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 September Futures overview – I

38 sec read

Nifty Future Hourly Charts
Nifty Futures

 
Nifty september futures turned to positional buy mode and currently the support zone come near 5264 zone. Reverse your position to positional shortly if the support zone breaks on the hourly charts. On Contrast Bank Nifty still on the positional sell mode and trading very close to the resistance zone 9039.

Bank Nifty Hourly Charts
Bank Nifty Futures

Few Key points to remember

– Huge volatiltiy in the India Vix Movement for the past three days. And the volatility is likely to come down in the upcoming days very slowly.
– Huge Price divergence now between nifty and bank nifty. Bank Nifty is a underperforming nifty heavily for a longer period of time since Apr 2013.
– Now the price divergence is now built between Nifty and Reliance where Reliance is likely to outperform Nifty

SIP Investing in Reliance Charts
Reliance SIP Investing

For SIP investors can invest in Reliance with base support coming around 760. SIP investing should be dumped if 760 level breaches on the closing basis.This investment decision is based on the reliance weekly intratrend charts adhere to the rules.

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...
Rajandran R
38 sec read

One Reply to “Nifty and Bank Nifty September Futures overview – I”

  1. dear sir i have watch your software in online . very use full for daily trading i am in trading only nifty options.
    i need for nifty and oi and volume watch software.

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