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.
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Rama Krishna says
March 15, 2012 at 6:07 pmGood information. Everyone uses either 15 min or 60 min charts. 90 min has any added advantage ???
Rajandran R says
March 16, 2012 at 1:51 pm90 min timeframe has low noise when compared to other timeframes especially for ichimoku cloud trading system.