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)

Ichimoku Weekly Cloud Chart for Nifty, Shangai Composite and Hang Seng

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Weekly Charts of Nifty

Weekly Charts of Hang Seng

Weekly Charts of Shangai Composite

From the above shows the Ichimoku cloud charts(Weekly) of Nifty(India), Shangai Composite(China) and Hang Seng(Hong Kong). All the above charts convey only one single information to investors. i.e these indices are trading very close to the Ichimoku cloud supports and the breakdown will lead to the true start of the bear market until then playing with Equity longs are safer.

Ichimoku Cloud Supports on Weekly basis

Nifty – 4800(Very Close to cloud Supports)
Hang Seng – 20000(Very Close to clould supports)
Shangai Composite – 3000(Almost Broken)

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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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