Rajandran R FollowCreator 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.
Tracking Nifty Using 5 EMA and RSI-2
8 sec read
RSI-2 bounced back from 4.78 to 55 levels. But still 5 EMA Resistance is not yet broken 2932 as of now. Now Nifty’s Maximum Upside is limited to 2813+ 150 pts = 2963 pts. Go Long if nifty closes above 2963. Else Nifty is a clear short signal
Related
Rajandran R FollowCreator 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.
