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.