Rajandran R 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)

Nifty and BankNifty 90 min charts update for 16th Mar 2011

10 sec read

Nifty 90 min charts

[wp_ad_camp_5]

 
Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode with trailing resistance coming near to 10800 zone. Reverse the trade if the resistance breaks.

Bank Nifty 90 min Charts

Rajandran R 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)

Nifty and Bank Nifty futures September Overview – II

Nifty September futures is in positional buy mode last thursday and currently the support zone comes near 5290. Bank nifty futures turned to positional...
Rajandran R
46 sec read

Falling wedge Pattern Formation in Bank Nifty

Bank nifty has gave breakout of falling wedge on hourly chart .11420-30 is an resistance zone as per line chart which is comfortably above 200dma. above which it...
Sumit
31 sec read

Bank Nifty Probable Head and Shoulder Pattern

In a post earlier I have mentioned about a probable head and shoulder pattern developing in bank nifty.  A similar pattern is forming in...
Sumit
35 sec read

2 Replies to “Nifty and BankNifty 90 min charts update for 16th…”

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More