Nifty and Bank Nifty hourly charts are shown. currently both nifty and bank nifty is in prolonged buy mode and currently the positional trailing supports comes around 5954 and 12289 respectively. Reverse your positional strategy to shorts only if the supports breaks on hourly charts
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preyank bhanawat says
May 16, 2013 at 3:33 pmSir,
I have been a silent viewer of your website.
After a very long research about technical analysis i came to know about your site.
Your super trend indicator is very simple and yet very effective.
your system always keeps us with the trend .
people try to find complex systems to profit but they your system is perfect for trending markets
Sir can you suggest a way to shortlist trending scripts
atul says
May 19, 2013 at 10:06 pmSir apka website bahut acha hai hamko ye softwere mobaile me downl6od karna hai to kaya karne ke hamko bataie pls
Nehal Suthar says
May 20, 2013 at 6:00 pmHi Rajandran R, I downloaded trend magic AFL from this website few days back but for 5 minute time frame it shows few additional signals on my Amibroker than your live chart of Bank Nifty for the same time frame. Can you please let me know why there is such a difference? Thanks in advance.
Rajandran R says
May 20, 2013 at 7:17 pmMy live charts shows supertrend Trading system.
Nehal Suthar says
May 20, 2013 at 8:20 pmThanks for reply. Even for super trend there is some issue as mentioned below:
Today I downloaded super trend AFL from your website and started watching it for Bank Nifty on 5 minute time frame. One thing that I noticed was that it shows different results than what it shows on live charts available on your website(https://www.marketcalls.in/livecharts/bank-nifty).
For example, last signal generated today in Bank Nifty was sell call. On your website it shows that it was sell from 13231 while my Amibroker for the same time frame shows sell call from 13203.
Can you please let me know the reason for these differences?
Rajandran R says
May 20, 2013 at 10:12 pmmy Parameters are ATR= 7 and Multiplier= 3 for Nifty and Bank Nifty. Whereas default parameters in supertrend is ATR =11 and Multiplier = 2. Kindly change it.
Nehal Suthar says
May 21, 2013 at 9:40 amThanks again for prompt reply Rajandran. If possible, can you please update back tested report of super trend indicator till today on this website? This will be very useful for your followers. Thanks!
zainuddin says
May 23, 2013 at 10:41 pmhi Rajan,
How can i download this intratrend AFL code, is it different from supertrend AFL ???