Nifty and Bank Nifty 90 min charts are shown. Both nifty and Bank Nifty are in buy mode since 30th July 2012. Currently the intermediate supports are near 5192 and 10307 respectively. Reverse your positions to shorts only if the levels breaks down on the 90 min basis.
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 2nd August 2012 Trading
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