Rajandran R 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 July 2011 Trading

18 sec read

Nifty 90 minutes chart

Nifty 90 minutes chart
[wp_ad_camp_5]

 
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 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 Futures – Risk of Holding Longs Increasing

Nifty Futures since the last 8 trading sessions have been crowded by shorter-term buyers and currently, the trading context show that there is risk...
Rajandran R
16 sec read

Nifty Futures – Trading Inventory goes Short to too…

The Nifty Futures October series is witnessing a consistent influx of short-term sellers on a daily basis. Over the past four consecutive trading sessions,...
Rajandran R
48 sec read

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...
Rajandran R
14 sec read

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.

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More