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
Related Readings and Observations
How to Trade in a High Volatile Markets using Market Profile In recent turbulent times in the markets, it is very difficult for many traders to manage their positions. Here are some of the guidelines on how to manage your positions in a High […]- Nifty and Bank Nifty Trading at the Upper Extreme Nifty Futures and Bank Nifty Futures are trading in a sideways compression mode for quite some time in Jan 2019 series. Both Nifty Futures and Bank Nifty Futures are trading very close to […]
- Nifty Futures and Bank Nifty Futures October 2016 Outlook The RBI cut benchmark rates by 25 basis points (bps) on 4 October, bringing down the repo rate from 6.5% to 6.25% since then there is a significant underperformance in banknifty futures as […]
- BRExit and Stock Market Crash Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR […]
- Nifty and Bank Nifty Futures – Daily Sentiment Update Nifty and Bank Nifty Daily Sentiment oscillators are holding positive and currently. Minor Resistance zone coming around 7870 and 16800 respectively. Breakout is likely to be on the upper […]
- Nifty and Bank Nifty August Futures Mid Month Review Nifty and Bank Nifty August Futures Daily Sentiment turned positive on friday. India's July WPI inflation figures came at -4.05% YoY Vs June WPI was -2.40%. Despite the Chinese Yuan […]
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
Sir apka website bahut acha hai hamko ye softwere mobaile me downl6od karna hai to kaya karne ke hamko bataie pls
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.
My live charts shows supertrend Trading system.
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?
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.
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!
hi Rajan,
How can i download this intratrend AFL code, is it different from supertrend AFL ???