Nifty on the Daily charts has been turned to sell mode on the supertrend charts this monday ( 23rd July 2012 ). And the Supertrend Composite indicator too turned negative i.e to sell mode on 24th July 2012 which indicates possible shorter term bearishness. Currently the supertrend trailing stoploss resistance line is near 5307.
Watch Autoupdated Supertrend EOD charts with with Composite Indicator for Nifty Spot and Nifty 50 stocks.
Related Readings and Observations
Will Nifty Close above 5850 for January Options Series? Nifty on the EOD charts with supertrend indicator is in buy mode since the start of december month and currently the support zone is coming close to 5860
Nifty EOD Supertrend charts – Quick Update Nifty is currently trading near 5780 and any attempt to close above 5740 on EOD basis will result in Buy Signal on Nifty Supertrend EOD charts.
Nifty Technical Analysis Dec 1st 2011 Nifty opened negative in the morning and continued to play in the range of 4750 to 4850 since 3 sessions. Good for option-writers who started to eat premium as they are high in the […]
Nifty EOD SDA2 trend trading charts Nifty turned to buy signal on last friday on the EOD charts as per SDA2 trend trading system. Which indicates that the medium term nifty is likely in the buy mode and chances of […]
Nifty SDA2 EOD trend trading charts 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 […]
Nifty EOD SDA2 Trend Trading charts Nifty EOD SDA2 Trend trading charts are shown. Daily charts are in buy mode with trailing supports coming near 5447-5453 range. Any close below 5447 warns the medium term trend to turn […]
Swetal says
July 26, 2012 at 3:14 pmHi,
Where can i get the AFL code for Super Trend (As in the pix you have posted in this page) along with the MACD charts attached below in the same page?
Appreciate your help. Thanks.
Swetal
Rajandran R says
July 26, 2012 at 3:26 pmThe above composite indicator afl code is not for public download.
Manish Shah says
August 3, 2012 at 1:44 pmHi Rajendra
what is the difference between ‘NIFTY SUPERTREND COMPOSITE UPDATE’ and ‘NIFTY 90 MINUTES CHART’
I was reading both and in one you have mentioned nifty is in down trend and in other you have mention nifty is in up trend so how to differentiate both?
Best Regards
Manish
Rajandran R says
August 3, 2012 at 1:56 pm@manish shah
Nifty Supertrend Composite Updates are for Delivery based followers who wants to know the current trend of nifty and whether to take deliveries in Nifty 50 stocks are not. It gives the strength of nifty for Investors.
And Nifty 90 min ichimoku cloud update are generally for postional lovers who loves to trade positonally only in nifty and bank nifty.
ALI PASHA says
December 15, 2012 at 9:00 pmI NEED ‘NIFTY SUPERTREND COMPOSITE UPDATE’ and ‘NIFTY