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
JP Associates – Trend Watch
22 sec read
Stock : J.P Associates
CMP : Rs 133.9
There is a low risk buying oppurtunity in J.P associates for shorter term with stop loss of Rs128 on EOD basis as there is a buy signal on the EOD chart.
If J.P associates sustain above the ichimoku cloud on the weekly charts i.e Rs 136 for the current week it can be carry forwarded for medium term gains with stop loss of Rs 124 on WOW basis
Trade is simply based on the expectation of the Trading system and not on prediction based.
JP Associates Daily chart
[wp_ad_camp_5]
JP Associates Weekly Chart
Related
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
Geopolitical tensions have always had a significant influence on the global economy, particularly on stock markets. Investors, both individual and institutional, closely monitor these...
The Hypodermic Needle Theory, also known as the Magic Bullet Theory, is a communication theory that suggests that media messages are injected directly into...
stopped out! I think this is best to be traded in 124-138 range.