Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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 Future March Overview – III

26 sec read

Nifty Hourly Charts
Nifty Fut

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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 Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. 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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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.

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