Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty and Bank Nifty January Futures Overview – II

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Nifty Futures – Hourly Charts

Nifty Futures Hourly
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Nifty January futures is in buy mode since 18th Dec and current support zone comes around 6318. And Bank Nifty January Futures turned to buy mode since 23rd January and the support zone comes around 11342. Reverse your position to positional sell mode if the support zone breaks on the hourly charts.

Banknifty Futures – Hourly Charts

Bank Nifty Hourly

India VIX Daily Charts

This January Nifty Future contracts are trading with heavy premium more than 65+ points and with very lower volatility is prevailing. India Vix closed at 14.88 shows the compressed nature of the markets as last month nifty spot traded between 6129.95 – 6415.25. i.e approximately 300pt range.

India VIX

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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6 Replies to “Nifty and Bank Nifty January Futures Overview – II”

  1. Rajendran,
    Thanks for the Nifty & Banknifty’s January Overview.
    One difference i observed form your chart that the SuperTrend ‘s parameters differs in my chart which i have downloaded from your site only.
    Like, the 18 th Dec, in Nifty, your hourly chart shows uptrend signal in the 4 th candle, where as my in my hourly chart shows up signal in the 2nd candle. the overall SuperTrend lines in my chart are different than yours. plz tell me if I have change my parameters.
    thnx.

    Anil

  2. Brother, its so kind of u that u provided commo n equity charts both.. But can u please provide options charts as well like earlier there were options charts here. it will be a real help if u do so. thnkyou in advance bro.. Happy new year! 🙂

  3. Brother, its so kind of u that u provided commo n equity charts both.. But can u please provide usdinr gbpinr
    charts as well like earlier there were forex charts here. it will be a real help if u do so. thnkyou in advance bro.. Happy new year! 🙂

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