Nifty is in Buy mode since 22-Nov and Bank Nifty since 21st Nov on the 90 min charts. Currently the supports for nifty coming around 5595 and the intermediate resistance zone coming around 5670. And for the Bank Nifty the support zone coming around 11372 and immediate support coming around 11456.
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 and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Nifty and Bank Nifty 90 min charts for 26 Nov 2012 Trading
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