Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. 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
Possible Head and Shoulders Pattern in Nifty
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Nifty hourly charts shows the formation of head and shoulders pattern with head forming around
4700 and Shoulders around 4600 zone with Neckline supports at 4350. Target line is at 3900
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Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. 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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3 Replies to “Possible Head and Shoulders Pattern in Nifty”
Sir i have earlier made loss in Provogue and then recently in Glenmark. But again sir on yr recommendation i entered in Glenmark… ? Now what should i do ? Should i exit once again ?
Sir I have brought 2000 RNRL @83.9 what should i do?. I have also [email protected] Qty 200 shell i hold or book loss
Glenmark is a trade with strict stop loss of Rs 240 as i mentioned in my gupshupblog
Sir i have earlier made loss in Provogue and then recently in Glenmark. But again sir on yr recommendation i entered in Glenmark… ? Now what should i do ? Should i exit once again ?
Sir I have brought 2000 RNRL @83.9 what should i do?. I have also [email protected] Qty 200 shell i hold or book loss
Glenmark is a trade with strict stop loss of Rs 240 as i mentioned in my gupshupblog