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)

Super Composite Trend Indicator turns Sell Signal in Nifty Daily charts

8 sec read


[wp_ad_camp_5]

 
Super Composite Trend Indicator turns to sell mode in Nifty Daily charts and the supertrend trailing stoploss coming near 5402. Do you really feel that nifty this series will expire/end below 5400 for this current expiry?

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 Futures – Risk of Holding Longs Increasing

Nifty Futures since the last 8 trading sessions have been crowded by shorter-term buyers and currently, the trading context show that there is risk...
Rajandran R
16 sec read

Nifty Futures – Trading Inventory goes Short to too…

The Nifty Futures October series is witnessing a consistent influx of short-term sellers on a daily basis. Over the past four consecutive trading sessions,...
Rajandran R
48 sec read

Nifty and Bank Nifty futures September Overview – III

Nifty and Bank Nifty futures hourly charts are maintaining the buy mode. Currently the supports zone comes around 5799 and 10000 respectively. Reverse to...
Rajandran R
14 sec read

7 Replies to “Super Composite Trend Indicator turns Sell Signal in Nifty…”

    1. @Drjibansal

      1)The analysis is done on the daily charts indicating that more chances are there that for the next 10-20 days 5402 wont break. Probably it could end in a
      downtrend.
      2)5402 stop loss is based on EOD basis as the analysis are done on Daily charts.

  1. Hi Rajandran R,

    Could you please guide how to write a code for Stop loss and Trailing stop loss in AFL code and where to place it.

    Thanks,
    Homesh.

  2. Hi Rajenderan, i need ieod data for MCX SIlver and Gold, so that i can test my strategy, can u able to give me a suggestion to get data

  3. Hi Rajandran,

    Good to see ur site. Just today i came across ur valuable site.
    Let me go thru all ur features and let u know.

    Regards,
    Mani.

  4. Hi,

    I want to know what’s the parameter used in the super trend indicator for Nifty EOD chart.

    Thanks & Regards,
    Mani.

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More