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 Showing Trend Reversal and Positive Momentum

14 sec read

Nifty Futures quickly recovered from US-IRAN tensions which were impacting the market mood in the short term. However, it quickly recovered on Thursdays trading session and managed to close with a double distribution with a single print reference at 12220 levels.

Short term trading sentiment is positive 12220 levels likely to act as a major support band for the upcoming series and the odds of fresh all-time high increased.

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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