Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Four NSE Stocks with medium term Buy Signals

35 sec read

Reliance
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Cipla
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CineMax
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Essar Oil
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While scanning with 13-13 Wilders Moving Average – Offset Channel Trading System in a weekly time-frame many charts had yielded Weekly Buy signlas. But would like to discuss these four charts(Cipla, Cinemax, Essar Oil, Reliance) which could possibly turn into a potential returns in coming weeks.

Spot Value
1)Cipla – Rs 344
2)Cinemax – 62.43
3)Essar Oil – Rs 149.7
4)Reliance – Rs 1081

Stop Loss for the Medium term Buy

1)Cipla – Rs 313
2)Cinemax – Rs 56
3)Essar Oil – Rs 131
4)Reliance – Rs 1023

Nothing more to discuss about these stocks… utimately it is a buy or sell end of the day! 🙂

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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