Nifty Hourly Charts
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
Nifty Open Interest Charts
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
Related Readings and Observations
Nifty and Bank Nifty December Futures Overview – V Nifty and Bank Nifty December futures turned to sell mode on Dec 10th with resistance coming around 6236 and 11532 respectively. Reverse the position to Buy mode if the support breaks on […]
Nifty and Bank Nifty Trend and Sentiment Analysis – December Outlook Nifty and Bank Nifty weekly sentiment maintains positive despite weakness in the market. Last week DII continued their relentless buying mode despite weakness in the market and with the […]
Nifty and Bank Nifty Futures Sentimental Analysis – October Expiry The recent move in Nifty Futures are clearly driven by Short term players. Nifty Futures positive sentiment continues however sooner or later we can expect the trend to reverse when the […]
State of the Market : May Expiry Overview The Nifty Futures and Bank Nifty Futures continued to move up last week, gaining 2.2% and 1.0% respectively on close. And Bank Nifty is relatively under-performing in the recent uptrend. […]
Trading the Volatile Markets with this simple technical strategy. If you are a regular reader of my articles, then you know “I hate technical indicators”. They are a derivative of price action, nothing more than a mathematical complex paralysis. My […]
Nifty and Bank Nifty Futures Monthly Charts are Overheated Market is playing the dead volatility game. If you are a classical technical analyst you would have noted that the monthly charts would have shown overheated levels. So thought of bring […]
Leave a Reply