[wp_ad_camp_5]
Nifty Future 5 min charts for the past 5 days shows a huge positive divergence Before a breakout
above 200min MA(3360) in 5 min charts.
Rajandran R Follow
Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Divergence Always before a breakout
6 sec read
uptil,where will this upmove take us on the nifty,plz reply,badly stuck in shorts. regds rashmi
200 min MA will act as a support now… which can be found from nsetracker.blogspot.com alsoAlso the daily trend turns Positive today
Final close did not take place above 3440-3450Which was required.Weekly CCI(14) CCI(20) still has diversion
the trin at 2.5,what does it signify -rashmi
2.5 Signfies Overbought Markets