Nifty and Bank Nifty is in sell mode since 9th Nov 2011 and currently the resistance are 4905 and 8858 respectively. And almost all the shorter term indicators are in oversold period for long period of time.
Nifty and Bank Nifty 90 min charts update for 23rd Nov 2011
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Someone in his website has published that one can earn 12 Crores in 100 trading attempts in intraday trading only in NIFTY future. Is it possible and is there any methods for that? Do you have any hint in that challenge?
Do you know the formula for the calculation of RSI used in Yahoo finance Basic chart?
use the following link to see the RSI that I meant.