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 Updated Swing Charts

28 sec read


 

 
Nifty Spot  : 3985.25
 
The Chart shown here is a 3 day 15 min chart. And from the chart it is infered that strong resistance at
4020 region and curretly we are in oversold region so expect a small bounce back at this level may also
extended to couple of days. But still the primary downtrend is very weak wih sensex support at 12500 and any
downside below 12500 in sensex will definitely target 10,000. And also from the weekly charts 20 day EMA
coming near 4420 with is the definite boundary for the bull and the bearzone. i.e Anthing above 4420 is a
 investors buy
 
And from the swing charts anything above 4040 will target 4230 once again and anything below 3970 will
target 12,500 in sensex.
 
 
Regards,
Rajandan R
 
 
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

Leave a Reply

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