Hourly charts of nifty shows that it had recently built the resistance cloud zone near the 5400 zone. Its recommended to be in short above 5400. Reverse the trade if nifty reverses above 5400
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Rajandran R Follow
Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Nifty Hourly Trending Downwards?
7 sec read
Sir ,
The ichimoku cloud (gold,daily )in the stockcharts and gci software are showing different results with same parameters (3,13,16) . In stockcharts the candle is way below the cloud whereas in gci software the candle is in the cloud . Why such difference and which one to follow .
tx.
DEAR SIR…I WANT IEOD DATA FROME JAN-2010 TO JUNE-2010 IN EXALE FORMATE PLS HELP ME SIR….