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.

Nifty Trend update for 28th Jan 2008

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Nifty Trend update for 28th Jan 2008

Nifty trend turns from negative to positive.But still the upside looks capped
 
5 Day EMA Support : 2744
5 Week EMA Resistance : 2804
20 day EMA Resistance : 2823
31 day EMA Resistance : 2860
 
Nifty have to breach a series of resistance zones 2804,2823,2860 to return
to normal bullish view. Failing to close above 2744 is a clear breakdown signal.
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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