Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Nifty hourly trading for August 6

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Nifty hourly supports at 5437 failure to hold 5437 will target 5330 zone. Shorts are recommended only below 5437

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

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3 Replies to “Nifty hourly trading for August 6”

  1. sir ,
    any software that gives good buy /sell signals real time for stocks.

    1 more thing , i want to trade in oil etf , where to go ? tx in adv.

  2. Hey Raj,
    Would like to hear from you regarding telecom sector, do you think the dust settled down??????
    I have few questions can you please answer them if possible.
    a) For 3G, Bank have lend money to Institutions very very hugeeee amount….so they think the money will be definitely repaid…
    b) In turn the Institutions are confident of payback..
    c) In period of 7yrs of mobile revolution, say starting 2003 (before 2003 mobile was hardly used.),Institutions have taken bold step to invest few more money, they might have earned so they are confident of their future investment…..
    d) Resource are renewable……..and one time investment….
    with so many +ves why people are so skeptical of this sector……..????
    Don’t they see future in 3G ????

    rutu

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