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 Futures Extreme Indications – Short Term Overview

14 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 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

Understanding How FIIs and Proprietary Traders Approach Index Futures…

The derivatives market is a dynamic space where various participants employ unique strategies tailored to their goals and risk appetites. Among these, Foreign Institutional...
Rajandran R
3 min read

Nifty Futures – Short Term Sellers Trap?

Nifty December 2024 Futures started with trapping the sellers who shorted on Thursday trading ending the month with strong comeback from the very...
Rajandran R
35 sec read

Reliance Jio IPO: Market Sentiment Shift and the Bullish…

The announcement of the Reliance Jio IPO, slated for a 2025 listing in Mumbai, has triggered a seismic shift in market sentiment. This news,...
Rajandran R
2 min read

One Reply to “Nifty Futures Extreme Indications – Short Term Overview”

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More