Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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

28 sec read

Nifty EOD Chart

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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 Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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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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