Nifty November Futures Overview – I
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Nifty Hourly Charts
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Nifty and Bank Nifty november futures turned to positional buy mode after the RBI hikes repo rate by 25 bps and cuts MSF rate by 25 bps. Currently nifty and bank nifty supports are at 6129 and 10803 respectively. Reverse your position to shortly only if the support zone breaks on the hourly charts.
Bank Nifty Hourly Charts
Rajandran R FollowTelecom 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)
Nifty Futures on Tuesday's trading session ended flat with a rotational auction which resulted in an inside bar and prominent POC formation. Lower volume...
BankNifty Futures sentiment turned negative post the RBI Policy announcement. Profile distribution completely traded down below the Thusday's Prominent POC which could act like...
2 Replies to “Nifty and Bank Nifty November Futures Overview – I”
I am an intra day option trader having demat a/c with Angel broker . I am a senior citizen. Pl. guide me for successful trading
i would like to get buy sell signals, how can i activate
I am an intra day option trader having demat a/c with Angel broker . I am a senior citizen. Pl. guide me for successful trading
i would like to get buy sell signals, how can i activate