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Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty and Bank Nifty maintains the Buy Trend on 90 min charts

18 sec read

Nifty 90 min charts

 
Nifty and Bank Nifty maintains the Buy mode with nifty just testing the ichimoku cloud supports followed buy a bounce back. Also Nifty had closed above the 200 period moving average on the 5min charts on the intraday charts during the end of the weekend mostly signifies the strong trend continuation on the upper side.
Nifty and Bank Nifty suppports upgraded to 4694 and 8191.

Nifty Intraday Charts closes above 200period Moving Average over the Weekend

Bank Nifty 90 min Charts

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
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