Rajandran R 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

Nifty Futures Defense around 17500-17600 levels

19 sec read

Smart Money Commitment is observed in Nifty Futures and strong volumes are observed with buyers committing every time the price dips to the 17500 to 17600 band. It is a likely important strong support to consider in a short term.

Smart Money Commitment

Nifty Futures Orderflow Charts

Buyers defended on 30th Jan, 1st Feb, and 2nd Feb and acting currently as a shock absorber around 17500-17600 levels. Despite Sellers dominating at various levels and extremely negative sentiment do you think Nifty will be bottoming out here?

Rajandran R 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

Why Your Stop-Loss Orders Are Secret But Still Getting…

When trading in the markets, two critical concepts often come into play: the Order Book and the Stop-Loss Book. Understanding the difference between these...
Rajandran R
4 min read

Using Stacked Imbalances to Identify Key Market Reversals –…

In trading, identifying precise entry and exit points is a critical skill. One of the most effective tools for doing this is analyzing stacked...
Rajandran R
2 min read

Live Trading Room – Market Profile and Orderflow Training…

Get ready for an immersive five-day live training session focusing on Market Profile and Orderflow, essential tools for serious traders. This event is specifically...
Rajandran R
1 min read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More