Rajandran R FollowCreator 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
Dow Testing 20 day EMA – Resistance
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Dow runnup more from the lows what next reversal???
About Nifty
Iam little confused myself now with nifty…. Tommrow US market is off (Thanksgivning day)… Boss is leave tommorow…. So what, Nifty may play the upside or else once again remain in a range bound behviour between 2650-2850 as nifty is making alternate buy/Sell signals days continously for the past three days… so only breakout will give the direction move. Now the only negative factor is Tommorow's Trin above 4.1 level which indicates Bearishness. And Nifty trading below 5 day Weekly EMA. Rest all things are clear
So trading is best only after the breakouts.
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Rajandran R FollowCreator 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
