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 – V

27 sec read

Nifty Hourly Charts
Nifty Futures

Nifty and Bank Nifty februrary future on the hourly charts turned to positional sell mode last thursday and currently the resistance zone comes near 6067 and 10315 respectively. Revese your position to positional longs only if the resistance breaks on the hourly charts.

Bank Nifty Hourly Charts
banknifty FUTURES

 
Nifty Option Open Interest
Open Interest

Nifty Options Open Interest at 6000PE is still at strongest figures and option writers for time being believing 6000 as support for option series. One have to closely monitor the 6000PE Open Interest action to get further cues on the direction. Unwinding in 6000PE could lead to more downside in nifty. It should be noted that 6000PE writers are building huge open interest right from the start of the februrary series

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.

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
14 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

What Could Possibly Go wrong with Nifty?

As of last 9th Oct 2020 closing of Nifty (11914), PE ratio stands at 34.71. By any means it indicates euphoric markets. Recently there...
Rajandran R
1 min read

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