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 Look Below Balance and Fail – Targets 15400 in Short Term

21 sec read

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 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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