Rajandran R 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

SGX Nifty Crashed trading below 4900 levels

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SGX Nifty 5 min Chart

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Currently SGX Nifty is down more than 250points from yesterdays levels and the global cues are strongly unsupportive. Nifty EOD Supports are near the zone 5000-5020 levels breaking this on EOD basis could result in more weakness in the system. Traders can wait and go for buy if nifty holds 5000-5020 zone on EOD basis.

Rajandran R 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

3 Replies to “SGX Nifty Crashed trading below 4900 levels”

  1. Resp sir,
    i read your post related First Charting software & download it. but after installing it doesn’t connect to server and also there is no presence of Nifty chart and Stock. I am using GCI MT4. So plz give me the solution to operate first charting software with nifty and related stock with MT4 platform.

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