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 BankNifty August Futures Outlook – II

14 sec read

Nifty Futures

 
Nifty and Bank nifty is in sell mode for a very long time in the hourly intratrend charts. Currently the resistance zone is coming around 5638 and 10033 respectively. Also the stochastic momentum indicates increasing from very extreme readings in nifty. An increasing stochastic momentum on nifty hourly charts suggest a recovery from a bottom. Reverse your position to longs when the resistance breaks on hourly charts.

Bank Nifty Futures

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 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

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
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...
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38 sec read

4 Replies to “Nifty and BankNifty August Futures Outlook – II”

  1. Dear Rajandran,

    I am ashish purohit from jaipur and i have ben watching your site for long now..i am in a sales job and wanna switch to research part…i know little about technical analysis but wanna learn more…can you help me in this.

    regards
    Ashish Purohit

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