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 Trend Update for 17 June 2010

19 sec read

Nifty 15 min Chart

Nifty Ichimoku Chart for both 15 min and hourly chart are shown here. From the 15 min charts we are able to infer the weakness as the candle is trading below the 15 min cloud resistance zone 5234. And from the hourly charts we cloud find that supports are available near 5163 zone. So the Ideal shorter term trade could be trading shorts by keeping 15 min Ichimoku cloud as trailing stop loss. Exit should be planned if nifty nears the 5170-5175 zone for shorter term trades.

 
Nifty Hourly Chart

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 BankNifty 90 min charts update for 16th…

Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode...
Rajandran R
10 sec read

Nifty and BankNifty 90 min charts update for 15th…

Nifty turns to buy mode with cloud supports coming near to 5460-5470 zone. And Bank Nifty still in sell mode with resistance near 10900....
Rajandran R
8 sec read

Nifty Week End Review

Nifty week end review on daily and 90 min timeframe and Nifty Option Details
Rajandran R
32 sec read

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