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.

Ascending Triple Top Breakout in Nifty

10 sec read


 

Though yesterday nifty closed negative. It tested above 4449 levels and made Ascending Triple top

breakout as per P&F chart patterns. Now shorts should be initated below 4470. Till then avoid shorts.
Next level of resistance comes near 4600-4650 region. Let wait and watch.
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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