Nifty and Bank Nifty is in buy mode since 3rd jan 2012. The Option Series begin with writing 4500PE contracts and later shifted to 4700PE Jan series and today crossed the psychological market 5000. Currently supports for Nifty and Bank Nifty are around 4906 and 8988 respectively.
Rajandran R Follow Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)
Nifty and Bank Nifty 90 min charts for 20 Jan 2012 Trading
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