Rajandran R Telecom 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)

Will the Nifty Futures Fat Tail Signal Comes to an End?

24 sec read

The chart shows the Quickflip trading strategy in the 5-minute timeframe and currently, the signal is running long since 28th Nov 2023. We are on the 8th day of long signal continuation. Such signals I prefer to call as Fat Tail trades which are very rare in nature for a short-term period like a 5-minute timeframe. Usually such signals tends to happen in a very strong trending markets.

Usually, such signals come to an end from the short-term perspective within 8-10 trading sessions. This brings the odds of anticipating very short-term corrections towards 20880 – 20900 levels.

The current Signal is running for almost 575 bars in 5-minute timeframe and this is the 4th Fat tail signal for this year 2023.

Rajandran R Telecom 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)

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