Marketcalls
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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

Nifty and MYself

29 sec read

Baltic Dry Index is Melting…..
Crude is Sinking…..
Commodities are dragging down…..
Yen is Sinking……
Dollar…. It is still a mystery
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Iam really tired of Watching All these things…. I thought these could be the external factors that could affect nifty…. I confused myself and so the decisions here. External Factors doesnt help you if are an fine tuned nifty trader.

It not the economy make the stock market tumble…. Its the Excess Greed Makes the market tumble. Still Now Nifty is not in the mood to crack its supports right from 4350. As of Strong Supports around 4900 and 4960(All GANN Supports).Moreover Bulls are busy in writing 4700,4800,4900 puts.

Stop Reading External Factors and Start Read Nifty!

Let External Factors be External Factors!
Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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
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2 Replies to “Nifty and MYself”

  1. i guess we still have bears in the market, including you and me and thats the reason we are helplessly seeing the markets rise and rise again. all my correction hopes have been dashed, every time i short the market. as the saying goes the day the most fierce bear thinks of going long.. the market will crash.

  2. Yes Anwar You are probably right. Any how market gonna fell one they. But why we have to miss a nice trade if it is not breaking the support zone.If we are not able to use the technical concepts properly then wats the use of learning it?

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