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)

Nifty SDA2 EOD trend trading charts

18 sec read


Nifty is in buy mode on EOD charts since May 27 as per SDA2 trend trading strategy with trailing supports lowered from 5447(as posted earlier ) to 5425. Still Put writers
are active in 5400PE as there is higher open interest built up in current option series. Traders can remain in long positions as long as nifty holds 5425 on EOD basis. Position should be reversed to shorts if nifty closes below 5425 on EOD basis which could trigger sell signal on the EOD charts.
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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)

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