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

Infy Spot : Positional Strategy

16 sec read

Infy Spot 15min Charts
Infy Spot
[wp_ad_camp_5]

 
Infy Spot 15min charts shown above. Currently infy turned to positional buy mode with Huge Surge in the Volumes at last hour of Trade. CMP : 2404 and the Current Trailing Stop Loss comes around 2272. Similar Patterns is observed in futures market also with huge surge in volume. Exit your longs if the trailing stoploss hits on the 15min charts on the close of candle below 2272 on 15min closing basis.

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

Stocks to Watch out on Union Budget 2015

In My last article, I mentioned about trading budget and market related to budget. In this one I will shed light on the stocks...
Balaji
49 sec read

Tata Consultancy Services-PBT Technical analysis

Tata consultancy services is one of the few popular stocks in the service sector.But recently-it moved into a Range bound environment which caught my...
Balaji
28 sec read

7 Long Term Charts to Watch

CNX Small cap index maitains the long term sell mode since Jul2014 and currently on the verge of breakout any close above 5291 on...
Rajandran R
46 sec read

Leave a Reply

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