Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, 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 July 2011 Trading

19 sec read

Nifty 90 minutes chart

Nifty 90 minutes chart
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Today Nifty has turned to buy mode as per Ichimoku cloud strategy on 90 minutes chart with the base support coming around 5579. Also, 5500PE holds the highest open interest among the July option strike prices for the past three sessions which indicates that put writers are heavily active on defending 5500 as a support zone.

Bank Nifty 90 minutes chart

Bank Nifty 90 minutes chart

Bank Nifty is in buy mode on the 90 minutes chart for the past two trading sessions with the base support coming around 11121.

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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One Reply to “Nifty and Bank Nifty 90 min charts for 20…”

  1. Hello Sir,
    Sir with this ichimoku kinko strategy how many points in nifty and Bank nifty can we capture with 90 mins time frame. And can we use the same strategy in Amibroker with same time frame and can we get the same kind of returns as we get in motiwe wave software.

    Thanks in Advance.

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