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.

Divergence Always before a breakout

6 sec read


 

Nifty Future 5 min charts for the past 5 days shows a huge positive divergence Before a breakout

above 200min MA(3360) in 5 min charts. 
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 “Divergence Always before a breakout”

  1. uptil,where will this upmove take us on the nifty,plz reply,badly stuck in shorts. regds rashmi

  2. 200 min MA will act as a support now… which can be found from nsetracker.blogspot.com alsoAlso the daily trend turns Positive today

  3. Final close did not take place above 3440-3450Which was required.Weekly CCI(14) CCI(20) still has diversion

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