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 Future March Overview – III

25 sec read

Nifty Hourly Charts
Nifty Fut

 

Nifty and Bank Nifty turned to hourly charts on 4th march onwards currently the support zone comes around 6253 and 10837 respectively. Reverse the position to sell mode if the support zone breaks on EOD basis.

Bank Nifty Hourly Charts
Bank Nifty Fut

India VIX Hourly Charts

So far India VIX in march month is in declining mode and currently India VIX is below sub 14 levels and next two trading days we can expect VIX to trade lower with compressed volatility.

India VIX

Open Interest

6200PE writers are building higher open interest for the past two days and they are likely to have a strong belief that 6200 will be the support zone for the current Option expiry series.
Open Int

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 Look Below Balance and Fail – Targets 15400…

Nifty Futures on the Daily charts trading in a 1000 points range between 14400 - 15400 approximately for more than 2 months. It is...
Rajandran R
21 sec read

Nifty Hedged Futures – Apr 2021 – Short Term…

Nifty Futures had made a sharp drop on Monday Morning (5th Apr 2021) almost touched 14500 levels however post that market had done a...
Rajandran R
1 min read

Options Strategy: Nifty Weekly Bull Put Spread

Nifty Apr Series on the hourly timeframe showed trend exhaustion and the Nifty Futures is trading with 100 pts of premium. Trading sentiment flipped...
Rajandran R
37 sec read

3 Replies to “Nifty and Bank Nifty Future March Overview – III”

  1. me and many of my friends are great fan of yours. we r trading in mcx zinc. please give an article of long term view of zinc.

Leave a Reply

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