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.

Nifty and Bank Nifty December Futures Overview – IV

27 sec read

Nifty Hourly Charts
Nifty Hourly

 
Nifty and Bank Nifty December futures are in Buy mode since Nov 25th with support coming around 6306 and 11867 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

Nifty Open Interest Shows huge call writing happening near 6400CE and 6500CE which indicates that 6500 is capped for this expiry on the upperside. And the expected range of Nifty for this expiry is 6200-6500 range. And on the put side 6200PE hold the higher open interest built up.

Nifty Open Interest

India VIX Daily Chart

The Falling VIX sentiment shows that market could enter into the range bound mode for this expiry as it had fallen from the peak down to below 18.

India VIX daily

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.

[Option Strategy] Hedged Futures with OTM Options to Save…

These days for Retail Traders trading in futures trading requires a huge margin. Approximately 1.65 Lakh per lot is required to carrying forward future...
Rajandran R
1 min read

How to Send Automated Option Orders from Excel Sheet

In this online webinar we will be discussing how to send automated orders using Microsoft Excelsheet and How to Get realtime data into Excel.
Rajandran R
16 sec read

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

2 Replies to “Nifty and Bank Nifty December Futures Overview – IV”

  1. sir i wanted your advice i wanted to trade in nifty and commodities advice how to go about like to trade with 50 k

    regards
    anthony arokianathan

Leave a Reply

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