Rajandran R Follow Creator 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

Trin Declines from 1 strongly

August 13, 2009 22 sec read

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TRIN declines from 1 shows easing of negative sentiment.Market also comeback after a strong bounceback from 4359 levels. Now the buy signal continues. Also the minimum criteria for the bull signal is 5/13 EMA crossover which happens today.

Nifty TRIN

So the buy signal continues with Investor stop loss around 4530. Investor should conider an exit if Nifty closes below 4530. MACD shows negative divergence. So Investors should cautious in his position until the negative divergence pattern fails.4530 is the Strict EOD stop loss in your Investment below 4530 warns a bear trap for the investors.