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.

SDA2 Charts for IDFC and DLF for medium term buy

25 sec read

DLF Charts

 
From the Nifty 50 pack i’d like to IDFC(CMP : Rs132) and DLF(CMP : Rs 219) as both are trading in the buy zone for the couple of days. As per SDA2 trend trading system DLF turned to buy mode on 11th May 2011 since then it is trading sideways with trailing support coming near to Rs 213. And also IDFC is since buy mode for the last three trading sessions with trailing stoploss coming near to 127.4. I would like to recommend a medium term buy for a profit target of Rs240(DLF) and Rs 150(IDFC).
Place your stoploss just below the trailing supports i.e below Rs 213(DLF) and Rs 127.4(IDFC) respectively

IDFC Charts

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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4 Replies to “SDA2 Charts for IDFC and DLF for medium term…”

  1. hi sir…..

    please advise me how to set SDA2 trend trading system in chartnexus……..
    thanks in advance…..

  2. Hi Rajendran,

    I am not able to get ‘BSE’ chart @ CHARTINK free EOD analysis. What is the code? I hv given Sensex nd BSE both not opening.

    Kindly post their “code’ what they have given. thanks n advance.

    regards to your wife.

  3. @Kaplesh

    SDA2 Trend trading system is not possible in case of chartnexus as chartnexus supports only inbuilt indicators. Configuring custom indicators are not possible in chart nexus.

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