Nifty maintains the hourly buy mode since 22nd July 2010. Hourly clouds are still near the 5419-5427 band. Reverse longs only if the resistance band got broken on hourly basis otherwise shorts are not recommended.
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Related Readings and Observations
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Nifty and Bank Nifty 90 min charts update for 29th Nov 2011 Trading Finally there is a relief rally of 3% rise in Nifty from the bottom. On the Ichimoku 90 minutes charts, both nifty and bank nifty broke the cloud resistance and turned to buy mode with […]
Nifty hourly Update for 29 Dec 2010 Trading Nifty at deadly hourly supports but still with longs. Go short for 50pts on nifty only if nifty breaks 5985-5990 zone on hourly basis otherwise only longs are preferable
sir would you also start posting ichimoku cloud hourly for banknifty also.moreover please tell how to get ichimoku charts…Prem
Sure Prem! Will try out Bank Nifty too!