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 February Future Overview – III

24 sec read

Nifty Futures Hourly Charts

Nifty futures

 
Nifty future turned to buy mode on last friday. Currently the support zone coming close to 6006 reverse your position to positional buy if the support breaks on the lower side. Bank Nifty February future contract turned to sell mode on 24th Feb 2014 and the resistance zone comes close to 10337 respectively reverse your position to positional buy if the resistance breaks on the upper side.

Bank Nifty Futures Hourly Charts
Bank nifty futures

Nifty Open Interest Lookup

Nifty Open Interest chart shows still the 6000PE writers are strong and holding a higher amount of open interest among the other strike prices in nifty options shows their bullish view for the current expiry.

Nifty Options

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.

Sell in July and Go Away – July Market…

Markets have been one-sided in Nifty Futures this week. However, the development of information is quite serious and the market-generated information brings the odds...
Rajandran R
28 sec read

Short Covering from an Extreme Short Term Inventory –…

Nifty trading inventory goes short to too short as on last Monday trading session followed by a short-covering rally and this inventory adjustment process...
Rajandran R
22 sec read

State of the Market – 20th June 2022

It's Monday morning and SGX Nifty is trading sub 15300 levels and a little bit of nervousness in the markets as the last Thursday's...
Rajandran R
1 min read

5 Replies to “Nifty and Bank Nifty February Future Overview – III”

  1. Sir , do you have any free trial data provider Service ,if any, on Ami broker Software Setup?
    Kindly think about request.
    Thanking You,
    Regards.

  2. Hi,
    I am using GCI MT4 demo software. I have seen some of your post on this. Today (19th Feb 2014) I am seeing nifty value is updated abnormally (Observing the same behavior in USDINR for long time).

    Few days back tatasteel, tatamotors, SBIN are updated with some junk value, so the charts more than 30mins are not seen clearly.

    Did You or anybody observed the same? If so is there any solution for this ?

    Please let me know.

    Thanks & Regards,
    Kanniappan .A

      1. Thanks for the reply.
        Please share if you have info for these question:
        1. How much it costs to have a real account ?
        2. Won’t this erroneous values come in real account? It would be good if I get a confirmation from you or someone who is using it in real time.

        I would request you to share about bollinger bands and how to use it, if you know.

        Thanks & Regards,
        Kanniappan .A

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