Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Nifty and Bank Nifty February Future Overview – II

24 sec read

Nifty Hourly Charts
Nifty Futures

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Nifty and Bank Nifty February future contract turned to sell mode on 24th Feb 2014. Currently the resistance zone coming close to 6064 and 10348 respectively reverse your position to positional buy if the resistance breaks on the upper side.

Bank Nifty hourly Charts
Bank Nifty Feb Futures

Nifty Options – Open Interest Lookup
Nifty Open Interest

This February Options series is quite interesting so far. Series started with writing at 6000PE. And Feb 6000PE writers are not covering their open interest built there for the past three days. Eventhough nifty spot dipped down below 6000 on the first half of the intraday trade however it finds itself to manage to close above 6000 for the past three consecutive trading sessions.

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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