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 BankNifty 90 min charts update for 28 Feb 2011

20 sec read

Nifty 90 min Charts

[wp_ad_camp_5]

 
Nifty and Bank Nifty in sell mode with ichimoku trailing cloud stop loss near 5440(approx) and 10610(approx) respectively. Longs are recommended only above the cloud resistance. Even if one is interested in longs stop loss should be kept very near to 5300 as higher open interest built up in 5300pe indicates put writing. Put writers are at the moment on the view that 5300 would be a great support as of now. If nifty breaks below 5300 then it is a indication of caution towards the continuation of downtrend.

Bank Nifty 90 min 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)

Nifty Futures – Risk of Holding Longs Increasing

Nifty Futures since the last 8 trading sessions have been crowded by shorter-term buyers and currently, the trading context show that there is risk...
Rajandran R
16 sec read

Nifty Futures – Trading Inventory goes Short to too…

The Nifty Futures October series is witnessing a consistent influx of short-term sellers on a daily basis. Over the past four consecutive trading sessions,...
Rajandran R
48 sec read

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
14 sec read

4 Replies to “Nifty and BankNifty 90 min charts update for 28…”

  1. Thanks Sir for the Kind words of appreciation.

    The motive wave free trial is expiring .what to do?I have become addicted to it after u introduced it here.

    Sir can u post an article at ur lesuire, for the new Amibroker trial version users.How to set it up correctly? Data fetching details? etc .Ur old posts links/new screenshots in that will be of great help .How do u compare it with other softwares as QT ?

    Thanks and regards

  2. aar vee, motivewave ultimate edition will expiry in 30 days but still u get use standard edition for lifetime free, for me yesterday free trial expiry still iam using motivewave no problem but only certain features u cannot apply in free edition , motivewave free for lifetime

  3. Hi Rajendran,

    My motiwave is expired today and not loading.

    How could I get the standard edition ?

    Thank you in advance.

    ==========

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More