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 hourly trend for 15 July 2010 Trading

13 sec read

Nifty Hourly charts

Nifty Hourly charts are still in uptrend with supports 5348 zone. But the 15 min charts had turned down recently with cloud resistance formed near the 5416-5427 band band. Those who are willing to short should hold the stop loss near the 5416-5427 region. Trade should be reversed if nifty surpasses the resistance band.

 
Nifty 15 min Charts

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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