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Rajandran R Creator 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

Nifty Daily Charting using 13-34-55 EMA Principle

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Applying 13-34-55 Strategy to Nifty daily charts we are able to find that nifty is trading at ultimate supports ie at 55 EMA(4077).

Possibly a bounce back from this level towards 4155 for this will make nifty a range bound behaviour between
4155-4450 levels. Failure to sustain on EOD basis will take nifty towards 3716
Source:
www.marketcalls.in
Rajandran R Creator 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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One Reply to “Nifty Daily Charting using 13-34-55 EMA Principle”

  1. i am not aware of trading softwares but trading in zerodha by using supertrend indicator
    i need more knowledge regarding stockmarket
    thanking you

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