Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. 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. Now the recent curiosity on building Trading AI Agents.
Nifty Daily Charting using 13-34-55 EMA Principle
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Nifty CMP : 4463
Applying 13-34-55 EMA principle to Nifty Daily chart it if found that Nifty close below 13 EMA line(4463).
Now next level of support comes near 34 EMA(4183). However recovery and close above 4463 indicates
Positive trend to continue.
Now Investor's Buy Comes only above 4463
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Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. 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. Now the recent curiosity on building Trading AI Agents.
so, if close above 4463 on EOD shall we go for long??
@SujathaMarket is not giving chaces towards 4463
Yes sir, it's very sad, bulls takes a month's time to come up, bears took charge within a weekExpecting eagarly for your next post.