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 Futures Extreme Indications – Short Term Overview

13 sec read

Nifty futures is showing extreme indications with quick flip currently in sell mode. Resistance upgraded to 10667. Price holding above 10667 could bring a possible test towards 10725 levels and 10800 levels. Current downleg of rally started post the India Quarterly GDP announcement. So far the current sell-off is attributed to Global Market sell-off.

Nifty futures daily trading sentiment continues to be negative with island reversal pattern formation.

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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