Nifty and Bank Nifty are still in buy mode trading below the intermediate resistance 200MA line. so as per the last post we had exited our longs and waiting for the next trade. The next trade setup could give a re-entry in long if nifty moves and trades above 200MA line on the 90 min timeframe.
Nifty(Spot) and Bank Nifty(Spot) turn to buy mode on the 90 min charts last friday with cloud supports coming near 5212 and 10042 respectively. The 200MA could offer resistance on the 90 min charts and the values are 5357 and 10447.