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

Forget Reliance Go Hero Honda!!!

20 sec read


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Stock : Hero Honda
CMP : Rs 844.7
1 Year High : Rs 898
3 Year High : Rs 940


Hero honda one of the bull stock in Nifty for the past 1 Year. May be the only positive stock in your portfolio.Charts shown here is a 3 year weeky charts with bullish EMA patterns. Stock shows all the possibilites of bull market
behaviour. Even stands above 200MA . Even Coppock Indicator Say Buy – Hero Honda 

Possibly Hero Honda Could Test above 900 in 1-2 Weeks before a minor sell off begins as RSI-2 is near
heavily oversold levels.
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

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