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.

Reliance 13-34-55 EMA Weekly strategy

15 sec read


 

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.
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 “Reliance 13-34-55 EMA Weekly strategy”

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

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