Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty one final sentiment needed to break the bear market

20 sec read


 

Nifty CMP : 4504

Almost All the Indicator Turn Bullish Except one Hurdle. 20Day EMA Weekly Resistance currently at 4528. And Today We are not able to cross today. Stiff Resistance to
need to be crossed to speak about higher targets in nifty.

EIA Petroleoum status report to be released tommorow will confirm the price action
of crude by tommorow night. Still one last sentiment to break this hard rock to enter into the bull zone

Crude : 107.54

Also Rising rupee factor is good or bad to Nifty…. Iam not able to correlate with nifty

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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