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