Marketcalls
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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

Reliance 13-34-55 EMA Weekly strategy

16 sec read


[wp_ad_camp_5]

 

Applying 13-34-55 EMA strategy along with 2 period RSI to Weekly charts. We could able to 

find that reliance possibly could trade at ultimate supports as the EMA supports 34 EMA and
55 EMA(weekly) are very close to the price(1835). And also RSI-2(weekly) value near 5 suggests
that correction in reliance probably might be over temporarily and could outperform nifty in short term
in coming weeks.
Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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
«
»

Nifty and BankNifty 90 min charts update for 16th…

Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode...
Rajandran R
Mar 16, 2011 10 sec read

Nifty and BankNifty 90 min charts update for 15th…

Nifty turns to buy mode with cloud supports coming near to 5460-5470 zone. And Bank Nifty still in sell mode with resistance near 10900....
Rajandran R
Mar 14, 2011 9 sec read

Nifty Week End Review

Nifty week end review on daily and 90 min timeframe and Nifty Option Details
Rajandran R
Mar 12, 2011 34 sec read

One Reply to “Reliance 13-34-55 EMA Weekly strategy”

  1. Rajendran sir,what is your opinion about ICICI.It has also corrected heavily.

Leave a Reply

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