Rajandran R FollowCreator 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
State of the Market
5 sec read
Interesting toon which depicts the current state of the market. Love to see the bear waiting for its turn to come!
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Rajandran R FollowCreator 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
Just an old Road Runner show which imitates how an investor will reactwhen buying at the top and during the dead cat bounce...
5 Replies to “State of the Market”
Raj,Nice one.Will the show expires @ 2940? All lines show stronger resistance there.Can you share your ideas on how do gold/commodities are being traded and something more about options?
Selva,Let see right now 2808 and 2830 are strong resistance. Let see will it holds or breaks
I THINK TILL EXPIRY MKT. CAN HOLD OR CAN MOVE UPTO 2940 LEVEL BUT AFTER EXPIRY THE FALL WILL BEGIN AGAIN……. TAJINDER
dearraj,great call,shivvani oil hs started to move up,stoploss shud b around 96 regds rashmi
Raj,Nice one.Will the show expires @ 2940? All lines show stronger resistance there.Can you share your ideas on how do gold/commodities are being traded and something more about options?
Selva,Let see right now 2808 and 2830 are strong resistance. Let see will it holds or breaks
I THINK TILL EXPIRY MKT. CAN HOLD OR CAN MOVE UPTO 2940 LEVEL BUT AFTER EXPIRY THE FALL WILL BEGIN AGAIN……. TAJINDER
dearraj,great call,shivvani oil hs started to move up,stoploss shud b around 96 regds rashmi
Yes rashmi it is a breakout towards 120