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 Bank Nifty 90 min and Open Interest Update for 13 Apr 2011 Trading

23 sec read

Nifty 90 min charts

 
Nifty is still in sell mode on the 90 min time frame and trading very close to the cloud with resistance and intermediate resistance coming near 5298 and 5324 respectively. Exit your longs above 5298. Bank Nifty had recently turned to buy mode. If nifty too breaks the two upper level resistance then one can enter longs positionally. Bank Nifty chart is trading currently above the Intermediate support 10367 any reversal below that indicates shorter term reversal in bank nifty.
Bank Nifty 90 min charts

Nifty Options Open Interest Chart for April Series

Open Interest Chart shows that 5200PE is crowded by put writers. Current EOD supports comes near 5200.

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 Bank Nifty futures September Overview – III

Nifty and Bank Nifty futures hourly charts are maintaining the buy mode. Currently the supports zone comes around 5799 and 10000 respectively. Reverse to...
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14 sec read

Nifty and Bank Nifty futures September Overview – II

Nifty September futures is in positional buy mode last thursday and currently the support zone comes near 5290. Bank nifty futures turned to positional...
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46 sec read

Nifty and Bank Nifty September Futures overview – I

Nifty september futures turned to positional buy mode and currently the support zone come near 5264 zone. Reverse your position to positional shortly if...
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38 sec read

One Reply to “Nifty and Bank Nifty 90 min and Open Interest…”

  1. Dear friends would like to know more about how to start a brokerage firm, response and advise shall be
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