Nifty 90 min charts turned to sell mode on last friday. Now the strategy becomes sell with trailing stop loss of 5500.
Rajandran R Follow
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)
Nifty 90 min Charts for 21 Feb 2011
5 sec read
in chart pattern show sell indication with SL 5455 for TGT 5338
Its afternoon but nifty stil trading in nagetive zone which show weekness in rate sensitives sector due china cencern …my view stay way from sectors like realty , infra, auto small cap. Banks etc…
writing here, in volumedigger joy release odin to amibroker software both free and paid . if any one try that.
No Kalyan, Need to check it out. Last few days just out of sync from updates 🙂