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Nifty turns green on Daily charts before the diwali celebration. It turns to buy mode on daily charts after closing above the nifty daily resistance cloud. i.e above 6120 zone on EOD basis. Current supports near 6100-6108.
Rajandran R Follow
Creator 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 turns green on daily charts before diwali
8 sec read
hi RR, 🙂
Thanks for the chart. On the NMA also, into + .
Have a nice day!
Yeh Moh. But it is little late when comparing to Ichimoku Cloud Strategy.