Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Nifty Hourly Cloud Indicator Update for 11 Oct 2010

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Nifty maintains the Hourly Sell signal but likely to start on monday with bullish kick…. The hourly resistance line is near 6170. Which could be the trend deciding factor for shorter term trend.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

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8 Replies to “Nifty Hourly Cloud Indicator Update for 11 Oct 2010”

  1. Sir,

    I have downloaded the chart nexus – free down load version. In this how to configure, intra day,various time chart,ticks say half an hour,hourly, etc

    Thanks

  2. sir ,
    please throw some light on commodity charts with nma signals for eod charts .plz suggest the parameters also . and from where to get data for the same for ami .tx in adv

  3. This is so contradicting…

    How can it be 6170, If you’ve set parameters as 3,12,18….???

    Standard Line – 15

    Turning Line – 3

    Delayed – 12

    Spans Period – 18

    Now by using these parameters — cloud comes to 6181.13

  4. Even after making standard line as 11 & other parameters as mentioned earlier.. Its 6181.13 NOT 6170..

    For sure this is difference in the formula…

    I used your old Ichimoku formula & simply changed the Parameteres….

    AS the new one Has Buy / Sell signals – which I dont want..

    But I dont think so that whole formula is new.. Is it…???

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