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.

30 and 60min charts of Nifty for 1st November 2010 trading

27 sec read


[click on the charts for bigger picture] 30 min and hourly nifty charts are shown in the above picture with both the 13-13 Wilders Moving Average Channel Offset trading system and Ichimoku Cloud Trading strategy. Almost all the charts are in sell mode.

 
It is recommended to follow any one strategy at any point of time and not to switch the strategy while you are in trade
1)Hourly Ichimoku Indicates a buy above 6054 and 30 min charts indicates a buy above 6019
2)Similarly 13-13 WMACOTS indicate a buy above 6075 and 30 min charts indicates a buy above 6049

Its not a buy and hold strategy. But a shorter timeframe strategy for 50-75 pts returns. One your targets got achieved its advisable to book profit before the next signal arrives .

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.

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3 Replies to “30 and 60min charts of Nifty for 1st November…”

  1. Sir, im using chartnexus. how to set 30 min chart and 1 hr chart in that.
    and one more thing,im unable to download amibroker nse database from ur site.
    thanks

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