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.
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Dear Rajandran sir nice work.how can i download intra trend afl .
Intratrend AFL is not an open source AFL code and it is not available for public download
please tel l me how to backtest in mt4
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