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
Here the Buy call is to hold the stock until the Guppy Countback trailing stop loss holds. Trailing Stop loss will be actively monitored here. If possible charts will be posted here in this same thread as comments are image enabled.
Sample Chart of Nifty Hourly Guppy Count back trading system which suggest a long trade only if nifty trades above 5120
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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
It is a long-pending request from the Marketcalls Readers This Mini-Course on Options Trading in Indian Markets gets you the basic building blocks about...
WHAT ABOUT 1ST TARGET?
SL = 60.80
Yes stop loss on EOD is 60.80. Its a hold until the stop loss hits on EOD basis.
We are not trying to predict anything. Just trying to ride the trend
Please tell me where i will get trin and rsi2. It was avalilable in your earlier bolg site. But you have not added it to your new site.
Markethypothesis
Idea again retains the buy with the stop loss of 60.8