Rajandran R Follow Creator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.

Nifty one final sentiment needed to break the bear market

September 2, 2008 19 sec read

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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