Rajandran R FollowTelecom 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)
Nifty Supertrend Composite Update
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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.
Rajandran R FollowTelecom 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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5 Replies to “Nifty Supertrend Composite Update”
Hi,
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
The above composite indicator afl code is not for public download.
Hi 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
@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.
I NEED ‘NIFTY SUPERTREND COMPOSITE UPDATE’ and ‘NIFTY
Hi,
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
The above composite indicator afl code is not for public download.
Hi 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
@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.
I NEED ‘NIFTY SUPERTREND COMPOSITE UPDATE’ and ‘NIFTY