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.

Nifty Daily Charting using 13-34-55 EMA Principle

11 sec read


 

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

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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0 Replies to “Nifty Daily Charting using 13-34-55 EMA Principle”

  1. 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.

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