Rajandran R FollowCreator 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 August Futures Market Profile Review on 23rd Aug 2023
11 sec read
Tradedge 11.0 – Intensive Online Mentorship Program
Learn how professional traders read the markets using Market Profile, Orderflow & Volume Spread Analysis (VSA)
✔ Build high-probability trade setups
✔ Understand institutional price behavior
✔ Trade Nifty, Bank Nifty & Stocks with structure
✔ Improve entries, exits & risk management
✔ Develop disciplined trading psychology
✔ 85+ Hours of Live Interactive Learning
Nifty Futures created a temporary resistance around 19435 levels (visual short term reference) forming a super poor high on tuesday trading session and currently auction in a very short term is focussed towards 19250 levels breaking the last week low.
Higher timeframe auction still maintains down. Things could change if there is a sustainable close above 19520 plus levels.
Related
Rajandran R FollowCreator 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.