Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.

Nifty Look Below Balance and Fail – Targets 15400 in Short Term

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Nifty Futures on the Daily Chart trading in a 1000 points range between 14400 – 15400 approximately for more than 2 months. It is broadly a sideways market with high volatile intraday fluctuation.

However current sentiment could turn positive if Nifty Futures is able to sustain above 14825 levels which could bring a potential look above and fail bullish trade setup focusing towards the other side of the balance as the target i.e 15400 in the next 2-3 trading weeks.

What do you think? One more All-Time High coming in Nifty Futures this series?

Related Readings : Nifty Hedged Futures – Apr 2021 – Short Term Overview

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. 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. Now the recent curiosity on building Trading AI Agents.

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