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.

Nifty Hourly Charts update

12 sec read


 

Nifty hourly charts shows that a bearish 13/55 EMA bearish crossover with resistance near 4516 and 4540 levels above that nifty could target 4620 levels Bearish Negative Divergence pattern is still building to crack the bulls.

And On EOD basis still nifty needs a sustainability above 4486-4473 levels for the uptrend to continue.
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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