Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

Nifty and Bank Nifty December futures Overview – II

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Nifty Hourly Charts
Nifty Hourly
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Nifty and Bank Nifty December futures turned to Buy mode since Nov 25th with support coming around 6187 and 11170 respectively. Reverse the position to sell mode if the support breaks on the hourly charts.

Bank Nifty Hourly Charts
Bank Nifty Hourly

Nifty Open Interest Charts
Nifty Open Interest

December Nifty Options started with killing the premium of 6000PE with too much of open interest builtup right from the start of the series and on the call side 6500CE hold the higher open interest. Current Nifty range for the series could be in the range between 6200-6500

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, 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. Now the recent curiosity on building Trading AI Agents.

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