Rajandran R Creator 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.

Dedicating Red Candles to Nifty

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In Comming Weeks, Nifty Weekly Charts may show you Red Candles  if 2800 is not surpassed on the upside

As per 5 EMA Strategy Still Nifty Weekly Charts Shows a Sell Signal with Positive Breakout only above 2800. And Anything Below is a sell.

For this Week we ended with Indecesive Candle So Clearly monday we would have some direction with weekly resistance at 2800 where exctly 5 EMA  Resistance comes.

And As per Daily Chart Anything above 2720 is a Buy… and anything below 2700 is a sell….. CMP : 2714 … I donno which side the dead cat is going to fall coz market ends with such a  indecisiveness

Rajandran R Creator 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.

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