Both Nifty and Bank Nifty are in sideways mode since the start of October Season. Currently both are in Buy mode with supports coming around 5680 and 11480 respectively.Go for positional shorts if the levels breaks on the 90 min charts. 
Related Readings and Observations
Nifty and Bank Nifty 90 min charts for 26 Nov 2012 Trading Nifty is in positional Buy mode since 22-Nov and Bank Nifty since 21st Nov on the 90 min charts. Currently the supports for nifty coming around 5595 and the intermediate resistance zone […]
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 Futures and Bank Nifty Futures October 2016 Outlook The RBI cut benchmark rates by 25 basis points (bps) on 4 October, bringing down the repo rate from 6.5% to 6.25% since then there is a significant underperformance in banknifty futures as […]
BRExit and Stock Market Crash Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR […]
Nifty and Bank Nifty Futures – Daily Sentiment Update Nifty and Bank Nifty Daily Sentiment oscillators are holding positive and currently. Minor Resistance zone coming around 7870 and 16800 respectively. Breakout is likely to be on the upper […]
Nifty and Bank Nifty August Futures Mid Month Review Nifty and Bank Nifty August Futures Daily Sentiment turned positive on friday. India's July WPI inflation figures came at -4.05% YoY Vs June WPI was -2.40%. Despite the Chinese Yuan […]
Happy Dasara
Regards,
Veer
THANKS RAJANDRAN ..WHEN ALL ARE GIVING USELESS INFORMATION FOR PAYMENT ., UR GIVING GOOD INFORMATIONS FREE OF CHARGE ..GOD BLESS U