Rajandran R Follow 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 Quick Flip Short Term Update

November 20, 2018 20 sec read

Nifty Futures 5min Quick Flip

Daily Sentiment continues to be in a positive mode for last three trading session. Quick Flip immediate support comes around 10750-1760 band. Current uptrend is almost 1290 minutes old and interestingly Monday’s session is dominated by emotional buyers and call writers are being active around 10800 levels which puts a cap on Nifty spot with EOD resistance around 10800 levels.

Daily Sentiment

Short-term trend could turn down if Nifty futures manage to sustain below 10750 levels. Any shorter term downtrend could possibly bring 10680 and 10580 levels on the downside.