Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)
Nifty Futures Showing Trend Reversal and Positive Momentum
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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 FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)
Nifty November Futures ended very close to an all-time high Every micro dips in the November series got bought. Short-term buyers totally dominated the...