Nifty 90 min charts are shown with Ichimoku Cloud Indicator(3,12,18). Cloud Resistance comes near the zone 5480-5500 with nifty continuing the sell signal since 27 Jan 2011. But open interest figures indicates still higher open interest in 5400PE options series and more possibilities of put writing happening in 5400PE Feb Strike price. Chances of holding nifty above 5400 atleast on EOD basis
Related Readings and Observations
Warning: Strong Volatility Ahead Indian Finance Minister Nirmala Sitharaman announces corporation tax rate cuts and slashed to 22% (effective rate 25.17% including cess and surcharge) and that's the Internation news, […]
Nifty and Bank Nifty Trading at the Upper Extreme Nifty Futures and Bank Nifty Futures are trading in a sideways compression mode for quite some time in Jan 2019 series. Both Nifty Futures and Bank Nifty Futures are trading very close to […]
Nifty September Expiry Begins with Volatility Nifty Futures September expiry kick-started with high volatility. Short term quick flip signals turned positive with immediate supports coming around 11655 levels. Price holding above […]
Nifty Trading Outlook for April 2018 New Financial Year about to start and it is always refreshing to kick start with a unbiased outlook especially when a new derivative series starts. Structurally so far correction in Nifty […]
How to Trade Nifty for November Expiry? Nifty is trading around All time high. October Futures is more of one-sided movement with an approximate swing of 500+ points swing. The trading sentiment is holding positive across the […]
Nifty Futures Top Down Approach – FEB 2017 Overview On the daily timeframe consolidation is seen for the last 7 trading sessions. Both Nifty Futures and Bank Nifty Futures are showing an intraday selloff in the first half of the session […]
Hello mr, rajandran
thanking you ur market call infomation is good….
Can you tell me what is that red and blue lines? Is it MA or is it a part of Ichimoku Clouds?
Wow! those red and blue lines crossover are working perfectly, and whenever candle jumps above that red line, we can add postions.
Good for trending market i think.
@Aman
Dont confuse with that lines. I never used that lines for decision making as they produce belated signals(i.e those lines are shifted w.r.t time so always generates a delayed signals.. but when looking into the picture it may look like perfect signals).
@Kamal Barot
Thanks Man! Iam just trying to improve myself. The blog is nothing but evolution of a man from monkey 🙂
@Aman : those lines are the components of Ichimoku anyways iam concerned with the cloud i.e the SPAN A and SPAN B lines only