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.

13-13 Wilders Moving Average Channel Offset Nifty and Reliance EOD Charting Analysis

28 sec read

Nifty EOD Chart

 
Nifty EOD chart is shown with 13-13 Wilders Moving Average Channel Offset indicator is shown with Buy or Sell Signal. Currently on the EOD charts nifty remains in sell signal since 28th July 2011. After Achieving the lower bottom nifty tested the EOD cloud resistance zone 5160 levels. Now once again nifty restested the cloud.
Currently EOD Resistance is near 5115. Breakout above 5115 warns the end of the bearish prolong downtrend.

Reliance EOD Chart

This chart is specially for low risk investors. One can observe a buy signal on 13-13 Wilders moving average after two continous signal failures. Yesterday Reliance EOD charts had turned to buy mode after breaking above the resistance channel 823 zone. Base supports are lying at 797. Low risk investors can grab for oppurtunity in making returns.

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 “13-13 Wilders Moving Average Channel Offset Nifty and Reliance…”

  1. Hi,

    Why i am not receiving any of your post thro mail (nearly above a month) as i have subscribed to feedburner. Now also i subscribed once but it’s showing u hv already subscribed.

    Time permits reply.

    regards

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