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Rajandran R 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)

Nifty and Bank Nifty hourly Positional Trend Update

10 sec read

Nifty Hourly Charts
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Nifty and Bank Nifty hourly charts are shown. currently both nifty and bank nifty is in prolonged buy mode and currently the positional trailing supports comes around 5954 and 12289 respectively. Reverse your positional strategy to shorts only if the supports breaks on hourly charts

Bank Nifty Hourly Charts

Rajandran R 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)
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Nifty and Bank Nifty futures September Overview – III

Nifty and Bank Nifty futures hourly charts are maintaining the buy mode. Currently the supports zone comes around 5799 and 10000 respectively. Reverse to...
Rajandran R
Sep 17, 2013 14 sec read

Nifty and Bank Nifty futures September Overview – II

Nifty September futures is in positional buy mode last thursday and currently the support zone comes near 5290. Bank nifty futures turned to positional...
Rajandran R
Sep 1, 2013 46 sec read

Nifty and Bank Nifty September Futures overview – I

Nifty september futures turned to positional buy mode and currently the support zone come near 5264 zone. Reverse your position to positional shortly if...
Rajandran R
Aug 30, 2013 38 sec read

8 Replies to “Nifty and Bank Nifty hourly Positional Trend Update”

  1. Sir,
    I have been a silent viewer of your website.
    After a very long research about technical analysis i came to know about your site.
    Your super trend indicator is very simple and yet very effective.
    your system always keeps us with the trend .
    people try to find complex systems to profit but they your system is perfect for trending markets

    Sir can you suggest a way to shortlist trending scripts

  2. Sir apka website bahut acha hai hamko ye softwere mobaile me downl6od karna hai to kaya karne ke hamko bataie pls

  3. Hi Rajandran R, I downloaded trend magic AFL from this website few days back but for 5 minute time frame it shows few additional signals on my Amibroker than your live chart of Bank Nifty for the same time frame. Can you please let me know why there is such a difference? Thanks in advance.

      1. Thanks for reply. Even for super trend there is some issue as mentioned below:

        Today I downloaded super trend AFL from your website and started watching it for Bank Nifty on 5 minute time frame. One thing that I noticed was that it shows different results than what it shows on live charts available on your website(http://www.marketcalls.in/livecharts/bank-nifty).

        For example, last signal generated today in Bank Nifty was sell call. On your website it shows that it was sell from 13231 while my Amibroker for the same time frame shows sell call from 13203.

        Can you please let me know the reason for these differences?

        1. my Parameters are ATR= 7 and Multiplier= 3 for Nifty and Bank Nifty. Whereas default parameters in supertrend is ATR =11 and Multiplier = 2. Kindly change it.

          1. Thanks again for prompt reply Rajandran. If possible, can you please update back tested report of super trend indicator till today on this website? This will be very useful for your followers. Thanks!

  4. hi Rajan,
    How can i download this intratrend AFL code, is it different from supertrend AFL ???

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