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 Mean Reversion is must

14 sec read


 

Now there is a huge gap existing between the Nifty spot price 4318 and the Nifty 5 EMA(4016) and Nifty 13 EMA(3776).EMA Principle is that mean reversion towards the EMA line will happen if there is a huge gap exiting between the EMA values and Actual Price values.

Then the fair value of nifty is either 3776 or 4016. Waitng for Nifty to Mean revert
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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One Reply to “Nifty Mean Reversion is must”

  1. Hi Rajandran,Agreed to the theory 100%. I even feel from today’s candle pattern, that if Nifty trades and closes below 5 DMA it can retest the 200 Weekly MA support. Huge resistance is there at 4500. Nifty need to break that to go up.RegardsIndrajithttp://stockmaniacs.blogspot.com

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