Nifty and Bank Nifty are still in buy mode trading below the intermediate resistance 200MA line. so as per the last post we had exited our longs and waiting for the next trade. The next trade setup could give a re-entry in long if nifty moves and trades above 200MA line on the 90 min timeframe.
Sell Setup will arrive if both nifty and bank nifty trades below the cloud support zone. Currently cloud supports are near 5242 and 10141. And Interemediate Resistance zone is coming near 5350 and 10440 respectively and re-entry in longs is preferred if nifty and bank nifty breaks intermediate resitance