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 and BankNifty January Futures Overview – I

25 sec read

Nifty Futures Charts
Nifty Hourly
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Nifty is in buy mode since 18th Dec 2013 and currently the support zone is coming under 6241. Reverse your position to positional Buy mode if the hourly charts breaks on the hours charts. And Bank Nifty is currently in sell mode since 12th dec 2013 and trading very close to the resistance zone. The Resistance coming around 11448. Reverse your position to positional Buy mode if the hourly charts breaks on the hours charts.

Bank Nifty Futures Charts
Banknifty

Nifty Open Interest

Nifty December month open interest figure shows both 6200PE and 6300CE writers are active at this moment and vix had fallen close to sub 16 levels indicates more compressed movements in the near term.
Nifty Open Interest

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 Short-Term Trend Turning Negative – Market Profile Update

The short-term trend for Nifty appears to be shifting towards the negative, encountering intermediate resistance in the range of 21920-21950. Additionally, a top-down analysis...
Rajandran R
1 min read

Nifty Futures – Short-Term Overview – Feb 2024 Futures

Nifty Futures is a short term is likely to test the G2 High reference level around 22200. Short Term Supports are formed around the...
Rajandran R
46 sec read

Nifty Sentiment likely to turn Positive?

Nifty Futures is likely to have a short truncated week. And last Saturday's trading session showed a comeback of Bank Nifty despite Nifty Futures...
Rajandran R
31 sec read

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