Rajandran R FollowCreator 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
One more oppurtunity to go long in nifty?
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Nifty once again nears the EOD support zone 5000-5020. Though all the shorter term indicators are showing sell mode put writers are still confident of holding their higher open interest position for the past 7 trading sessions i.e since 5th August,2011. One can go long with positionally with EOD support zone as 5000-5020. Position should be close if nifty fails to close above 5000-5020 zone on EOD basis.
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Rajandran R FollowCreator 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
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3 Replies to “One more oppurtunity to go long in nifty?”
Respected Sir,
u r great, i seel u r blog all time, i improve my knowledge from u r site, few monts ago i am using investbulls RT Charts but sir now i am using amibroker but i dont know how to creat AFL, BUT i wnat my own alf, in that case ema 20, 70 & sma 120 & 200 with 1 min chart, when 20 ema cross 70 ema the autometically generat buy or sell signal, when 120sma cross 200 sam then very strong buy or sell, sir anybody u know creater of ALF PLS REPLY ME ( MY ENGLISH IS VERY POOR SO PLS UNDERSTAND SIR)
WARM REGARDS
CHINMAY
R u sure Raj ??
The level as thrown by my system EOD 19-8-2011 is 4990. Unless Nifty closes above this level, there is no
Short term reversal. Whoever is interested in this system, can write to me at [email protected].
Respected Sir,
u r great, i seel u r blog all time, i improve my knowledge from u r site, few monts ago i am using investbulls RT Charts but sir now i am using amibroker but i dont know how to creat AFL, BUT i wnat my own alf, in that case ema 20, 70 & sma 120 & 200 with 1 min chart, when 20 ema cross 70 ema the autometically generat buy or sell signal, when 120sma cross 200 sam then very strong buy or sell, sir anybody u know creater of ALF PLS REPLY ME ( MY ENGLISH IS VERY POOR SO PLS UNDERSTAND SIR)
WARM REGARDS
CHINMAY
R u sure Raj ??
The level as thrown by my system EOD 19-8-2011 is 4990. Unless Nifty closes above this level, there is no
Short term reversal. Whoever is interested in this system, can write to me at [email protected].
Rgds,