Rajandran R FollowCreator 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 3 year Charts and 50 day Stock RSI
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Nifty CMP : 4283
Check out the earlier signals from Stock RSI which is currently at
oversold levels – 85.2. Stoch RSI showing a clear Earlier signals Before every Meltdown in Nifty. Investors are requested to remain cautious as we break the major future support levels 4378 and 4311. Every Rise could be used as a oppurtunity to sell. Traders can concentrate on September Nifty Shorts as the expiry is nearing.
Supports : 4250 and 4162 few bouce backs can be expected at these level and Nifty Upside limited to a maximum upside of 4508 before a breakdown journey
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Rajandran R FollowCreator 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
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