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.

BRExit and Stock Market Crash

56 sec read

Nifty Daily Chart
Nifty

Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR Spot closed around 67.8264 and GBPINR lost almost 5%. Reality, Capital Good and Metals are the Top Sector losers with looses mounting to more than 3% each.


Bank Nifty Daily Chart
Bank Nifty

The Positive sentiment in the system got completely damaged with this event. We are expecting this expiry series to continue with more uncertainty and the underlying volatility is expected to raise. Fridays movement in nifty impacted the sentiments of put writers. However the behavior of index put writing is still witnessed in the system and the repercussions are seems to be not over for them.

European Markets in Deep Negative
European Markets

FII’s are actively long in net naked put options which indicates a possible downtrend continuation in the upcoming sessions. CBOE VIX up 42% at the time of writing this article which can be used as a proxy to predict our market volatility in near term. Hence Volatility madness to continue.


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.

Bearish Option Strategy: Nifty Hedged Puts – Nov 2020…

Structurally Nov 2020 series is closing the long pending island gap reversal which is an investing reference. However, emotions are running high during the...
Rajandran R
42 sec read

What Could Possibly Go wrong with Nifty?

As of last 9th Oct 2020 closing of Nifty (11914), PE ratio stands at 34.71. By any means it indicates euphoric markets. Recently there...
Rajandran R
1 min read

Nifty Futures Short Term Overview – July 2020 Series

Markets are trading calm compared to the Month of March, Apr, June 2020. Volatility cooled off and trading ranges get smaller and smaller. However,...
Rajandran R
25 sec read

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