Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

RRG Study : World Indices and Indian Sectors Aug 2016 Outlook

35 sec read

Relative Study with respect to S&P 500 index
RRG World Market

Above charts shows the RRG charts of world indices w.r.t SPX 500. It is observed that Sensex is relatively having momentum build up and likely to enter from improving quadrant to leading quadrant which indicates possible out performance compared to the benchmark index S&P 500. Rest of the other markets relatively pose a falling momentum. Brazil Bovespa this week moved into the weakening quadrant indicating the possibilities of under performance. Shangai SSEC showing under performance so far with stable momentum.

Relative Study with respect to NIFTY 50 index
RRG Sector Update

Lets discuss about RRG charts of Indian Sectors w.r.t NIFTY 50. Increasing momentum observed in Nifty Realty, Nifty IT, Nifty Media & Nifty FMCG and outperforming Nifty 50 index as well whereas falling momentum in Nifty Metal, Bank Nifty CNX Energy, CNX Pharma & CNX PSU Bank.

CNX Auto, CNX Infra, CNX MNC are currently building momentum and also in the leading quadrant indicating short term out performance.

RRG Sector Update 2nd chart

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

RRG Study : World Indices and Indian Sectors Aug…

It is observed that Sensex is relatively having momentum build up and likely to enter from improving quadrant to leading quadrant which indicates out...
Rajandran R
35 sec read

VIX FIX Signals a possible bottom in Nifty Futures?

Willam VIX FIX study has been applied over the daily and weekly charts of Nifty futures. And VIX FIX turning down from the peak...
Rajandran R
20 sec read

RRG Study : Indian Sectors May 2015 Outlook

Bank Nifty, CNX Finance, CNX Auto are the sectors are in underperforming mood with Bank Nifty and CNX Finance with a descent momentum. And...
Rajandran R
29 sec read

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