Nifty and Bank Nifty 90 min charts are in buy mode with supports coming around 5320 and 10387 resectively. Reverse to postional shorts only if it breaks on the 90 min charts.
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sonuverma says
August 16, 2012 at 10:25 amWhat this sometimes red bar or green bar indicates in stock livecharts bottom area.
it is not according to the red/green supertrend line, sometimes it is different than the lines. when this line red also the below bar showing green.
That’s why cannot able to understand about it. what is it and how to interpret this into the charting / trading.
Rajandran R says
August 16, 2012 at 2:24 pmHi Sonu Verma,
Its called iTrend Ribbons to protect from sideways movement. More info read here
Now iTrend Ribbons on our Live Charting Section