Rajandran R FollowTelecom 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 Trend update for Annual Budget 2012
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Nifty and Bank Nifty on the 90 min timeframe is in buy mode since 9th March and currently trading close to the cloud zone. Supports for Nifty and Bank Nifty are coming around 5350 and 10544 respectively. Reverse the position to shorts if the support level breaks on the 90 min ichimoku charts.
Rajandran R FollowTelecom 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)
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2 Replies to “Nifty and Bank Nifty 90 min Trend update for…”
Good information. Everyone uses either 15 min or 60 min charts. 90 min has any added advantage ???
90 min timeframe has low noise when compared to other timeframes especially for ichimoku cloud trading system.
Good information. Everyone uses either 15 min or 60 min charts. 90 min has any added advantage ???
90 min timeframe has low noise when compared to other timeframes especially for ichimoku cloud trading system.