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
