Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

Nifty and Bank Nifty 4 hourly charts for 12th Dec 2011

14 sec read

Nifty 4 Hourly Charts

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Though Nifty and Bank Nifty is in sell mode on the 90 min charts. When looking into the Higher timeframe charts i.e on 4 hourly charts both the nifty and bank nifty are at the extreme ends of the ichimoku cloud supports. There is a possibility of Nifty and Bank Nifty holding these supports. Nifty Supports coming around 4866 and Bank Nifty at 8786.

Bank Nifty 4 hourly charts

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

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