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.

Long Term Supports Tested

10 sec read


 

Nifty today tested the long term Support levels near 4800 and trading with a minor bounce back from this levels.
The Nifty Failing to close below 4800 on EOD basis could be extremely bearish. 4800 is the long term EOD support
zone now.
 
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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0 Replies to “Long Term Supports Tested”

  1. Here is a typo errrThe Nifty Failing to close below 4800 on EOD basis could be extremely bearishChange this to The Nifty Failing to close above 4800 on EOD basis could be extremely bearish

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